Ikea is one of the world’s largest furniture retailers and claims that the design, manufacturing and sales of its merchandise …
Ikea Couches With Added Bling Boost Furniture Startups: Retail
18 Friday Apr 2014
Author Archives: Retailing Management
Deals! Deals! Deals! And what they mean for retailers
16 Wednesday Apr 2014
Posted in Chapter 14: Retail Pricing
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Consumers inherently have a hunger for the best deal. The recent recession and somewhat shaky recovery have only increased consumers’ …
Saks Outlets to Get Sloppier
14 Monday Apr 2014
Saks Fifth Avenue is planning to make its Off 5th outlet stores appeal to the bargain hunters more by looking …
Eight reasons why retail employee turnover is so high
11 Friday Apr 2014
A recent study found that the turnover rate for part-time retail employees is 67% and that it costs companies over $3,000 …
What does it take to motivate today’s chain store associates?
09 Wednesday Apr 2014
By 2025, Millennials will make up three-quarters of the workforce. For many of these employees, cash rewards are not always …
BMW Tosses Salesmen for ‘Geniuses’
07 Monday Apr 2014
BMW is completely changing the car buying experience for its customers. The company is employing fewer sales people, ripping out …
CVS to Stop Selling Cigarettes
03 Thursday Apr 2014
Posted in Chapter 13: Buying Merchandise
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In February, the nation’s second-largest pharmacy chain announced that it would stop selling cigarette and tobacco products in all CVS …
Retailers Ask: Where Did Teenagers Go?
31 Monday Mar 2014
Posted in Chapter 05: Customer Buying Behavior
Many teenage apparel retailers are noticing a decrease in sales as the competition for the teenage customer’s dollar is becoming …
Did JC Penney make a mistake eliminating sales commissions?
29 Saturday Mar 2014
In addition to laying off over 2,000 employees and closing over 30 underperforming stores, JC Penney has also announced that …
Stores Confront New World of Reduced Shopper Traffic
27 Thursday Mar 2014
Customers are shifting away from big-box stores and malls to the comfort of e-commerce and online shopping. Best Buy has …
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