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November 21 st
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1. To overcome dollar constraints on their inventory levels, some retailers become involved in: a. Open-to-buy expansion b. Space reduction c. Buying on consignment d. Renting space from vendors e. Reducing retail gravity models
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2. Which of the following would be most likely to have the least amount of breadth? a. Wal-Mart b. Macy’s c. 7-Eleven d. Rite-Aid e. Albertson’s
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3. Vendors who carry outstanding lines but don’t currently sell to you would be classified as ____ vendors a. Class A b. Class B c. Class C d. Class D e. Class E
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4. Which of the following is a Christmas shopping trend this year? a. On-line sales down b. Retail sales down 5% or more c. Merry Christmas is back d. Electronics are passé e. Shoppers are starting later this year
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5. What Holiday are we celebrating this Thursday? a. Christmas b. Festivus c. Kwanza d. Thanksgiving
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