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Secondly – I lived in South America for a little while years ago, and it was a huge eye opener. We really don’t need 6 pairs of black pumps ( + black loafers, black sandals…) After going through a period of about 5 years where I had no clothes budget at all (other than for socks and underwear and to replace dire necessities like my only pair of work pants), I find myself not much interested in shopping as a hobby. I like nice new clothes as much as the next person, but find myself spending less and less on clothes and household decor items. I don’t think I look like a bag lady, and my house is decorated currently. I just tend not to replace items just for the sake of replacing them. I enjoy TJ Maxx, Marshalls, consignment stores, etc, but don’t even frequent them very often. Food for thought, I hope.
From Business: Tuesday Morning Corporation is one of the leading closeout retailers of upscale, decorative home accessories and famous-maker gifts in the United States. The company opened its first store in 1974 and currently operates more than 730 stores in 46 states during periodic sales events. Tuesday Morning is nationally known for …
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Jump up ^ Doherty, N.F.; Ellis‐Chadwick, F.; Hart, C.A. (1999). “Cyber retailing in the UK: the potential of the Internet as a retail channel”. International Journal of Retail & Distribution Management. 27 (1): 22–36. doi:10.1108/09590559910252685.
In fact, some can have almost a flea-market feel, especially during a big sale when hordes of shoppers pick through racks of clothing and toss items willy-nilly.  These discount, or “off-price” retailers as they like to call themselves, usually have huge inventories overall, but may carry only limited quantities or sizes of particular items.  Finding a great bargain in the right size and colour is often hit or miss, but that can be part of the fun: Bargain shopping in the USA is considered almost a sport by some.   
The right price—the one that will extract the most profit from consumers’ wallets—has become the fixation of a large and growing number of quantitative types, many of them economists who have left academia for Silicon Valley. It’s also the preoccupation of Boomerang Commerce, a five-year-old start-up founded by Hariharan, an Amazon alum. He says these sorts of price experiments have become a routine part of finding that right price—and refinding it, because the right price can change by the day or even by the hour. (Amazon says its price changes are not attempts to gather data on customers’ spending habits, but rather to give shoppers the lowest price out there.)
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As Christmas approached in 2015, the price of pumpkin-pie spice went wild. It didn’t soar, as an economics textbook might suggest. Nor did it crash. It just started vibrating between two quantum states. Amazon’s price for a one-ounce jar was either $4.49 or $8.99, depending on when you looked. Nearly a year later, as Thanksgiving 2016 approached, the price again began whipsawing between two different points, this time $3.36 and $4.69.
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The Jewel data overturned a lot of what he’d been teaching. For instance, he’d professed that ending prices with .99 or .98, instead of just rounding up to the next dollar, did not boost sales. The practice was merely an artifact, the existing literature said, of an age when owners wanted to force cashiers to open the register to make change, in order to prevent them from pocketing the money from a sale. “It turned out,” Nagle recollects, “that ending prices in .99 wasn’t big for cars and other big-ticket items where you pay a lot of attention. But in the grocery store, the effect was huge!”
The complexity of retail pricing today has driven at least http://www.k5thehometeam.com/story/37622080/news of Boomerang’s clients into game theory—a branch of mathematics that, it’s safe to say, has seldom found practical use in shopping aisles. Hariharan says, with a smile: “It lets you say, ‘What is the dominant competitor’s reaction to me? And if I know the reaction to me, what is my first, best move?’ Which is the Nash equilibrium.” Yes, that’s John Nash, the eponymous Beautiful Mind, whose brilliant contributions to mathematics now extend to the setting of mop prices.
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“I don’t expect outlets to tell me their clothing is made with inferior materials. That’s obviously bad for them,” says Phil Popowitz, a 25-year-old real estate agent who shops at department store outlets for work shirts made by brands like Ralph Lauren, Calvin Klein, and Nautica. “Obviously, this is a ‘pay for what you get’ situation, and it won’t stop me from shopping there. There’s no other option for me because I wouldn’t go to regular department stores and spend tons of money, and these outlet stores have better variety and design than shopping at Target!”
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Drop shipping: The order is passed to the manufacturer or third-party distributor, who then ships the item directly to the consumer, bypassing the retailer’s physical location to save time, money, and space.
Subsequently, risk and trust would also are two important factors affecting people’s’ behavior in digital environments. Customer consider to switch between e-channels, because they are mainly influence by the comparison with offline shopping, involving growth of security, financial and performance-risks In other words, a customer shopping online that they may receive more risk than people shopping in stores. There are three factors may influence people to do the buying decision, firstly, people cannot examine whether the product satisfy their needs and wants before they receive it. Secondly, customer may concern at after-sale services. Finally, customer may afraid that they cannot fully understand the language used in e-sales. Based on those factors customer perceive risk may as a significantly reason influence the online purchasing behaviour.[16]
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