Retail Industry 2024 - Foundational
Issued by
Grant Thornton US
Earners of this knowledge badge understand retail industry key terms and terminology, the various business models now operant in the industry and organizational structures used in retail trade across various channels, fundamental business models used in retail and e-tail, key performance indicators and business drivers. They are able to effectively communicate their understanding of the industry to internal and external parties.
- Type Learning
- Level Foundational
Skills
- Channels
- Direct-to-Consumer
- E-tail
- Industry Structure
- Industry Terminology
- Industry Trends
- Inventory Management
- Inventory Turns
- Merchandizing
- Multi-Channel
- Retail
- Store Operations
Earning Criteria
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Apply: Ability to recall and recognize concepts, tools and techniques and demonstrate understanding of concepts in real-world situations and through internal/external conversations.
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Assess: Successful completion of learning activities and 70% or better in online courseware assessments and/or quizzes.
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