Week 1: Foundations of Retail Management (4 Hours)
Session 1 (2 Hours): Overview of the Retail Industry
Understanding the Retail Landscape: Trends, Challenges, and Opportunities
Historical Evolution and Future Outlook of Retail
Key Players and Market Dynamics in the Retail Sector
Session 2 (2 Hours): Retail Strategy and Business Models
Developing Effective Retail Strategies
Analyzing Different Retail Business Models
Aligning Retail Strategy with Consumer Behavior and Market Needs
Week 2: Operational Excellence in Retail (6 Hours)
Session 3 (2 Hours): Retail Operations Management
Principles of Retail Operations
Inventory Management and Supply Chain Optimization
Store Layout, Design, and Visual Merchandising
Session 4 (2 Hours): Financial Management in Retail
Financial Planning and Analysis in Retail
Pricing Strategies and Profitability Management
Cost Control and Budgeting Techniques
Session 5 (2 Hours): Technology and Innovation in Retail
The Impact of Technology on Retail Operations
E-commerce Strategies and Omnichannel Retailing
Emerging Technologies in Retail (AI, VR, IoT)
Week 3: Advanced Retail Marketing and Consumer Insights (6 Hours)
Session 6 (2 Hours): Retail Marketing and Brand Management
Advanced Retail Marketing Strategies
Branding and Positioning in Retail
Customer Loyalty Programs and Relationship Management
Session 7 (2 Hours): Consumer Behavior and Analytics
Understanding Consumer Buying Behavior
Leveraging Data Analytics for Consumer Insights
Personalization and Customer Experience Management
Session 8 (2 Hours): Ethical and Sustainable Retailing
Ethical Considerations in Retail Management
Sustainability Practices in Retail Operations
Corporate Social Responsibility (CSR) in Retail
Week 4: Leadership and Strategic Challenges (4 Hours)
Session 9 (2 Hours): Leadership and Human Resource Management in Retail
Leading and Managing Retail Teams
Staff Training, Development, and Motivation
Dealing with Change and Crisis Management in Retail
Session 10 (2 Hours): Capstone Project Presentations and Course Conclusion
Development and Presentation of Capstone Projects on Retail Management Challenges
Peer Review and Feedback
Course Summary and Reflections on Future Trends in Retail Management
This course structure ensures MBA students gain a comprehensive understanding of advanced retail management and strategy, combining theoretical knowledge with case studies, practical exercises, and a capstone project. The curriculum prepares students for leadership roles in retail, emphasizing strategic planning, operational efficiency, and innovative marketing approaches.