Spencers retail

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Nishant Naral

Educação Negócios

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RETAIL FORMATS OF SPENCER’S RETAIL ,[object Object],[object Object],[object Object],[object Object]

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Retail Design Initiatives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Purpose of this case is to understand retailing and retail formats, understanding the business model of retail market- #Big Bazar, and learning. Explanation of porter's five force model- It talks about the 5 forces that is by the business. 1. Industry competitors talks about rivalry among existing firms in the market 2. Potential entrants means threat from new business that may come to existence in future. 3. Buyers- bargaining power of buyers increase when there are many substitutes available in the market but if there is only one seller or industry then the industry becomes powerful in pricing the product. 4. Threats of substitute product or services is another force to the industry that may increase the competition in the market. 5. Bargaining power of supplier means for example, if there are many suppliers of raw materials to the industry the the bargaining power of supplier will decrease and industry may have many choices to purchase their materials from suppliers and vice versa.

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Spencers retail

1. NISHANT NARAL

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13. Visual Merchandising Initiatives

14. Feature Displays

15. Presentation of Merchandise

16. Thank You

Spencers retail

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