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    The World of Retail

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    The World of Retail As a consumer, I have often wondered how stores keep everything neat, while other consumers always seem to dirty everything in the store. There are many attributes to a store that customers do not understand. It wasn't until I started working in the retailing community that I realized how much work is involved and the process by which everything is done. Charlotte Russe is a women's clothing store, located next to Victoria's Secret and across from American Outpost between

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    Retail and the Media

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    Retail and the Media Today's media focuses more on a corporations mistakes and less on what the companies give back to the community, making it impossible for the public to see the truth. In every large corporation, there is going to be a fair share of so called ‘scandals’. Unfortunately, the media preys on these scandals to bring us, the public, juicy gossip to get through the day. In my opinion, most of the scandals brought to the public’s attention have no bearing on the products and services

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    Retail Inventory

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    Retail Inventory-Level Planning consists of retail inventory method (RIM) which is an accounting procedure whose objectives are to maintain a perpetual. It also can book inventory in retail dollars amounts and to maintain records that make it possible to determine the cost value of the inventory at any time without taking a physical inventory. Also known as book inventory system or perpetual book inventory. Retailers also have another important choice to make the stock to sales ratio. The stock to

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    retail image study

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    SUMMARY OF RETAIL CONCEPT AND BRAND PERSONALITY In a contemporary market place, retail branding is considered paramount in the retailing industry to influence customer perceptions and drive store choice and loyalty. Ailawadi (2004). Digital Marketing Group (2004) defines effective branding as the proprietary visual, emotional, rational, and cultural image associated with a company or a product. The purpose of having people remember the brand name and have positive associations with that brand is

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    Investigating Theft in Retail Organizations

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    Investigating Theft in Retail Organizations In an industry where a 1% change in gross margin can mean millions of dollars, retailers have begun focusing greater energy on mitigating losses caused by employee theft. Employee theft has become a problem of increasing significance for retail organizations over the past few decades. In 2004, the European Theft Barometer report showed an increasing prevalence of employee theft in retail organizations, up 1% from 2003 (Technology Tackles Employee Theft

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    order to analyze an industry, it is important to determine where it is in the industry lifecycle. During the 1970’s and 1980’s the retail grocery industry was expanding at a phenomenal rate. Throughout this boom period, the number of large grocery stores was rising and forcing the existing” Mom and Pop” grocery stores out of the industry. In the early 1990’s, the retail grocery industry began leaving the growth stage and entered the maturity stage in the industry lifecycle. This was caused by increased

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    Thomas, Ryan, “The Right Mix: Brands versus Private Labels,” Apparel, Feb’04, p. 30-33 Overview of Article Department stores that may want to develop or expand private labels to replace lagging national brands should be aware of the downfalls as well as the benefits. Private labels increase margins from 6-10% higher than national brands. They also allow for fashion garments to be reproduced the following season if they are still in demand. However, department stores risk opposition from national

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    Retail Merchandising

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    Retail Merchandising Retail merchandising is a management system of strategic planning and tactical control, directed toward the financial enhancement of an inventory and the profitable distribution of that inventory to the retail consumer. Merchandising enables retailers to make the best use of space and layout. It creates part of the communication process with consumers and focuses on layout, design, traffic flow and display advantage points. It links in with the overall development of

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    of this paper is to describe and analyze the retail drugstore industry and then focus on Walgreens, the industry leader in terms of sales. As part of the in-depth analysis of Walgreens, its major competitors will also be described and analyzed. The retail drugstore industry consists of all those stores that contain a pharmacy and sell prescription drugs. It also includes businesses that sell prescription drugs online and through the mail. Most retail drugstores also offer other consumer goods and

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    Monopolistic Competition in the Retail Industry Defining the Market The retail industry is comprised of thousands of different brands and companies. However each is defined by its quality of make and materials used. Abercrombie & Fitch, Timberland, and Guess are all well-known and respected brand names. However if prices were to exceed what people are willing to pay, then the consumers would alter their preferences and buy from another brand. Therefore we are dealing with a monopolistic competition

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