Mathematics for Retail Buying, 9th Edition, introduces merchandising and retailing students to the most important concepts in retail math through step-by-step examples with practice problems and solutions. Coverage begins with the skeletal profit and loss statement, and moves through retail pricing and repricing of merchandise, markups, markdowns, the retail method of inventory, six-month, and assortment planning. This extensively updated edition introduces a practical approach that incorporates actual retail scenarios and concepts that are relevant to the fashion industry today. The book focuses on mathematical factor that affects the gross margin and profitability key to the success of any merchandise buyer or planner. This book integrates current retail business metrics and a focus on the six-month planning process, including an assortment planning section with examples.
New to This Edition:
-Updated mathematical practice problems with selected answers in the back of the book for review
-Updated case studies to reflect retail buying as can be found in the industry
-Thoroughly updated and revised text to reflect most common practices in the field
Features
- All applicable concept problems are expressed in spreadsheet as well as traditional arithmetic format
- Select Answers at the end of the book helps students check their understanding as they complete Practice Problems
- Key Concept Formulas at the beginning of each chapter and a complete Glossary of Concept Formulas at the end of the book provide easy reference
Auflage
Sprache
Verlagsort
Verlagsgruppe
Bloomsbury Publishing PLC
Zielgruppe
Für höhere Schule und Studium
Gewicht
ISBN-13
978-1-5013-5669-8 (9781501356698)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Klassifikation
Marla Greene is an Associate Professor of Fashion Merchandising and Marketing at LIM College, NYC, USA teaching retailing, buying and planning courses. She has spent 27 years in the retail industry working as a Merchandise Manager/Buyer for Liz Claiborne Outlets, Belk stores, Ross stores and Kids "R" Us. She has taught for 15 years at LIM College coordinating the retail curriculum for all faculty and serves as the faculty advisor for the National Retail Federation Student Association (NRFSA) and as co-mentor for the Fashion Scholarship Fund (FSF) student case study competition. Bette Tepper is a founding faculty member of the Fashion Management Department at the Fashion Institute of Technology (FIT) where she taught for more than 30 years, and served as Assistant Chairperson of Marketing Fashion and Related Industries Department. Prior to FIT, Tepper taught retail buying at the Laboratory Institute of Merchandising (now LIM College). She is a former fashion apparel buyer for Bloomingdale's and continually conducted seminars for major fashion apparel manufacturers showing their relevancy to the retailer's basic math fundamentals. Tepper was the primary contributor to a U.S. government grant to FIT and coauthored a specialized instruction pamphlet issued by the U.S. Office of Education designed to develop or enhance for Distributive Education competencies associated with the marketing of apparel, with special emphasis given to fashion buying. In retirement as an Associate Professor, she continued to teach math courses.
Autor*in
LIM College, USA
Formerly of the Fashion Institute of Technology-New York, USA
