Questions from Retail Management


Q: Assume you are the grocery buyer for canned fruits and vegetables at

Assume you are the grocery buyer for canned fruits and vegetables at a five-store supermarket chain. Del Monte has told you and your boss that it would be responsible for making all inventory decisio...

See Answer

Q: A buyer at Old Navy has received a number of customer complaints

A buyer at Old Navy has received a number of customer complaints that he has been out of stock on some sizes of men’s T-shirts. The buyer subsequently decides to increase this category’s product avail...

See Answer

Q: Variety, assortment, and product availability are the cornerstones of the

Variety, assortment, and product availability are the cornerstones of the merchandise planning process. Provide examples of retailers that have done an outstanding job of positioning their stores bas...

See Answer

Q: The fine jewelry department in a department store has the same GMROI

The fine jewelry department in a department store has the same GMROI as the small appliances department, even though characteristics of the merchandise are quite different. Explain this situation.

See Answer

Q: As the athletic shoe buyer for Dick’s Sporting Goods, how would

As the athletic shoe buyer for Dick’s Sporting Goods, how would you go about forecasting sales for a new Nike running shoe?

See Answer

Q: Using the 80-20 principle, how can a retailer make

Using the 80-20 principle, how can a retailer make certain it has enough inventory of fast-selling merchandise and a minimal amount of slow-selling merchandise?

See Answer