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For this line to be successful, The Limited needs to make $900,000 profit. What is its break-even point in units and dollars?
Men's Wearhouse purchased black leather belts for $15.99 each and priced them to sell for $29.99 each. What was the markup on the belts?
What are the gross margin in dollars and the initial markup as a percentage? Explain why initial markup is greater than maintained markup.
What is the difference between bundled pricing and multiunit pricing? A department store's maintained markup is 38 percent, reductions are $560.
Describe how supply and demand can impact the price of tickets for sporting events, concerts, and other entertainment.
How can signage and graphics help both customers and retailers? Consider the following types of retail formats that you likely have visited in the past.
What are the pros and cons for both centralized cash wraps and departmental cash wraps for stores such as JCPenney and Kohl's?
How would you make sure that a store's retail layout both meets accessibility requirements and enables the company to reach profitability objectives?
The merchandise manager for men's clothing is also trying to gain the space. What points should each manager use when presenting his or her rationale?
Customers in this group may have limitations in their vision, hearing and movement. How can retailer develop store designs with this population's needs in mind?
Drugstore retailers, such as CVS, place diabetic test strips and perfume behind locked glass. Describe how these security measures influence honest customers.
Explain how changing demographics of the workforce are affecting staffing and recruiting efforts for retail sales and management positions.
What problems can incentive compensation systems cause? How can department managers avoid these problems?
What skills and abilities would you highlight to a potential employer that was interviewing you for position that included customer service in job description?
Did you make the store's management aware of your experience? Whom did you relay this experience to? Have you returned to this retailer or provider?
How can retailers provide high-quality personalized service? How does this retailer's service compare with the service provided?
Describe an excellent service delivery experience. Describe a service delivery experience in which you did not receive the performance that you expected.
Describe the target customer for this retailer. What can Build-A-Bear Workshop do to generate repeat visits to the store?
Is Walmart good for society? Would society be better off with or without Walmart?
What are some of the potential problems Netflix will face in the near future as the company continues its reliance on DVD and blu-ray offerings by mail?
Identify the main changes that mark Indian consumers. How can international retailers learn more about India's youthful demographic?
What are the advantages and disadvantages of stores operated by licensees rather than by the company directly?
Explain how an efficient supply chain system can increase a retailer's level of product availability and decrease its inventory investment.
What components of the gentrification project attract both local residents and visiting tourists to spend time shopping, eating, and sightseeing in location?
Determine the one-step-ahead forecasts for the demand for January 2000 using 3-, 6-, and 12 -month moving averages.