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

Posted in Careers in Retailing, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 5: Managing a Retail Business | Tagged , , , , , | 3 Comments

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 , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , | Leave a comment