Please answer the following essay question. Please provide paragraph number and page number where answer is retrieved. Answer in detail where appropriate.
Chapter 10 is where you can find the answers and maybe in previous chapters.
Book: The Globalization of the U.S. Apparel Industry:
Making Sweatshops. University of California Press, Rosen, E. I. (2002).
1.In the introductory paragraph, Rosen discusses vertical integration within retailing. What does vertical integration mean and how has it effected retailing since the inception when mom-and-pop- shops were king?
2.Rosen discussion continues about the elimination of quotas, reduction of tariffs, and the opening of new markets that increase volume and lower apparel costs. Why then, does apparel clothing retail at expensive prices to the consumer. Defend your answer.
3. Rosen states that in 1977, there were four (4) major holding companies in retailing (1) Federated Department Stores (2) Allied (3) May and (4) Dayton Hudson. Please find one (1) article that discusses each of the holding companies today. Bring your four (4) articles to class.
4. What has happened to the couture fashion industry? How did private label emerge in the industry? What is the significance of private label to retailers?
5. How did discounting become such an important part of the retailing industry? How has discounting grown since the 1950s? What do you think is the significance of discounting retailers such as those that are in Tanger and Prime Outlet Shopping Centers in San Marcos, Texas?