Strong, positive cash flow is a must for any thriving retail establishment. The benefits of positive cash flow are numerous.
Browsing: inventory
When a store is able to procure off-price merchandise from a supplier, it can serve to generate several benefits.
Retailers, while not acclaimed fortune tellers, quite often are asked to predict the future. How much inventory must be purchased to meet demand? Will markdowns be…
The formula for open-to-buy (OTB, a financial budget for retail merchandising) planning is not difficult. To start, look at planned sales. Where do they come from?…
Establishing ideal delivery start and completion dates for inventory orders can be just as important as price points.
Retail’s BIG Show floor is buzzing with more than 400 exhibitors about topics and trends changing the industry.
Every merchant should resolve to sell more merchandise more quickly each and every year.
Book and physical inventory should be monitored at the store and classification level. Several things can cause a disparity between these numbers.
If over 30 percent of your inventory stock is old, you have a problem that needs to be addressed now.
Let’s face it: every retail business needs to deal with surplus assets, whether it is excess inventory or customer returns.