Retail News

D asked:


what are the different stages of a shopping mall development, from planning, designing, to construction to managing?

quest1 asked:


How profitable is the webdesigner business? can you refer to any sources of financial data?

Einstein asked:


It doesn’t make sense. Walmart sells stuff at retail price, so how can they have low prices? All the other stores have the same price as Walmarts merchandise. Is the “Always Low Prices” slogan a psycholigical ploy?

Askepios asked:


I know ive heard alot bad talk on the news right now about the housing industry and how bad things are right now in real estate and how countrywide just took 11billion dollars out in loans. But yet they just built this huge new shiny building in my town and are hiring HEAVILY in my area.

They are hiring so heavily they are hiring me with just 4 years of retail experience and the requirments for this position required a bachelors degree in finance or economics and 3-5 years of real estate experience.

They are offering me 2000/month base salary and commission ontop of that. Which they tell me some of the guys there have easily made over 10,000 a month with hard work and dedication.

How can I say no to a job like this? And if the company goes into bankruptcy what will happen to someone at my position? The company just doesnt shut down does it? I need your advices on this please! And if anyone out there has experience as a loan officer with countrywide let me know your advice!

erick c asked:


I was at Bestbuy earlier today as I frequent the store quite a bit. I noticed that they had Nintendo Wii’s in stock. Knowing how hard they are to find (I’ve tried for over a year now & am always told they’re soldout at stores - And I’m afraid to purchase a high priced item online especially at inflated prices), I went home, consulted the wife about getting the kids what they originally wanted (but was unable to get for the holidays), and called up some out of town family members that were in the same boat as me. After getting a total of six orders (3 for local and 3 for out of state) I called Bestbuy to ask if they were still in stock and if they had any limits per customer. They still had them in stock & said I could purchase what I needed.
Okay I go pickup my cousin & proceed to drive down to Bestbuy where there’s around 20 of these things up for grabs. Not being in a rush, I go see what games they have as well as looking for an additional controller.
13 hours ago

By the time we get back to the Wii’s (about 10 minutes later) there’s 5 left. I snatch’em up feeling bad about having missed the sixth. As I go to pay, the cashier tells me that I can only purchase ONE Wii. I explain to her that I called & was told otherwise (didn’t get the girl’s name, because I didn’t think I’d be lied to) & she said too bad, but only one per person. I ask to speak to the manager who proceeds to tell me the same thing. Alright, so I call my cousin over who was looking at an “open box” display & tell him that he has to personally pay for his, (I never mind paying for my relatives items, because I have a rewards card that gives me cash back & plus they always reimburse me for any purchases, so no worries there)and that everyone else is out of luck, because it’s “ONLYONE PER PERSON”. The night manager than comes over & “changes his policy” to “ONE PER HOUSEHOLD”.
13 hours ago

That’s fine I said, I just need one (which I purchased) & my cousin (who was about to purchase his and doesn’t live with me - we had id’s to prove it) just needs one. So he changes “his policy” again and says ” ONE PER GROUP”!?! I ask him how many more times is he going to change his policy? So let me get this straight, if four friends walk in to buy a Wii, & there’s 20 of them available, they’re out of luck & can only buy one??? I was in the store earlier with a co-worker, we could’ve easily purchased two then and return to purchase more. So this jerk proceeds to tell me that he wouldn’t have sold me any more if I had done that (yeah, like he would’ve remembered everyone who bought a Wii that day). He then tells me (in a loud, rude and condescending tone), “And if you don’t like it I won’t sell you yours”. I told him too late, because I already bought mine.
13 hours ago

End of story (finally right?) …..I could’ve saved myself gas & this trip if I had just bought this earlier when I was there, not wasted my time on the phone to my family who I now had to call back each one & apologize to for getting them excited & giving them false expectations. Having to deal with a real jerk which made me feel discriminated against (I bet other people who saw what happened were able to purchase one, go to their car and return for another, or just have someone else in their group purchase one & no one would be the wiser). And now Bestbuy/Nintendo lost the sale of 5 Wii’s (which I’m sure someone else would’ve purchased anyway), but most importantly, as far as “customer service” is concerned, they have now officially lost a customer for life (I shopped there ALOT). Their competitors will now have my & my company’s business.

Sorry this is so long, but people weren’t understanding the single question.
13 hours ago

PS. This item wasn’t listed in an ad (hence no limit notification) and there was no sign stating “limit” anywhere in the store, which is why I called the store before heading down there again. Thanks to all who asked & took the time to read this.
13 hours ago

Whew, okay as far as tickiting them out, they weren’t. It was another questioned I had asked before I took the trip back. I remembered reading a news article about a retail chain that promised Wii’s in January to people who got on a waiting list in December. Circuit city,walmart,target,gamestop,& another game store didn’t have them - so no I never mentioned such a thing, but for arguments sake, why would a store refuse the sale of even ONE item if they thought your intention was to resell it higher? Just like I **** scalpers at concerts, but I also understand they were willing to wait in line to get those tickets. Point is there’s a sale and whether I choose to keep it, sell it, give it away, or throw it away is perogotive which I earned by purchasing it. Are we going to stop selling certain records or books, because the seller thinks they MAY be burned in a protest? Last time I checked this was America and, well, I’m not even going there……thanks again to everyone for their int

Alan F asked:


I heard nothing about Commerce Bank. I was wondering has the sumprime affected them? What type of bank is commerce bank, a retail bank? What rank are they relative to other banks? I never hear about Commerce Bank in the news, but I see it popping up slowly, spending ton of $ on their aesthetic blue looks, giving out free stuffs (pens), and having ton of employees, etc? How are they making $?

curvy_chick000 asked:


whats going on here? watchin the buisness news….ok yeah nothin else on. but the retail stores keep saying that they did badly this “black friday” and have done badly for the year..etc, bbbuuut the stock market reports realy good sales for retailers. are those big companies lieing (to the public)about how much they are realy making????? why ? what are they hiding?