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  • About
  • The Global ETD Search service is a free service for researchers to find electronic theses and dissertations. This service is provided by the Networked Digital Library of Theses and Dissertations.
    Our metadata is collected from universities around the world. If you manage a university/consortium/country archive and want to be added, details can be found on the NDLTD website.
1

Developing a Retail Buying Model Based on the Use of Assortment Decision Factors

Bahng, Youngjin 21 June 2011 (has links)
As end-consumers are surrounded by a tremendous number of multi-channel retailers and their products, clothing retailers are exposed to numerous clothing samples with a variety of styles in various price ranges, offered by onshore and offshore manufacturers. Although manufacturers or vendors offer well-salable products, a retail business may not be successful in maximizing profits without a strategic retail buying planning process. The purpose of this study is to develop a retail buying model for clothing retailers. In order to test the variables that comprise the retail buying model, the objectives of the study are to: (a) investigate important assortment decision factors for clothing retail buying; (b) segment clothing retail buyers by their decision factor uses; (c) characterize the segments by buyer (i.e., age, gender, education, experience, employment) and company demographics (i.e., types of products, type of store, size of the firm); (d) examine the relationship between these demographic variables and the factor uses; (e) examine the influence of the factor uses on the success of assortment planning; (f) examine the influence of the success of assortment planning on firm performance; and, (g) examine the influence of extraneous variables (i.e., retail environment) on firm performance. After two pilot tests, adjustments were made to wording in the questionnaire. Data collection, using a pen and paper questionnaire, was conducted using convenience and snowball sampling. Through this method, 425 clothing retail buyers, merchandisers, or store owners, who are involved assortment planning and buying in South Korea, participated in the survey. A variety of statistical analyses was used to test the hypotheses. For testing Hypothesis 1, the mean and standard deviation of the assortment factor items were used to rank important decision factors for assortment planning. To test Hypothesis 2, retail buyers were segmented by their assortment decision factor use through exploratory factor analysis and K-means cluster analysis. For Hypothesis 3, Chi-square was utilized to characterize the segments of buyers and merchandisers from Hypothesis 2, using buyer and company demographics. For Hypothesis 4, Pearson and Spearman Correlations were used to test if correlations exist between buyer and company demographic variables and decision factor use. For Hypotheses 5 to 7, a Structural Equation Model (SEM) was developed to test if causal relationships exist among assortment decision factor use, the success of assortment planning, firm performance, and retail environment. All Hypotheses were fully or partially supported. Based on the results of hypotheses testing, the finalized retail buying model was developed. The finalized retail buying model based on the use of assortment decision factors will benefit retailers by helping retail buyers to analyze available information and identify the need for additional decision factors. Due to the use of convenience and snowball sampling as well as the limited geographic location of the survey, the finding of the current study cannot be generalized to the general population of clothing retail buyers. Future studies using probability sampling methods, utilizing qualitative methods, and/or examining in different countries, are suggested to verify the current findings and confirm the validity of the framework. / Ph. D.
2

The impact of Stellenbosch Square on retail buying patterns in Paradyskloof

Van der Merwe, J. M. P. 12 1900 (has links)
Thesis (MA (Geography and Environmental Studies))--University of Stellenbosch, 2006. / The retail sector provides geographers with a major area of analysis where they can apply their specialist knowledge to solve and explain real-world problems. Over the years there have been significant changes in the locations where South Africans shop. Retail shops are moving from city centres (CBDs) to more accessible and attractive locations on the city’s edge. This phenomenon is also evident in the retail structure of Stellenbosch. Stellenbosch Square is a multi-million-rand shopping centre that has been erected on the edge of Stellenbosch. The retail buying patterns of the Paradyskloof neighbourhood (in Stellenbosch) was analysed and placed in context with Stellenbosch Square. Paradyskloof is situated between Stellenbosch Square and Die Boord shopping centre, which is situated more closely to the CBD. The null hypothesis states that: “The buying patterns of the residents of Paradyskloof did not change significantly after the building of Stellenbosch Square, a shopping centre situated between Stellenbosch and the Somerset West shopping centre.” The overarching aim is to describe and explain the extent of the current retail buying patterns of the Paradyskloof population and compare them to the predicted results of the Flowmap 7.2 origin-constrained gravity model with regards to Stellenbosch Square shopping centre. The Paradyskloof retail buying patterns was determined by a random distributed questionnare survey. The modelled results are compared to the actual buying patterns and the findings are placed in context. Various types of data (primary and secondary) were collected. The origin-constrained gravity model was calibrated with the mean trip lengths (MTL). The modelled results predicted that all of the Paradyskloof residents shop at Stellenbosch Square. To determine the actual buying patterns, 250 questionnaires were spatially distributed with the aid of a random sampling of erven within the Paradyskloof neighbourhood. The survey indicated that only 44% of the respondents shop at Stellenbosch Square. Some of the reasons for why some of the residents still shop closer to the CBD are: high mobility, high number of scholars, multi-functional trips, banking and postal services etc. The rationale behind Stellenbosch Square and the role it plays within the Stellenbosch retail market has also been provided.

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