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Tag Archives: costs
Retailers and the Minimum Wage
There has been a lot of discussion and debate recently about the impact of a raise in the federal minimum wage (to perhaps as much as $10.10 per hour, compared to the current $7.25) on retailers — both large and … Continue reading
Why Is Airline Pricing SOOOO Different?
As we know, in recent years, the airlines have made an already complicated pricing system even more complex. Their pricing model is quite different from other retailers. Consider this observation from an article by Scott McCartney for the Wall Street Journal: … Continue reading
Posted in Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Video Clips (non-career)
Tagged airline, competition, costs, customer expectations, dynamic pricing, inventory management, location, merchandising, pricing, retail analytics, video
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Restaurant Logistics: Striving to Serve the Perfect Meal
Restaurant logistics are a key to these retailers’ success. Poor logistics means ingredient shortages, stale food, higher costs, and more. So, restaurants really need to get their logistics and supply chain management right. As Joseph O’Reilly reports for Inbound Logistics: “In many … Continue reading
Posted in Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 8: Putting It All Together, Technology in Retailing
Tagged costs, customer expectations, logistics, merchandising, opportunity, planning, restaurants, retail analytics, supply chain, tips, trends
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