MANAGEMENT

BUISENESS MANAGEMENT

MERCHANDISING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Nags Head Outlet shopping mall contains discount stores such as Vera Bradley and Ralph Lauren. Since these stores are manufacturer-owned and operated, which type of retailer is available?
A
boutiques
B
department stores
C
factory outlets
D
franchises
Explanation: 

Detailed explanation-1: -The business of buying clothes from manufacturers and selling them to customers is known as retail.

Detailed explanation-2: -The top five types of merchandising are product, retail, visual, digital, and omnichannel. Though classified into five different categories, they are primarily interrelated. For example, visual merchandising is correlated with product merchandising.

Detailed explanation-3: -The visual merchandising team are the people in charge of designing the layout, floor plan, and the displays of the store in order to increase sales. The fashion merchandising team are the people who are involved in the production of fashion designs and distribution of final products to the end consumer.

Detailed explanation-4: -Fashion merchandising is the presentation of a clothing item or accessory to the right audience at the right time. It involves planning and promotion to ensure a product is popular. Brands might hire fashion merchandising teams to give advice on designs and present products to the target consumer.

There is 1 question to complete.