120 likes | 625 Views
ROSS DRESS FOR LESS. 1 http://tellepsen.com/images/largepictures4popups/Retail/RossDressforless.jpg. Hilari Pauk Lavanya Nolan Rachel Gomez. Men and women, ages 16-65 Annual income $20,000-$50,000 Usually located in suburban areas Hedonic shopper Bargain shopper. Target Market.
E N D
ROSS DRESS FOR LESS 1http://tellepsen.com/images/largepictures4popups/Retail/RossDressforless.jpg Hilari Pauk Lavanya Nolan Rachel Gomez
Men and women, ages 16-65 Annual income $20,000-$50,000 Usually located in suburban areas Hedonic shopper Bargain shopper Target Market
Intratype competitors: TJ Maxx and Marshalls Intertype competitors: Kohl’s and Burlington Coat Factory Off-price retailer Offers competitive brands and labels at strong discounts Competition & Retail Market Strategy
Opportunistic buying strategy Wide variety, limited assortment Located in strip centers and malls in suburban areas Use an informational website Only brick-and-mortar stores http://www.rossdressforless.com/ Retail Mix Analysis
Grid layout for cost efficiency Use inexpensive displays including metal racks and gondolas Clearance is in the back of each merchandise category Uses style/item presentation Crowded and disorganized Store Layout, Design & Presentation
Ross: Grid Layout Free Form Layout 3https://secure.pocatelloshops.com/photos/archive/2007-02-02/rossdressforless.jpg
Uses an everyday low pricing strategy Predominant advertising methods: Television, word of mouth and the internet Understaffed and unknowledgeable staff Good parking and return policy, large fitting rooms, restrooms provided Price, Marketing & Customer Service
Strengths: Pricing strategy Wide variety of merchandise Weaknesses: Customer service Merchandise presentation Strengths & Weaknesses
References 1.Projects:retail. (2004). Tellepsen Builders. Retrieved November 25, 2007, from http://tellepsen.com/images/largepictures4popups/Retail/RossDressforless.jpg 2.Photos archive. (2007). Idaho State Journal. Retrieved November 25, 2007, from https://secure.pocatelloshops.com/photos/archive/2007-02-02/rossdressforless.jpg