More Mega Store Assistant Store Manager Interview Questions and Answers for Experienced

Shrink refers to the loss of inventory in a retail store. There are several types of shrink that can occur.

• Shoplifting: When customers steal merchandise from the store.

• Employee theft: When employees steal merchandise or money from the store.

• Administrative errors: Mistakes in inventory management or paperwork that result in loss.

• Vendor fraud: When vendors or suppliers deceive the store by overcharging or delivering less...read more

Shrink control refers to the measures taken to prevent loss of inventory due to theft, damage, or errors.

• Implementing security measures such as CCTV cameras, security tags, and alarms

• Conducting regular inventory checks and audits

• Training employees on proper handling and storage of merchandise

• Analyzing sales data to identify patterns of theft or loss

• Establishing clear policies and procedures for handling cash and mercha...read more

The portfolio I managed had an average business of $2 million per year.

• The portfolio I managed had a consistent flow of business throughout the year.

• I was responsible for maintaining and growing the portfolio's business.

• I regularly analyzed the portfolio's performance and made adjustments as needed.

• I worked closely with clients to understand their needs and provide solutions.

• Examples of businesses in my portfolio inclu

The process I follow as an Assistant Store Manager involves planning, organizing, leading, and controlling various store operations.

• I start by planning the store's daily, weekly, and monthly activities, including sales targets, inventory management, and staff schedules.

• I organize the store layout and merchandise displays to optimize customer flow and enhance the shopping experience.

• I lead and motivate the store team, p...read more