Moving Along a Store Operations Career Ladder

Posted on May 28, 2012 by bermanevansretail
Regional Sales Manager Pina Pileggi worked part-time in a clothing store while she was in school and worked her way up the retail ladder, from part-time Sales Associate, to full-time Sales Associate, to Store Manager, to District Manager, and now Regional Manager at Reitman’s in Canada.
See her story.
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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 watching the catwalks. A career adviser told her that people actually do travel round the world buying clothes for shops. “As a girl, it was just the most fascinating thing ever.”
As this video shows, she still feels that way.
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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 assets. For these ratios, five-year trends are shown for independent retailers. 
Click the image below and select a retail category to begin.

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