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47% Percentage of retail shrinkage that can be attributed to employee theft, according to the 2007 National Retail Security Survey, conducted by the University of Florida. 3.5% Retail sales growth predicted for 2008 by the National Retail Federation. $33,000 Average amount of variance allocation accounts Ace Hardware retailers...
Study finds retail shrink on the rise
BOCA RATON, Fla. -- For the first time in four years the rate of retail shrinkage has increased last year, a new study from researchers at the University of Florida shows. Shrinkage, which the report defines as a combination of employee theft, shoplifting, vendor fraud and administrative error, accounted...
Surveys Find Florida Consumers Have Less to Spend for Christmas.
Byline: University of Florida GAINESVILLE, Fla., Nov. 20 AScribe Newswire -- Despite falling gasoline prices, most Florida consumers don't plan to spend more this Christmas season than they did last year. Results from two surveys by the University of Florida this fall...
Recreational Shoppers Don't Just Browse - They Spend More Than Others.
Byline: University of Florida GAINESVILLE, Fla., Aug. 24 AScribe Newswire -- Leisure shoppers are bullish on buying, says a University of Florida researcher whose study finds these recreational consumers are intensely involved in the sport of bargain hunting and creative purchasing. ...
Consumer confidence down nationally.
By David Sedore, The Palm Beach Post, Fla. Knight Ridder/Tribune Business News Dec. 1--U.S. consumer confidence fell to an eight-month low in November, the fourth straight month consumer sentiment declined, according to a Conference Board report released Tuesday. However,...
Holiday Season Kind to Florida Retailers.
By Paul Owers, The Palm Beach Post, Fla. Knight Ridder/Tribune Business News Feb. 13--The holiday shopping season might have been dismal nationwide, but it wasn't so bad in Florida, a statewide retailing survey shows. Six out of 10 merchants said...
Florida Retailers Struggle with Holiday Season Shoplifting.
By Gregory Richards, The Florida Times-Union, Jacksonville Knight Ridder/Tribune Business News Dec. 19--Goods are flying off retailers' shelves this holiday season. And those are not even the ones being paid for. With stores teeming with shoppers, and sales forces stretched to...
Young consumers tell it `straight'. (International Mass Retail Association: highlights from the 2002 annual convention).
ORLANDO, FL -- At 43 percent of the U.S. population and with $278 billion in spending power annually, Gen Yers and Gert Xers make an attractive target for retailers. A recent survey tracked what these groups want from retailers, and the results were announced at the IMRA...
The survey, conducted by the University of Florida and funded by a grant from ADT Security Services, Inc. (Business News).(retail employee theft)(Brief Article)(Statistical Data Included)
Inventory shrinkage, caused by a combination of employee theft, shoplifting, vendor fraud, and administrative error, cost U.S. retailers $32.3 billion in 2000, according to the National Retail Security Survey. The survey, conducted by the University of Florida and funded by a grant from ADT Security Services,...
Retail Product-Line Pricing Strategy When Costs and Products Change
This paper develops some answers to the following three questions. First, when the cost of specific product components or ingredients change (perhaps, precipitously), how should retailers adapt their prices in the affected product lines. Second, what will be the impact on profit margins, the range of prices in the line...
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