Basket Purchase

Basket Purchase

The purchase of a large number of assets, as opposed to a single asset. For example, a company may buy 1,000 widgets instead of one widget at a time. Retailers commonly make basket purchases to manage their inventory. A basket purchase is also called a lump-sum purchase.
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"When we can tie a highly consumable product to a higher-ring, higher-margin product and increase that basket purchase, the retailer wins." Lakeland, Fla.-based Publix, he adds, takes a highly promotional approach to sponges, frequently running promotions that tie product to dishwashing liquids.
When a taxpayer acquires in a "basket purchase" a building and a structure that is not a building, the services of an appraiser should be procured in order to determine the fair market value of each depreciable asset acquired.
An increase in advertising would have introduced an additional variable, not considered in the analysis, making it impossible to attribute the larger basket purchase to the contest alone.
And if a basket purchase pushes prices upward, the buyer will have to pay more.
The NACDS study indicated that the average drug store nonpharmacy market basket purchase totals $19.38.
Holland, Valdosta State University Table 1: Average Basket Purchase per Customer Contest prize $0 $25 $100 (n=44) (n=49) (n=64) Mean $10.29 $10.48 $11.65 Std.
"Off-shelf clip strips or TPRs [temporary price reductions] that help drive point-of-purchase awareness generate visibility and market basket purchases for the retailer are important," she says.
But Tokyo shares gained steam following buying in index futures by public pension funds and basket purchases through brokerages, such as Deutsche Securities and BNP Paribas Securities, a U.S.
"The shopping behavior for this product combined with our TV advertising make Krazy Glue off-shelf promotions a successful way to increase basket purchases outside of the back-to-school season.
The market was also bolstered by basket purchases through such securities firms as BNP Paribas Securities and Deutsche Securities, a U.S.
"Now that we know what items drive market basket purchases we have a new set of metrics for success."