Retail Math

profit-variables

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.

profitable-merchandiser

Mathematics for Profitable Merchandising

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

basic-merch-math

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

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

planning-markdowns

Effective Markdown Techniques

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

skeletal profit and loss statement

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 and loss statement

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-merch-plan

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.

woman on laptop Pre-Planning Stage for Development of the Six Month Plan: The Environmental Scan

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.

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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.

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Six-Month Merchandise Plan: Calculation Stage

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