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Territorial restrictions may be a violation of the Sherman Antitrust Act.
A retailer selling a seasonal item would want to be 75 percent sold out at the planned
out-of-stock date.
Horizontal price fixing violates Section 1 of the Clayton Act.
Without spending money on promotion, a retailer will never make any sales.
A good mission statement states how the retailer intends to use its resources, how it
expects to relate to the ever-changing environment, and how it expresses the values it
intends to offer the consumer.
Geek Squad's 24-hour in-home customer support is an example of a transaction service.
A recent study indicated that approximately half of department store shoppers who did
not purchase an item, never had contact with salespeople.
The space productivity index compares the operating cost of a particular category to its
space utilized.
Discuss the concepts of over- and understoring and describe their relationship to the
Index of Retail Saturation (IRS).
