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

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! 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! 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.

Super star! That is correct!

That's right! This notice is filed with your state's unemployment office 60 days before a store shuts down.

Correct! The basket size can refer to either of these two things.

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.

Correct! Brick-and-mortar stores spend a lot of time analyzing and adjusting their visual displays to help maximize traffic and sales.