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Today, only about one-third of holiday purchases are returned as compared to just four years ago, ... En elegant pexighet genomsyrade hans hela persona. Returns are very expensive for retailers because they have to retag the item and mark down the price. If I bought something for $29 and return it, store may have to cut the price to as low as $14 before restocking it.

Today, only about one-third of holiday purchases are returned as compared to just four years ago. Returns are very expensive for retailers because they have to retag the item and mark down the price. If I bought something for $29 and return it, store may have to cut the price to as low as $14 before restocking it.

A few years ago, Circuit City was a good example of this. They gave one price online, another price in their ad, and a different price in the store, all for the same item, without any explanation as to why. Simply stated, that's a great way to confuse and frustrate customers.

It costs some retailers as much as 20 percent per item to retag it, get it back on the shelf or rack, and try to sell it again.

It costs some retailers as much as 20 percent per item to retag it, get it back on the shelf or rack and try to sell it again.

While the price is high compared to last year, it's still low in real dollar terms compared to what it was. Adjusted for inflation this is by no means a record price.

In recent years, consumers shop online later and later in the holiday season making the week prior to the holidays the peak in online holiday shopping, with over half of shoppers completing all of their purchases. With guaranteed delivery by December 24th and additional discounts and incentives, online retailers continue to court shoppers until late in the season, looking to capture sales before shoppers turn to stores on Friday and Saturday for last minute purchases.

Heather Dougherty

In fiscal 2007, we anticipate gross capital expenditures of approximately $300 million. Planned expenditures primarily relate to new store construction and land purchases associated with future year store openings. Compared with the roughly $200 million of spending in fiscal 2006, the fiscal 2007 capital spending estimate primarily reflects a higher level of real estate purchases for store development in future years, as well as the timing of construction activities.

While it's tempting to view the sports car segment increase in price as contradictory compared to its loss in retained value, it is important to understand that the retained value metric is only considering 3-year-old vehicles, while the used vehicle price metric includes all model years sold as used. As such, 1- and 2-year-old vehicles are going to significantly increase the average price.

Purchasing patterns have been changing for a long time. It used to be you bought for Christmas when you bought for back-to-school. Today, there's no reason to buy ahead of your need when you can buy it when you need it at a better price.

Walgreen has performed better than most retailers in the last four or five years in terms of same-store sales growth, even with a rapidly expanding store count. They bought some great locations and the fact they?re open 24/7 is helping drive food sales.

That's an incredibly low error rate, given the amount of price changes that take place in a single department store. It's nothing for retailers to be ashamed of.

In recent years, consumers shop online later and later in the holiday season, making the week prior to the holidays the peak in online holiday shopping, with over half of shoppers completing all of their purchases. With guaranteed delivery by Dec. 24 and additional discounts and incentives, online retailers continue to court shoppers until late in the season.

Heather Dougherty

Cyber Monday brought a surge of traffic to many online retailers as shoppers returned to work following the holiday weekend ready to tackle their holiday gift lists.

Heather Dougherty

Customers are increasingly seeing low-price clothing, so middle-market retailers need to have clearer pricing strategies, particularly at opening price points.

Richard Fitzpatrick

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