Correct! Retailers typically think of their prices and merchandise in terms of “good, better and best.” Good is the cheapest and most basic product; best is the most expensive and elaborate.

Correct! Same-store or comparable-store sales measure the amount of sales that month only at stores that have been open for at least a year.

Correct! It's never too early to start thinking about your holiday coverage!

That's right! Holiday stories should be about what's interesting. While that may be about what is new and different this year, sometimes readers also want to read about something familiar they find interesting, such as the confectioner's process of making chocolates for Valentine's Day.

Correct! When you cover the retail beat, you cover a lot more than going to the mall.

Correct! Although you are welcome to directly message a brand on social media, it isn't listed as one of the best ways to make connections with your local retail scene.

You got it! This group was a significant player in the national health-care debate in 2012-14 and has also weighed in on online sales tax collection.

Correct! Although this is not true of all companies, this is a good timeline for when you can expect new reports from many major retailers.

Correct! These are products that have been in stock for a long time, often due to seasonality or trends. No retailer wants to have dead stock or inventory.

That's right! A store is still private property even though the business is open to the public. You should get permission from a manager before filming or taking photos inside a store.