Final answer:
There are several factors that may have contributed to Todd's Tiaras' increase in same-store sales, such as effective marketing strategies and product improvements. Eliminating discounting can have a positive impact on the business's profitability and brand image.
Step-by-step explanation:
There are several factors that may have contributed to Todd's Tiaras' increase in same-store sales. One possible reason is that the company implemented effective marketing strategies, such as targeted advertising and social media campaigns, to attract more customers. Additionally, Todd's Tiaras may have introduced new and popular products, or improved the quality of their existing products, which enticed customers to make purchases.
Eliminating discounting can also have a positive impact on the business. By removing discounts, Todd's Tiaras may have been able to maintain higher profit margins on their products, leading to increased revenue. It can also create a perception of exclusivity and quality, which can attract a certain segment of customers who are willing to pay full price for premium products.
In conclusion, the increase in same-store sales for Todd's Tiaras could be attributed to effective marketing strategies and product improvements, while the elimination of discounting can have positive effects on the business's profitability and brand image.