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- Challenges of departmental stores include12:
- Price perception: Some consumers perceive departmental stores as more expensive compared to specialized or discount stores, which can deter budget-conscious shoppers.
- Overwhelming choices: The vast range of products can sometimes overwhelm customers, making it challenging to make purchase decisions.
- Higher operating costs: Departmental stores require higher operating costs.
- Difficult to supervise: Departmental stores are difficult to supervise.
- Huge capital: Departmental stores always need huge capital.
- High prices: Departmental stores maintain high prices.
- Limited supply: Departmental stores don't supply all goods.
- Thefts: Departmental stores have to deal with thefts.
- Low customer feedback: Departmental stores get low customer feedback.
- Need for specialists: Departmental stores need the services of specialists.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Price Perception: Despite economies of scale, some consumers perceive departmental stores as more expensive compared to specialized or discount stores, which can deter budget-conscious shoppers. Overwhelming Choices: The vast range of products can sometimes overwhelm customers, making it challenging to make purchase decisions.www.indianretailer.com/article/retail-business/futur…Disadvantages of Departmental Store
- 1. Departmental Store Needs Higher Operating Costs ...
- 2. Departmental Store is Difficult to Supervise ...
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WEBDec 2, 2020 · A big challenge for department stores in recent years is the sheer overhead of the physical space they occupy. This is part of the …
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