Financial Issues in Retailing and Budgeting

This section contains manuscripts examining topics involving financial issues in retailing and budgeting

Dickinson, Roger, Mike Gable, Anthony Herbst and Beth Mariotz, “Risk in Retail Decision Making” ,ACRA, Winter 1985.A critical examination of the problems associated with the financial definition of risk as a basis for management decision making, particularly in a retail setting.

Dickinson, Roger and Anthony Herbst , “Capital Budgeting for Marketers-A Comment”.This paper discusses the problems of various financial capital budgeting models used for marketing decisions. It also suggests possible alternatives.

Eastlick, Maryann, Richard Feinberg and Richard Widdows, “Understanding Retail Markets Through the Shift Approach”,ACRA, Spring 1988 .The authors compare relative gains or losses in individual market areas to those experienced in the total market as a measure of economic change.

Eastlick, Mary Ann, Richard A. Feinberg and Richard Widdows, “Retail Sales: More Basic Than People Think” ,ACRA, Winter 1988 .A study showing the stability of retailing within the various states. Individual states are not prominent in the total retail world. Data included is total annual retail sales, total annual value added by manufacture, and annual population estimates for each state.

Gifford, John and James M. Stearns, “Perceived Importance of Financial Rations as Indicators of Corporate Health and Vitality in the Retail Field” ,ACRA, Spring 1985. A study of which financial ratios are perceived as being meaningful measures of corporate health by both practitioners and academics. One hundred thirty-six ratios were initially considered and ultimately reduced to thirty-two. These ratios were ranked by practitioners in department stores, specialty stores, and retail academicians. There was general agreement between the three groups but specialty store representatives tended to rank operating expenses higher while the department stores placed more emphasis on financial ratios.

McGurr, Paul T. “A Comparison of Financial Ratios Between Small and Large Retail Firms”.The purpose of this article is to report a study that compares financial ratios between large and small retail firms. The study will test the hypothesis that there is no difference in the mean ratios between large and small retail firms. If the hypothesis can't be supported, the results of the study will indicate that financial ratios are no linear in relation to size in the retail industry.