Retail Economics 101: Lessons and Strategies of a Recession
Description
This report discusses some of the causes and consequences of a slow-down in retail spending by consumers and the implications for retail businesses. Topics include changes in consumer behaviors such as consumption smoothing and goods substitution. In addition, the report provides suggestions to retailers for managing inventory, prices, and employment and labor costs during a slowdown. The report presents data and analysis for decision makers, retail business owners, and concerned residents to determine the local impacts of tough economic times and offer solutions and means of adapting.
Link to report
Posted: 12 Dec 2008 2:45 PM