Loohoo is a new cute gift shop, featuring home and lifestyle products and seeks to enhance its retail operations by establishing structured processes. The company is looking to streamline its product life cycle, markdown schedule, and marketing strategies for new and staple products. The goal is to create a cohesive plan that integrates product management with marketing efforts, ensuring efficient operations and increased customer engagement. This project will researching best practices and implementing processes, identifying areas for improvement, and developing a comprehensive plan that includes financial scheduling and marketing timelines. The ultimate aim is to transform Loohoo into a thriving retail destination.

- Create retail processes.

- Develop a structured product life cycle and markdown schedule.

- Create a marketing plan for new and staple products.

- Propose financial processes and scheduling improvements.

The project will result in a detailed report outlining the proposed improvements and processes. This will include a structured product life cycle, a markdown schedule, and a marketing plan for both new and staple products. Additionally, a financial process schedule will be provided, along with recommendations for enhancing the overall retail experience at Loohoo.

- Comprehensive report with process improvement recommendations.

- Structured product life cycle and markdown schedule.

- Marketing plan for new and staple products.

- Financial process and scheduling recommendations.