The selection of department store packers and wrappers with the aid of certain psychological tests: Study II.

1941 ◽  
Vol 25 (3) ◽  
pp. 291-299 ◽  
Author(s):  
Milton L. Blum ◽  
Beatrice Candee
Keyword(s):  
Department Store ◽  
Psychological Tests ◽  
Selection Of

Kaffee Kostuum: A Dilemma in Retail Financials

2020 ◽  
pp. 1-4
Author(s):  
Robert N. Boute ◽  
Jan A. Van Mieghem
Keyword(s):  
Department Store ◽  
Bank Loan ◽  
Production Unit ◽  
Value Proposition ◽  
Business Angels ◽  
Capstone Project ◽  
Unlimited Variety ◽  
Selection Of ◽  
Seed Money

John Dong, the founder and CEO of Kaffee Kostuum developed the idea of Kaffee Kostuum in his own MBA capstone project five years ago. Shortly after graduation, he received seed money from business angels, as well as a favorable bank loan. His value proposition was clear from the beginning: “Be a provider of an unlimited variety of affordable suits, directly available from stock.” The idea sprang from his frustration with two less-than-ideal circumstances: He either had to wait four weeks to get a pricey tailor-made suit or purchase from among the limited selection of affordable suits in his local department store. To keep his company's prices down, Dong worked with a production unit in Vietnam.

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