Ch 3: Managing Small Retail Stores

About This Chapter

Retail managers should understand how to run the operations of smaller retail stores. The lessons in this chapter cover concepts related to small independent retailers, including specialty products and the launching of a small retail store.

Managing Small Retail Stores - Chapter Summary

This chapter discusses retail management in the context of small independent retailers. The fun and engaging lessons in this corporate training chapter can help your managers:

  • Understand the steps that are needed to launch a small retail store
  • Know what specialty products are
  • Assess the risks and rewards for independent retailers

Each lesson covers a specific retail management concept and highlights important definitions. Each lesson comes with a self-assessment quiz so your employees can make sure they fully understand the topics they've learned. The text-based lessons can be printed out for further study and the chapter can be accessed at any time, day or night.

How It Helps

  • Specializes retail management understanding: Your managers need to understand retail management concepts in a small-store context.
  • Builds awareness: It's important that your managers are aware of the challenges faced by independent retail businesses and understand how to compete against larger retailers.
  • Provides a roadmap: Managers can walk through the steps needed to launch a small retail store, including store location, design and setup.

Skills Covered

After completing this chapter, employees will be able to:

  • Understand independent retail businesses
  • Define specialty products
  • Know how to launch a small retail store

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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