Interview Guides
You are reviewing operations for a retail beauty store that has seen sustained low walk-in traffic while carrying more inventory than it can sell efficiently. Working capital is getting tied up in slow-moving SKUs, store staff are spending time managing stock instead of driving conversion, and the location is under pressure to improve profitability without hurting customer experience. You need to decide what operational changes to make across assortment, replenishment, staffing, and fulfillment so the store can operate more efficiently.
If a retail store is experiencing low footfall but high inventory holding costs, what operational strategies would you implement to optimize efficiency?
