• ISBN13: 9781501356704
• Binding: Paperback
• Subject: Fashion & Textile
• Publisher: Fairchild
• Publisher Imprint: Fairchild
• Publication Date: March 11, 2020
• Pages: 388
• Original Price: 90.0 GBP
• Language: English
• Edition: N/A
• Item Weight: 1160 grams

Mathematics for Retail Buying, Ninth Edition, introduces merchandising and retailing students to the most important concepts in retail math through step-by-step examples with practice problems and solutions. Coverage begins with the skeletal profit and loss statement, and moves through retail pricing and repricing of merchandise, markups, markdowns, the retail method of inventory, six-month, and assortment planning. This new edition introduces a practical approach that incorporates actual retail scenarios and concepts that are relevant to the fashion industry today. There is also a focus on mathematical factors that affects the gross margin and profitability, key to the success of any merchandise buyer or planner. New to this Edition · Updated mathematical practice problems with selected answers in the back of the book for review · Updated case studies reflect realistic and practical merchandising situations · Thoroughly updated and revised text to reflect most common practices in the field Mathematics for Retail Buying STUDIO -Study smarter with self-quizzes featuring scored results and personalized study tips -Review concepts with flashcards of terms and definitions and key formulas -Practice your skills by computing Practice Problems from the text, available digitally with formulas embedded in the Excel spreadsheets -Enhance your knowledge with additional real-world case studies and activities for each chapter

Marla Greene is an Associate Professor of Fashion Merchandising at LIM College, NYC, USA, teaching courses in Merchandise Planning and Control, Buying and Merchandise Math and Advanced Buying and Planning. She spent 27 years in the retail industry working as a Merchandise Manager/Buyer for Liz Claiborne Outlets, Belk Stores, Ross Stores and Kids R Us. She coordinates the Retail curriculum at LIM College for all faculty, serves as the faculty advisor for the National Retail Federation Student Association (NRFSA) and as co-mentor for the Fashion Scholarship Fund (FSF) student case study competition.

Bette Tepper is a founding faculty member of the Fashion Management Department at the Fashion Institute of Technology (FIT) where she taught for more than 30 years, and served as Assistant Chairperson of Marketing Fashion and Related Industries Department. Prior to FIT, Tepper taught retail buying at the Laboratory Institute of Merchandising (now LIM College). She is a former fashion apparel buyer for Bloomingdale's and continually conducted seminars for major fashion apparel manufacturers showing their relevancy to the retailer's basic math fundamentals. Tepper was the primary contributor to a U.S. government grant to FIT and coauthored a specialized instruction pamphlet issued by the U.S. Office of Education designed to develop or enhance for Distributive Education competencies associated with the marketing of apparel, with special emphasis given to fashion buying. In retirement as an Associate Professor, she continued to teach math courses.