Author Question: The term _____ has dual meanings in the fashion apparel industry. It is often synonymous with ... (Read 107 times)

sam.t96 · **on:** Sep 11, 2018

The term _____ has dual meanings in the fashion apparel industry. It is often synonymous with wholesalers but more specifically, they buy goods from manufacturers and sell them to buyers.

Fill in the blank(s) with correct word

Question 2

Using price information calculated in Question 1, state what actual retail price Christy might suggest for these fall sweaters and blouses and why she would suggest that price.

What will be an ideal response?

shayla · **Reply #1 on:** Sep 11, 2018

Answer to Question 1

Jobber

Answer to Question 2

Since Mrs. Allen's store is a specialty store, a .00 price ending would be appropriate. A .00 price ending is more often associated with higher end merchandise, and since Mrs. Allen's store is a specialty store, she wants to maintain a more exclusive image with her customers.
In order to achieve the desired markup and profit, Christy suggests that the sweaters be priced at 60.00 for Mrs. Allen's store. A 59.00 price would be below the goal and may not be enough for the store to achieve the desired markup. For the blouses, Christy suggests they be priced at