Questions from Retail Management

Q: Which method of promotional budgeting should a small retailer use? A

Which method of promotional budgeting should a small retailer use? A large retailer? Why?

Q: Distinguish between horizontal and vertical retail audits. Develop a vertical audit

Distinguish between horizontal and vertical retail audits. Develop a vertical audit form for an auto repair retailer.

Q: The sales of a full-line discount store are listed.

The sales of a full-line discount store are listed. Calculate the monthly sales indexes. What do they mean?

Q: If the planned average monthly stock for the discount store in question

If the planned average monthly stock for the discount store in question 10 is $420,000 (at retail), how much inventory should be planned for August if the retailer uses the percentage variation method...

Q: The store in question 10 and 11 knows its cost complement for

The store in question 10 and 11 knows its cost complement for all merchandise purchased last year was 0.61; it projects this to remain constant. It expects to begin and end December with inventory val...

Q: 9. A toy store has average monthly sales of $80

9. A toy store has average monthly sales of $80,000. Its sales for December were $120,000. What is the monthly sales index for December? a. 153 b. 67 c. 150 d. 400 10. If the October monthly sales i...

Q: 17. A health food retailer has $120,000 in

17. A health food retailer has $120,000 in monthly operating expenses and planned monthly sales of $400,000. Reductions are planned to be $10,000. A profit goal of $40,000 is established. What is the...

Q: What information should a department store gather before adding a new jewelry

What information should a department store gather before adding a new jewelry brand to its product mix?

Q: What are the pros and cons of a retailer’s relying too much

What are the pros and cons of a retailer’s relying too much on a want book?

Q: Cite the advantages and disadvantages associated with these merchandise sources for your

Cite the advantages and disadvantages associated with these merchandise sources for your regular ice-cream store. How would your answers differ for a global shoe chain? a. Company-owned. b. Outside, r...