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UNIVERSITI TEKNOLOGI MARA
Course Name (English) RETAIL MERCHANDISING
Course Code RET545
MQF Credit 4
Course Description This course is geared towards the fundamental understanding of basic retail merchandising. It also attempts to expose students to various essential merchandising activities starting from determining the right merchandising mix from the suppliers, in the right quantities, pricing them, make them available at the right place, at the right time, and creating the right image and atmosphere of the store to keep the present customers and entice new ones. Students are equipped with theoretical and conceptual knowledge of merchandising techniques to prepare them for making effective decisions on how to manage and respond to the dynamics nature of the retail industry.
Transferable Skills communication skill
problem solving skill
Teaching Methodologies Lectures, Problem Based Learning (PBL), Collaborative Learning
CLO
CLO1 Explain concepts and theories of retail merchandising.
CLO2 Analyse retail merchandising concepts and theories.
CLO3 Demonstrate efffective communication skills in oral and written using retail merchandising strategies.
Pre-Requisite Courses No course recommendations
Topics
1. Introduction to Retail Merchandising
1.1) 1.1 Introduction
1.2) 1.2 What is Retail Merchandising
1.3) 1.3 The Importance of Retail Merchandising
1.4) 1.4 Merchandising blend
1.5) 1.5 Goals and Objectives of Retail Merchandising
1.6) 1.6 Retail Merchandising Concepts
1.7) 1.7 Retail Merchandising Activities
2. Buyer’s Roles
2.1) 2.1 Buyers Duties
2.2) 2.3 Centralized Buying Office
2.3) 2.4 Elements of Buying
2.4) 2.5 Merchandise Logistic System
2.5) 2.6 Criteria for Selection of Vendors
3. Planning Merchandise Mix
3.1) 3.1 Merchandise Mix Plan
3.2) 3.2 Merchandise Management
3.3) 3.3 Analyzing Customer Needs
3.4) 3.4 Fashion Merchandising
3.5) 3.5 Fashion Theories
3.6) 3.6 Fashion Cycles
3.7) 3.7 Factors Influencing Fashion Demand
3.8) 3.8 Model Stock Plan
3.9) 3.9 Private Label Program
4. Merchandise Management and Control
4.1) 4.1 Constraining Factor
4.2) 4.2 Controlling Merchandise Variety
4.3) 4.3 Category Management
4.4) 4.4 Merchandise Range Review
4.5) 4.5 Dollar Merchandise Control
4.6) 4.6 Merchandise Performance Evaluation
5. Pricing Merchandise
5.1) 5.1 Interactive Price Decision
5.2) 5.2 Retail Pricing Objectives
5.3) 5.3 Markup
5.4) 5.4 Markdown
6. Strategic Merchandising
6.1) 6.1 Introduction to Strategic Merchandising
6.2) 6.2 Planogram
6.3) 6.3 Shelf Merchandising
6.4) 6.4 Product Placement
7. Visual Merchandising
7.1) 7.1 Store Image
7.2) 7.2 Why Retailer Should Be Concerned About Store Image?
7.3) 7.3 Determinants of Store Image
7.4) 7.4 Visual Merchandising – Exterior
7.5) 7.5 Display: Aids To Selling
7.6) 7.6 Lifestyle Merchandising
 
Assessment Breakdown%
Continuous Assessment100.00%
Details of Continuous Assessment
Assessment Type Assessment Description % of Total Mark CLO
Assignment Group assignment-retail mix 20% CLO2
Assignment Group assignment-merchandise mix and strategy 20% CLO3
Final Test Final test 20% CLO1
Group Project Case Study of retailer and their retail merchandise practices 30% CLO3
Test Mid term Test 10% CLO1
Reading List
Recommended Text
  • Musa, Rosidah, Retail Merchandising, Lecture Manual, Ed., , [ISBN: ]
Reference Book Resources
  • B.K. Tepper and M. Greene, Mathematics of Retail Buying, 8 Ed., Fairchild Books
Article/Paper ListThis Course does not have any article/paper resources
Other ReferencesThis Course does not have any other resources