Explain the merchandise planning process

Reference no: EM131512134

Question: 1. Variety, assortment, and product availability are the cornerstones of the merchandise planning process. Provide examples of retailers that have done an outstanding job of positioning their stores on the basis of one or more of these issues.

2. The fine jewelry department in a department store has the same GMROI as the small appliances department, even though characteristics of the merchandise are quite different. Explain this situation.

Reference no: EM131512134

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