Question

In: Operations Management

When you walk into a store such as Target, Walmart or any grocery store, do you...

When you walk into a store such as Target, Walmart or any grocery store, do you usually have list and only buy the items on the list? If you are like me, you walk around the store and pick up 10 items you didn't anticipate buying. Why do you think this happens? Is there a particular store you shop at where this happens consistently? Why?

Solutions

Expert Solution

I usually have a list when I walk into a store such as Target, Walmart or any grocery store. However, I mostly end up buying some additional items as well apart from the ones being on the list. There are many factors behind this, the first is that the promotional offers going on in that store on certain items, secondly, that when I see some of those items, I feel that either I missed including them in the list, or I feel that I would need these items in near future, so better to buy it now itself. One other reason at times is that sometimes a specific offer goes on purchase via debit/credit card on a purchase of a specific amount, and to be eligible for such an offer, I purchase items that I didn't anticipate buying. I don't think this happens in a particular store, rather such things offer in any kind of large retail stores like Target and Walmart, simply because they have large collections of various items, they offer better discounts, and have more promotional offers than any grocery store.


Related Solutions

Target and Walmart. Which store do you want to work for? Why?
Target and Walmart. Which store do you want to work for? Why?
The chance that any jug of milk in the grocery store will be sour is 5%....
The chance that any jug of milk in the grocery store will be sour is 5%. Suppose you purchase 20 jugs of milk for the summer camp where you work. What is the expected number of jugs of sour milk in your purchase
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a...
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in...
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a...
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in...
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a...
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in...
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a...
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in...
i want you to make balance scorecard on any of the following business: Grocery store Hospital...
i want you to make balance scorecard on any of the following business: Grocery store Hospital Auto manufacturer Law office Coffee shop Movie theater
Consider the example of laptop manufacturing, a grocery store checkout system or any other process you...
Consider the example of laptop manufacturing, a grocery store checkout system or any other process you have experience, and detail with examples 5 different dimensions of product quality and how you would measure them. The question is below: Detail 3 general goals of Six Sigma. With the same example of the same process as in Qn 4A, detail where these two goals can be applied.
Examine a product that has recently changed prices when you were at the grocery store in...
Examine a product that has recently changed prices when you were at the grocery store in the past week. Analyze one determinant of supply and demand that has created the price to increase or decrease in your example. How did the change in demand or supply affect the market price in your example? This assignment will require you to write an analysis with a minimum of 3-5 paragraphs in APA format. You will need to focus on your analysis and...
Suppose you manage a local grocery store, and you learn that a very popular national grocery...
Suppose you manage a local grocery store, and you learn that a very popular national grocery chain is about to open a store just a few miles away. Use the model of monopolistic competition to analyze the impact of this new store on the quantity of output your store should produce (Q) and the price your store should charge (P). What will happen to your profits? Explain your reasoning in detail. How and why do profits change? What could you...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT