Merchandising/Retail Buying

Retail Buying: From Basics to Fashion, 4th Edition

  • ©2013
  • 560 Pages
  • softcover | 7.375 x 9.25 | includes CD-ROM
  • 978-1-60901-277-9
$104.00
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This comprehensive book provides students with the skills and savvy needed to become a successful buyer in any area of retail. Its simple and straightforward approach presents step-by-step instructions for typical buying tasks, such as identifying and understanding potential customers, creating a six-month merchandising plan, and developing sales forecasts. This new edition contains up-to-date coverage of important retailing trends and technological advances, including social responsibility, sustainability, fast fashion, and the use of new media and social networking. Ample activities — drawn from real-world merchandising and incorporating current trends — give students the opportunity to apply critical skills as they would in a professional environment.
  • Companion CD-ROM, referenced throughout book, that provides additional opportunity for the practical application of concepts using computerized spreadsheets

New to This Edition
  • Fresh, contemporary retailing examples in end-of-chapter "Snapshot" and "Trendwatch" case studies

Instructors Resources
  • Instructor's Guide
  • PowerPoint® Presentation
Understanding the Retail Environment Where Buying Occurs
  • Today's Buying Environment
  • The Buying Function in Retailing
  • Buying for Different Types of Stores

Getting Ready to Make Buying Decisions
  • Obtaining Assistance for Making Buying Decisions
  • Understanding Your Customers
  • Understanding Product Trends: What Customers Buy

Planning and Controlling Merchandise Purchases
  • Forecasting
  • Preparing Buying Plans
  • Developing Assortment Plans
  • Controlling Inventories

Purchasing Merchandise
  • Selecting Vendors and Building Partnerships
  • Making Market Visits and Negotiating with Vendors
  • Locating Sources in Foreign Markets
  • Making the Purchase

Motivating Consumers to Buy
  • Pricing the Merchandise
  • Promoting the Merchandise

Instructors and Students:

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Richard Clodfelter is a Professor in the College of Hospitality, Retail, and Sport Management at the University of South Carolina, Columbia, where he teaches retail buying, internet retailing, and entrepreneurship. Clodfelter holds a Doctorate from Virginia Tech, a Master’s from the University of North Carolina at Greensboro and a Bachelor’s from Appalachian State University. His primary research interests include retail pricing, purchasing on the Internet, and retail technology. His articles and papers have received awards from several retailing and educational associations.

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