Category Archives: Part 5: Managing a Retail Business

This sub-category encompasses retail organizational structures, human resource management, financial operations management, and operational operations management.

Fresh & Easy: Appreciating Part-Time Employees

Posted on May 28, 2012 by bermanevansretail

Fresh & Easy customer assistants do a lot, from cash management to product layout and customer service: “We’re different from other retailers because we care about our employees as well as our customers and community!” See how through this video.

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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 →

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Macy’s to Ship Online Orders from Stores

Posted on May 28, 2012 by bermanevansretail

According to the Wall Street Journal, Macy’s intends to utilize more than one-third of its stores as online-sales fulfillment centers. By shipping from sales locations, Macy’s hopes to better balance its warehouse inventory with sales-floor inventory and take on challenges posed by … Continue reading →

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