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The development sites instead housed shops of B&Q. In August 2001, B&Q opened its first shop in Shanghai, when it hoped to increase outlets from four to 58 by 2005. [17] [18] B&Q opened its first shop in Hong Kong on 1 June 2007, [19] but was scheduled to close it on 13 September 2009. [20]
In addition to slotting fees, retailers may also charge promotional, advertising and stocking fees. According to a Federal Trade Commission study, the practice is "widespread" in the supermarket industry. [6] Many grocers earn more profit from agreeing to carry a manufacturer's product than they do from actually selling the product to retail ...
This deal eventually made Focus Group the UK's second largest home improvement retailer, behind B&Q. [9] 36 Focus stores were rebranded to Focus DIY, growing Wickes from 131 stores in October 2000 to 172 in March 2004. [10] In December 2004, Focus Group sold Wickes to Travis Perkins. [11] The sale was completed in February 2005. [12]
In inventory management, Economic Batch Quantity (EBQ), also known as Optimum Batch Quantity (OBQ) is a measure used to determine the quantity of units that can be produced at the minimum average costs in a given batch or product run.
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Image credits: Omniball3000 #12. A woman working in a supermarket I ran was stealing bottles of cola from the shelf and then stealing bottles of vodka, mixing it under the checkout and necking it.