Monthly Archives: May 2012

Being a Fashion Buyer

Posted on May 28, 2012 by bermanevansretail

Sahar Kasiri buys knitware for the Evans brand in the UK. As a girl she would pretend to sit on a plane and go on a business trip. She also liked fashion programs on TV, and wondered who the people were who were … Continue reading →

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Benchmark Financial Ratios for 50+ Retail Segments

Posted on May 28, 2012 by bermanevansretail

The Retail Owners Institute site provides key financial performance data for 50+ different retail segments, from hardware stores to bookstores to clothing stores to furniture stores, and more.  The Institute highlights six key ratios: inventory turnover, gross margin, profit, debt-to-worth, current ratio, and return on … Continue reading →

Posted in Part 5: Managing a Retail Business | Tagged , , , , | 2 Comments

McDonald’s: Ever Changing

Posted on May 28, 2012 by bermanevansretail

After a period of lackluster performance, McDonald’s is once again a retailing powerhouse. Part of McDonald’s current strategy involves an initiative known as “Changing. Together.” One of the menu items that McDonald’s has changed is the Happy Meal, which is … Continue reading →

Posted in Part 1: Overview/Planning, Part 7: Communicating with the Customer | Tagged , , , , | Leave a comment