Principles of Retailing Research Paper

Principles of Retailing Research Paper

Order ID	53563633773
Type	Essay
Writer Level	Masters
Style	APA
Sources/References	4
Perfect Number of Pages to Order	5-10 Pages

Description/Paper Instructions

Principles of Retailing Research Paper

Instructions:

• Answer all the questions.
• Total number of questions are 10
• Word limit for each answer is minimum 100 words and maximum 150 words.
• Read the case carefully and answer the questions given below.

Debenhams prepares to file for bankruptcy

Debenhams  is preparing to call in administrators after the struggling department store was forced to close all its outlets under the coronavirus lockdown.

The company, which has 22,000 staff and was  rescued by its lenders after collapsing into administration  only a year ago, is understood to be considering filing a formal notice of intention to appoint administrators next week. The legal process provides protection from creditors for 10 working days while a company tries to secure a rescue deal.

Potential administrators lined up this time include KPMG, which  handled the Debenhams  restructure last May.

A  Debenhams  spokesman said: “Like all retailers, we are making contingency plans reflecting the extraordinary current circumstances. Our owners and lenders remain highly supportive and whatever actions we may take will be with a view to protecting the business during the current situation.”

Debenhams was taken over last year by a group of its financial backers, including the US hedge funds Silver Point and GoldenTree, after falling into administration. It then used an insolvency process known as a company voluntary arrangement (CVA) to cull unprofitable sites and cut rents.

The group has closed 22 stores, 19 of which shut in January, resulting in more than 700 job losses. A further 28 of its remaining 141 stores had been lined up for permanent closure next year.

Since the coronavirus lockdown Debenhams, which has more than £600m of debt, has written to landlords asking for a five-month rent holiday and reportedly asked suppliers for a 31-day delay to some payments as it seeks to conserve cash.

One insider told Sky News, which first reported the retailer’s plan, that there was a realistic prospect that Debenhams’ clothing suppliers would take legal action against the company for deferring invoice payments during the lockdown.

Any collapse into administration could pave the way for Mike Ashley’s Frasers Group, formerly known as Sports Direct, to revive its interest in Debenhams.

The department store’s CVA plan was subject to a legal challenge amid pressure from Ashley, whose retail group’s investment of £150m was wiped out when Debenhams went into administration. He was keen to combine the department store firm with his House of Fraser chain.

Debenhams is one of many retailers in financial difficulties because of the coronavirus shutdown. Richard Hyman, an independent retail analyst, said it was likely to be the first of many fashion chains in trouble because of an oversupply in the market, as well as the knock to sales from Covid-19.

“There will definitely be more [in difficulty] and quite a lot more,” Hyman said. “But the shakeout may be delayed and you can’t really liquidate assets in this environment.”

Even before the pandemic, British department stores  had been in difficulty , with shoppers shifting to buying online or spending on experiences such as holidays, digital services and takeaways, and firms struggling with rising costs, including business rates and staff pay.

The department chain Beales closed its 23 stores after  falling into administration  in January, while House of Fraser had shut at least seven of its 59 branches before the government shutdown was announced.

John Lewis has also said it is  considering permanently closing outlets  after profits at its department stores plunged by 65% to £40m.

• Answer all the questions.
• Word limit for each answer is minimum 100 words and maximum 150 words.

1- Find out in which category Debenhams falls into. Explain in details.

2- After reading the article what do you think are the main reasons that lead to Debenhams bankruptcy.

3- Uk has witnessed difficulty in dealing with their customers even before the pandemic. Explain how.

4- From your point of view, what do you thing were the reasons of the change in UK consumer behaviour.

5- List down with example what should retailers which were affected by the pandemic should do to overcome the loose and to maintain trading.

6- Talk about 3 retailers around your place that were affected and how did they react to this pandemic.

7- Discus the importance and the role of technology for retailers during COVID-19.

8- Which type of store layout department stores should use. and why?

9- Write up all the possible solutions that might help Debenhams to overcome failure.

10. “The manufacturer uses a push strategy, pull strategy or both in the different situation”. What is the suitable promotional strategy retailers should apply during this tough time? And why?

RUBRIC QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points:  Student failed to submit the final paper. 20 points out of 50:  The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50:  The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately.  Elements of the required response may also be lacking. 40 points out of 50:  The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples.  The answer is complete. 50 points:  The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples.  No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points:  Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points:  Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points:  References to scholarly sources are occasionally given; many statements seem unsubstantiated.  Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points:  Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented.  APA 6th Edition is used with only a few minor errors.  There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points:  Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented.  APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points:  Student failed to submit the final paper. 5 points out of 20:  The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors  10 points out 20:  The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20:  The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points:  The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points:  Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements.  The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
GET THIS PROJECT NOW BY CLICKING ON THIS LINK TO PLACE THE ORDER CLICK ON THE LINK HERE:  https://essaysolver.com/orders/ordernow You Can Also Place the Order In www.perfectacademic.com/orders/ordernow / www.essaysolver.com/orders/ordernow
Do You Have Any Other Essay/Assignment/Class Project/Homework Related to this? Click Here Now [CLICK ME] and Have It Done by Our PhD Qualified Writers!!

Principles of Retailing Research Paper

PLACE THE ORDER WITH US TODAY AND GET A PERFECT SCORE!!!

Do You Have Any Other Essay/Assignment/Class Project/Homework Related to this? Click Here Now [CLICK ME] and Have It Done by Our PhD Qualified Writers!!

Why Work With Us!!

• Tired of getting an average grade in all your school assignments, projects, essays, and homework? Try us today for all your academic schoolwork needs. We are among the most trusted and recognized professional writing services in the market.

• We provide unique, original and plagiarism-free high quality academic, homework, assignments and essay submissions for all our clients. At our company, we capitalize on producing A+ Grades for all our clients and also ensure that you have smooth academic progress in all your school term and semesters.

• High-quality academic submissions, A 100% plagiarism-free submission, Meet even the most urgent deadlines, Provide our services to you at the most competitive rates in the market, Give you free revisions until you meet your desired grades and Provide you with 24/7 customer support service via calls or live chats.