Question: Consider Marshall Fisher s interview on retail operations. Which one of the following is NOT CORRECT? Multiple Choice A $ 2 b retailer is actually
Consider Marshall Fishers interview on retail operations. Which one of the following isNOT CORRECT?
Multiple Choice
A $b retailer is actually a $b retailer. By this statement, he highlights that this retailer has $b excess inventory.
Successful assortment management requires more granular data analysis and detailed decision making. In other words, a retailer manager should consider product specific details eg colorsizefabric when analyzing sales data.
Markdowns as a percentage of sales have gone up significantly in recent years indicating retailers have a lot of leftover inventory at the end of primary selling seasons.
Costs to provide instore sales assistance are well justified, as Instore sales assistance increases the possibility of sales, and help improve revenues significantly.
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