16 Wednesday Apr 2014
Posted in Chapter 14: Retail Pricing
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Consumers inherently have a hunger for the best deal. The recent recession and somewhat shaky recovery have only increased consumers’ …
14 Monday Apr 2014
Saks Fifth Avenue is planning to make its Off 5th outlet stores appeal to the bargain hunters more by looking …
11 Friday Apr 2014
A recent study found that the turnover rate for part-time retail employees is 67% and that it costs companies over $3,000 …
09 Wednesday Apr 2014
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By 2025, Millennials will make up three-quarters of the workforce. For many of these employees, cash rewards are not always …
07 Monday Apr 2014
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BMW is completely changing the car buying experience for its customers. The company is employing fewer sales people, ripping out …
03 Thursday Apr 2014
Posted in Chapter 13: Buying Merchandise
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In February, the nation’s second-largest pharmacy chain announced that it would stop selling cigarette and tobacco products in all CVS …
31 Monday Mar 2014
Posted in Chapter 05: Customer Buying Behavior
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Many teenage apparel retailers are noticing a decrease in sales as the competition for the teenage customer’s dollar is becoming …
29 Saturday Mar 2014
In addition to laying off over 2,000 employees and closing over 30 underperforming stores, JC Penney has also announced that …
27 Thursday Mar 2014
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Customers are shifting away from big-box stores and malls to the comfort of e-commerce and online shopping. Best Buy has …
25 Tuesday Mar 2014
The term “m-commerce” was coined in 1997 to refer to any transaction from mobile electronic devices. Today, there is a …
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