The retailer can return unsold merchandise. However, it takes title on delivery and is responsible for damages. Merchandise Available for Sale Equals beginning inventory, purchases, and transportation charges. Merchandise Buying and Handling Process Comprised of an integrated and systematic sequence of steps from establishing a buying organization through regular re-evaluation. The area where nondisplayed items are kept in stock or inventory.
Mergers Involve the combination of separately owned retail firms.
Minimum-Price Laws State regulations preventing retailers from selling certain items for less than the cost plus a fixed percentage to cover overhead. These laws restrict predatory pricing and loss leaders. A method of determining the amount of floor space to carry and display a proper merchandise assortment. The planned composition of fashion goods, which reflects the mix of merchandise available based on expected sales. The model stock plan indicates product lines, colors, and size distributions.