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How can a small independent retailer compete against the large national chains? Part 1 For this assignment you will identify two different yet competing types of retail establishments. In your...

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How can a small independent retailer compete against the large national chains?

Part 1

For this assignment you will identify two different yet competing types of retail establishments. In your submission, you need to include the answers to the following questions:

  1. What is the name of the small, independent retailer?
  2. What is the name of the large, national chain?
  3. How do these two establishments differ?

Part 2

In part 2, this has to do with my already existing business concept, which is for a Pet Store and please visit this website: https://www.petvalu.com/ca/category/furniture-scratchers/ XXXXXXXXXX?&bosleys=true&gclid=CjwKCAiAhbeCBhBcEiwAkv2cYz-9crZ3E2afBqw5qGi_ErLbN19sPAWeagqELIuEq3j_U97N9DwgIxoCpWIQAvD_BwE to get more information and then answer the questions. Think about your business concept, consider who your competitors are and answer the following question.

  1. How would your business concept fair against the competition?
Answered Same Day Mar 14, 2021

Solution

Parul answered on Mar 15 2021
151 Votes
Part 1
By the virtue of this assignment, I have worked extensively to comprehend how small independent retailers can compete against the big multi-national giants.
· Name of the small, independent retailer - Kevin's Retail Shop
· Name of Large, National Chain - Walmart
These two establishments differ in its scale and scope. By former I mean, while Walmart is present all across the world, latter has very less geographic presence and largely comprising of few areas in the Texas, Ohio and New Jersey. Furthermore, while Walmart is able to to store and sell everything at their store from small pencil to chandelier, Kevin's Retail Shop only sells apparels and...
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