What is the best strategy to clear out remaining summer merchandise during a seasonal transition?
Business of Retail Ch 3

Flashcard
•
Mathematics
•
10th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Reduce pricing on summer apparel by 60% or more and add incentives for purchasing related items.
2.
FLASHCARD QUESTION
Front
What should a sales associate do if a display is damaged and poses a safety risk?
Back
Check on the shopper to ensure they are unharmed and direct traffic away from the area until it can be cleaned up.
3.
FLASHCARD QUESTION
Front
What is the recommended action for leftover holiday merchandise after the holiday has passed?
Back
Mark down the merchandise.
4.
FLASHCARD QUESTION
Front
How can a shoe store compete with a nearby department store selling sandals at the same price?
Back
Use approved signage that advertises the sandals as the store's 'Everyday low price.'
5.
FLASHCARD QUESTION
Front
What is the purpose of visual merchandising in retail?
Back
Allows customers to make a connection with products.
6.
FLASHCARD QUESTION
Front
What is an end-cap display in retail?
Back
A display located at the end of an aisle, designed to attract customer attention.
7.
FLASHCARD QUESTION
Front
What is the significance of employee incentive plans in retail sales?
Back
They motivate employees to increase sales and improve performance.
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