The density of supply refers to the extent which retailers are concentrated in different
areas of the market under question.
Common services provided by retailers, such as alterations, free delivery, bridal
registries, check cashing, credit, short check-out lines, and gift wrapping, are not
actually the merchandise or service offered for sale.
The last step in the retail method of inventory valuation is to convert adjusted retail
book inventory to cost.
As a rule, larger retailers have higher operating costs per dollar of sales than do smaller
firms.
If a retailer has a financial leverage rate of 2.3 and an asset turnover of 2, then its
RONW is 4.6 percent.
The early exit of many e-tailers was the result of the Internet being overstored given the
demand at the time, as well as many e-tailers’ inability to control back-office costs.
What factors should a retailer consider when deciding whether to price above the
market, price at market levels, or price below the market?
Identify the components of geographic information systems (GIS) and discuss its uses
in retailing.
Retailing in other countries exhibits greater diversity in its structure than retailing in the
United States.