Nordstrom: How to Succeed by Selling Just One Shoe
Nordstrom: How to Succeed by Selling Just One Shoe
Introduction
Basically, retail trade entails the merchandise or sale of items to the last consumer. The retailer may either be engaged in buying items exactly from the constructor or through the wholesaler counting on the dimensions of the enterprise. In this case, there live diverse classes of retailers which include; shopping centers, discount stores, departmental stores, and general merchandise stores amidst others. Precisely, the Nordstrom is categorized as a departmental store due to its nature of operations. Initially, it begun as a footwear retailer and amplified its procedure to offer several goods encompassing apparel, jewelry, handbags, cosmetics, and dwelling furnishing amidst others. (Kite, 2007)
Discussion
Being a departmental store, the Nordstrom functions several string of connections stores in distinct locations. In the year, 1958, Nordstrom had eight stores in two states which firmly focused in the sale of shoes. Its expansion was mostly assisted to clientele commitment due to the value and effective services suggested by the company. At present, Nordstrom celebrates to be functioning many string of connections stores in nationwide grade which has quickly expanded its incomes and scope of operation. (Kite, 2007)
To start with, the goods traded by the Nordstrom are alike to those sold by other departmental stores. In exact, departmental shops agreements with durable items like; cosmetics, hardware, jewelry, fair items, footwear and apparel amidst others. This facet sketches a nearer likeness between the Nordstrom and other departmental shop since it agreements with durable items as illustrated by other departmental stores. Another attribute is on the mode of operation; whereby the Nordstrom has a string of connections of stores in diverse components of USA and Canada, which is alike to other departmental stores. Some of the stores belongs to by Nordstrom are in ...