Word: panschar
(lookup in dictionary)
(lookup stats)
Dates: during 1988-1988
Sort By: most recent first
(reverse)
...forced to slash prices relentlessly. One private study indicates that 70% of all department-store sales are generated by price markdowns. Retailers generally like to sell merchandise for 40% more than its wholesale cost, but these days the margin has shrunk below 20% for many items. Says William Panschar, a professor of marketing at Indiana University: "I can't walk into a department store anywhere in the country and not feel that it's sale time all the time...
| 1 |