I need a swot analysis ( Strength, weaknesses , opportunities ,and threats ) for this retail brand (Claires) please give this analysis in details .
Performing SWOT analysis helps recognise the needs for the business. By performing this analysis, business can proper ahead of all its competitors and survive strong. Lets now perform SWOT analysis for a retail brand as per the question.
Strengths:
Retailer should have proper access to bank loans and should have proper financial backing in order to provide the products at wholesale prices to push in its sales percentage.
Weakness:
Retailer should check the brand's identity in the marketplace. If it sells both expensive products with cheaper ones together, it will not have a defined ranking in the minds of the consumer which should be totally avoided.
Opportunities:
If the retailer had more capacity to purchase, it could purchase smaller retailers prevailing in the marketplace to increases its market spread.
Threats:
On-line shopping had been a threat to traditional way of shopping of today's retailers which should be taken more care in order to be swept away from the aforesaid phenomenon.
I need a swot analysis ( Strength, weaknesses , opportunities ,and threats ) for this retail brand...
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