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The Internet is playing an important promotional role for retailers.
The closure of more than 300,000 retail stores between 2008 and 2009 as a result of
bankruptcy provided a new retail growth format: recycled merchandise retailers.
A low-margin, low-turnover retailer will generally not be able to generate sufficient
profits to remain competitive and survive.
Net worth, often called owner's equity, is the difference between total assets and total
liabilities.
What are the four basic components of retail promotion? How are they related to the
other elements of the retail mix?
Compare and contrast the customer-centric view of retailing and the traditional or
firm-centric view.
The decreasing number of immigrants is having a profound effect on the way retailers
operate.
