Retail Math

Mathematics for Profitable Merchandising

Mathematics for Profitable Merchandising (Section 1, Part 1) covers retailing and retail pricing terminology.

Basic Merchandising Mathematics

Basic Merchandising Mathematics (Section 1, Part 2) addresses the basic retail math price components and how they are utilized.

Pricing Decisions

Pricing Decisions (Section 1, Part 3) covers retail pricing, pricing strategies, pricing types, and pricing policies.

Effective Markdown Techniques

Markdown Techniques (Section 1, Part 4) explains how to minimize markdowns and utilize markdowns as an effective merchandising tool.

Mathematics for Manipulating Profit Variables

Mathematics for Manipulating Profit Variables (Section 2, Part 1) covers the profit and loss (P&L) statement and retailing profit terminology.

Skeletal Profit & Loss Statements

Skeletal P&L Statement (Section 2, Part 2) covers net sales, cost of goods sold, gross margin, operating expenses, and net operating profits.

Expanded Profit & Loss Statements

Expanded P&L Statement (Section 2, Pt 3) covers gross sales, reductions, cost of goods sold, maintained markup, gross/contribution margins, and GMROI.

Six-Month Merchandise Plan: Development

Six-Month Merchandise Plan Development (Section 3, Part 1) provides step-by-step procedures, with formulas and info for developing the Six-Month Plan.

Six-Month Merchandise Plan: Environmental Scan

The Environmental Scan (Section 3, Part 2) is the first stage in the six-month merchandise plan. It is the foundation for calculating the plan.

Six-Month Merchandise Plan: Collection of Numerical Data

The Collection of Numerical Data Stage (Section 3, Part 3) is the second stage in developing the six-month merchandise plan.

Six-Month Merchandise Plan: Calculation Stage

The Calculation Stage (Section 3, Part 4) is the third stage for developing the six-month merchandise plan.