Using workplace population statistics to understand retail store performance

Using Multi-Agent Simulation to Understand the Impact of Management Practices on Retail Performance

Intelligent agents offer a new and exciting way of understanding the world of work. Agent-Based Simulation (ABS), one way of using intelligent agents, carries great potential for progressing our understanding of management practices and how they link to retail performance. We have developed simulation models based on research by a multi-disciplinary team of economists, work psychologists and co...

The Effect of Retail Store Environment on Retailer Performance

Retail stores are segmented using socioeconomic characteristics of the environmental variables both within and outside the store. trade area, and it is shown that the effects of store environment on store The internal retail environmental variables include retailers’ performance vary across segments. Store performance is measured by a micro-marketing strategies and the external retail environme...

Design and Performance Considerations for the Retail Store System

transactions in a retail system are a comprehensive set of store applications. These applications include point-of sale operations and back-room activities. Store performance is described by the throughput rate of transactions and the delay in the processing of any particular transaction. Two techniques of performance analysis are discussed: analytic evaluation atzd store simulation. A n import...

The impact of the Scanlon Plan on retail store performance

Retail store scheduling for profit

In spite of its tremendous economic significance, the problem of sales staff schedule optimization for retail stores has received relatively scant attention. Current approaches typically attempt to minimize payroll costs by closely fitting a staffing curve derived from exogenous sales forecasts, oblivious to the ability of additional staff to (sometimes) positively impact sales. In contrast, th...