{"title":"Fashion retail strategies in-store design and planning: the case of South Africa","authors":"M. Cant, C. Bothma","doi":"10.9770/jesi.2023.10.4(25)","DOIUrl":null,"url":null,"abstract":". The study followed a consumer-centred approach in investigating the subject of visual merchandising in the South African fashion retail industry holistically. Inspired by the vision of 'Fashionomics' as a potential driver of economic growth, the primary research objective was to synthesise key visual merchandising elements to drive retail strategies in-store design and planning in the broader South African fashion retail market. This research study adopted a mixed-methods approach, analysing the data through directed content and factor analysis. This research study aims to reinvigorate South African fashion retail by targeting key visual merchandising elements, which South African fashion retailers can use as strategic tools. The key elements were determined from the consumer's perspective; hence, fashion retailers’ strategies may become more effective. Fashion retailers can differentiate themselves through the in-store environment created through unique visual merchandising strategy based on the identified critical elements and using them to gain a competitive advantage. The specified visual merchandising elements represent functions, activities, and business practices consumers value and demand. They reveal what consumers could see as a benefit to their relationship with the retailer. It was found that fashion retailers should implement good housekeeping – cleanliness and neatness, train customer-centric staff, and pay attention to fitting rooms, amongst a range of other visual merchandising elements in their retail strategies. As these three elements appear significant according to consumers, retailers will likely benefit the most by focusing on them.","PeriodicalId":47127,"journal":{"name":"Entrepreneurship and Sustainability Issues","volume":" ","pages":""},"PeriodicalIF":1.2000,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Entrepreneurship and Sustainability Issues","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.9770/jesi.2023.10.4(25)","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
. The study followed a consumer-centred approach in investigating the subject of visual merchandising in the South African fashion retail industry holistically. Inspired by the vision of 'Fashionomics' as a potential driver of economic growth, the primary research objective was to synthesise key visual merchandising elements to drive retail strategies in-store design and planning in the broader South African fashion retail market. This research study adopted a mixed-methods approach, analysing the data through directed content and factor analysis. This research study aims to reinvigorate South African fashion retail by targeting key visual merchandising elements, which South African fashion retailers can use as strategic tools. The key elements were determined from the consumer's perspective; hence, fashion retailers’ strategies may become more effective. Fashion retailers can differentiate themselves through the in-store environment created through unique visual merchandising strategy based on the identified critical elements and using them to gain a competitive advantage. The specified visual merchandising elements represent functions, activities, and business practices consumers value and demand. They reveal what consumers could see as a benefit to their relationship with the retailer. It was found that fashion retailers should implement good housekeeping – cleanliness and neatness, train customer-centric staff, and pay attention to fitting rooms, amongst a range of other visual merchandising elements in their retail strategies. As these three elements appear significant according to consumers, retailers will likely benefit the most by focusing on them.
期刊介绍:
ENTREPRENEURSHIP AND SUSTAINABILITY ISSUES ISSN 2345-0282 (online) is a peer-reviewed scientific journal, serving as a platform to foster multi/interdisciplinary innovations that bring together the research communities and the end-users being affected. It is where theory meets practice, evident in the authors being experts across the industrial value chain – including business visionaries, regulatory and standards bodies, and especially pan-European networking through public and private sector partnerships (PPPs). Accepted papers present outcomes of initiatives and findings across all fields of science and technology, especially social sciences and humanities. Multi/interdisciplinary approach is encouraged. Recent additions to the already well-accomplished editorial board includes experts from the energy and information and communication technologies (ICT) sectors, particularly focused on advances to the state of the arts in environmental sustainability developments. This journal publishes original research papers that are rich with case studies of modern demonstrations, presenting innovative solutions to socio-economic and socio-technical problems that plague modern societies. It is a journal that is positioned as collaborative platform where theory meets practice, which is accomplished by publishing authors who’ve uncovered new linkages between data formulation and the underpinning theories, cases, observations, and validated hypotheses arising from the analysis of that data. ESI journal scope includes as well a particular focus on the business development side of smart electricity grids regarding financial or innovative technological aspects surrounding: renewable production, energy storage and management, construction materials, retrofitting, urban planning, and the trading of actors within emerging markets affected by energy supply and demand tradeoff.