ROSS DRESS FOR LESS Hilari Pauk Lavanya Nolan Rachel Gomez 1 Retail/RossDressforless.jpg
Target Market Men and women, ages Annual income $20,000-$50,000 Usually located in suburban areas Hedonic shopper Bargain shopper
Competition & Retail Market Strategy Intratype competitors: TJ Maxx and Marshalls Intertype competitors: Kohl’s and Burlington Coat Factory Off-price retailer Offers competitive brands and labels at strong discounts
Retail Mix Analysis Opportunistic buying strategy Wide variety, limited assortment Located in strip centers and malls in suburban areas Use an informational website Only brick-and-mortar stores
Store Layout, Design & Presentation Grid layout for cost efficiency Use inexpensive displays including metal racks and gondolas Clearance is in the back of each merchandise category Uses style/item presentation Crowded and disorganized
Ross: Grid Layout Free Form Layout /rossdressforless.jpg
Price, Marketing & Customer Service Uses an everyday low pricing strategy Predominant advertising methods: Television, word of mouth and the internet Understaffed and unknowledgeable staff Good parking and return policy, large fitting rooms, restrooms provided
Strengths & Weaknesses Strengths: Pricing strategy Wide variety of merchandise Weaknesses: Customer service Merchandise presentation
References 1.Projects:retail. (2004). Tellepsen Builders. Retrieved November 25, 2007, from ossDressforless.jpg 2.Photos archive. (2007). Idaho State Journal. Retrieved November 25, 2007, from /rossdressforless.jpg