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Best Sellers Retail and Store Manager Interview Questions and Answers for Experienced
Best Sellers Retail and Store Manager Interview Experiences for Experienced
1 interview found
Anonymous
Selected
I applied via Referral and was interviewed in Oct 2023. There were 3 interview rounds.
(3 Questions)
- Q1. How do you increase business from 20 lakh to 50 lakh.What all is required to increase business
- Ans.
To increase business from 20 lakh to 50 lakh, focus on expanding product offerings, improving marketing strategies, enhancing customer service, and optimizing operations.
Expand product offerings to attract new customers and increase sales revenue.
Improve marketing strategies such as social media campaigns, promotions, and partnerships to reach a wider audience.
Enhance customer service to retain existing customers and a...
- Q2. Understanding of KPI and there implications
- Ans.
KPIs are key performance indicators used to measure the success of a business or individual in achieving their goals.
KPIs are specific, measurable metrics that help track progress towards goals
They are used to evaluate performance and make informed decisions
Examples of KPIs in retail include sales revenue, customer satisfaction, and inventory turnover
Implications of KPIs include identifying areas for improvement, setti...
- Q3. Introduction on past job roles and responsibilities
- Ans.
I have over 5 years of experience in retail management, overseeing store operations, staff training, inventory management, and customer service.
Managed daily store operations including opening and closing procedures
Trained and supervised staff on product knowledge and customer service
Implemented inventory management strategies to optimize stock levels and reduce shrinkage
Handled customer inquiries, complaints, and esca...
(2 Questions)
- Q1. Self Introduction
- Q2. Why you want to leave your previous organisation
Interview Preparation Tips
Interview questions from similar companies
I applied via Referral and was interviewed before Dec 2019. There were 4 interview rounds.
Interview Questionnaire
3 Questions
- Q1. As per experience, No question are were asked in simple manners, because retail life is not at all simple.
- Q2. For answering to any questions, You need to be very cool and calm. Because you will get, if and but. I hope you understand, exactly what I mean to say. But basic rules is being confidence. No matter what ...
- Q3. If ebita is down, what is basic plans, stores conversion is down, IPCm, ATS, DOWN. ---MY ANSWER IS TO GET BASIC RIGHT, REST ALL THE KPI WILL BE FULL FILLED AUTOMATICALLY. Staff to staff marking is very mu...
- Ans.
To address the issue of declining EBITA and store conversion, focus on improving basic operations and key performance indicators (KPIs).
Ensure basic operations are running smoothly
Identify and address any issues affecting store conversion
Improve IPCm (Items Per Customer) and ATS (Average Transaction Size)
Prioritize staff training and development
Motivate and engage the team to enhance performance
Implement strategies to ...
Interview Preparation Tips
I applied via Referral and was interviewed before Jan 2021. There were 2 interview rounds.
(3 Questions)
- Q1. Tell me something about yourself
- Q2. What is the size of your current store
- Ans.
The size of my current store is approximately 10,000 square feet.
The store has a sales floor of 8,000 square feet.
The remaining space is used for storage and office areas.
We carry a wide variety of products, including clothing, electronics, and home goods.
The store is located in a busy shopping center with ample parking.
We typically have 10-15 employees working at any given time.
- Q3. How many people work under you
(2 Questions)
- Q1. Which brand sells better Apple or Samsung in Mobiles
- Ans.
Apple sells better than Samsung in mobiles.
Apple has a loyal customer base and a strong brand image.
Samsung faces tough competition from other Android phone manufacturers.
Apple's iPhone sales consistently outperform Samsung's Galaxy sales.
Apple's premium pricing strategy also contributes to higher sales revenue.
- Q2. Which Size Tv gives maximum revenue
- Ans.
The size of TV that gives maximum revenue depends on the target audience and the store's location.
The size of TV that gives maximum revenue may vary depending on the target audience. For example, a store located in a college town may sell more smaller TVs to students living in dorms.
The store's location can also play a role in determining the size of TV that gives maximum revenue. For example, a store located in a weal...
Interview Preparation Tips
I applied via Approached by Company and was interviewed before Jul 2021. There were 3 interview rounds.
Normally General knowledge
(1 Question)
- Q1. Experience & expectations
Interview Preparation Tips
I applied via AmbitionBox and was interviewed before Aug 2021. There was 1 interview round.
(3 Questions)
- Q1. Why are you searching for higher growth and other factors
- Q2. Better operations and bright future there's are basic & fundamental facts for each every one
- Q3. Why are you going now
Interview Preparation Tips
I applied via Referral and was interviewed before Aug 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. About store P&L, previous company profile, personal information
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Sep 2020. There were 3 interview rounds.
Interview Questionnaire
3 Questions
- Q1. Components of P&L?
- Ans.
P&L stands for Profit and Loss. It consists of revenue, cost of goods sold, gross profit, operating expenses, and net profit.
Revenue: the income generated from sales
Cost of goods sold: the cost of producing or purchasing the products sold
Gross profit: revenue minus cost of goods sold
Operating expenses: expenses incurred in running the business
Net profit: gross profit minus operating expenses
Example: A store's revenue i...
- Q2. How to control the Dump & Shrink?
- Ans.
Dump & Shrink can be controlled by implementing proper inventory management techniques.
Regularly monitor inventory levels and adjust ordering accordingly
Implement a first-in, first-out (FIFO) system to prevent expired products
Train employees on proper inventory handling and storage techniques
Conduct regular inventory audits to identify and address any issues
Analyze sales data to forecast demand and adjust inventory lev
- Q3. SAP knowledge
Interview Preparation Tips
Skills evaluated in this interview
I applied via Company Website and was interviewed in Aug 2021. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. All about KPI
- Q2. Over all Responsibilities
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Oct 2020. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. About P&L ,Dump and Shrinkage?
- Q2. About Retail, Inventory?
Interview Preparation Tips
I applied via Walk-in and was interviewed in Oct 2020. There were 3 interview rounds.
Interview Questionnaire
2 Questions
- Q1. How do you handle a team, They obviously check your confidence and willingness to learn.Why you want to join Retail
- Q2. Our experience and ask questions based on our experience. How do you handle team.
Interview Preparation Tips
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Best Sellers Retail and Store Manager Interview Process for Experienced
based on 1 interview
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