Question

trends in retailing today such as new retail forms and combinations. Examples include supermarkets with banks and bookstores featuring coffee shops. In this assignment you are to “speculate” on potential new retail forms or retail combinations yet undeveloped. In their selection of a “new” form of retailing or combination of retailers, ask the students to defend their choices using the ideas and concepts presented in this chapter. For this assignment, write a paper proposing a potential “new” retail form or retail combination yet undeveloped. In your paper support your proposal using research (Internet or other forms)

Answer 1

In this new era of business, the concept of innovative ideas has become an important factor in making the business run successfully. The more innovative the idea of business is, the more customers get attracted.

In the case of the retail stores, many new innovative combinations have paved a way for numerous success stories.

My proposed idea is a cloth store with an additional facility of car servicing shop, wherein which when the customers enter the store for shopping clothes( which would almost take more than 45 minutes for most of the customers ), they can make their car get a good service like washing, cleaning, air checkup, and oil check-up by utilizing the time they are in the stores shopping peacefully.

This idea has many advantages like :

• Avoids unnecessary waiting time to get the car serviced
• Avoids multiple trips (to get car service)
• in some cases where there is is no specific parking lot, car security is ensured

According to a recent study and statistics, about 75 % of the people do their car service with independent car service shops (frequently )while only 25 % of the population uses dealership car services. By these statistics it is clear that by proposing this idea of combining the cloth store with a car service shop, the business would go in a successful manner by gaining many customers. Moreover, many of the customers who are in lack of time to manage multiple purposes in a day would find this idea a very useful one and many shopaholics get more time to select clothes peacefully.

Hence the answer.