Tag Archives: benchmarking

A Great Source of Recent Sales Data by Retail Category

Looking to track month-to-month changes in retail sales by retail category? Then, take a look at the Retail Owners Institute Web site. The Retail Owners Institute Web site offers free data (in chart form) on the most recent six month … Continue reading

Posted in Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing | Tagged , , , , , , , , | 4 Comments

Benchmarking: It’s Essential to Compare Performance by Store Category

As we noted in May, the Retail Owners Institute provides a number of measures of financial peformance for 55 different sectors of retailing. Here is why this topic is so important: “How can these benchmark numbers be used? First, for perspective.  … Continue reading

Posted in Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 8: Putting It All Together | Tagged , , , , , , | Leave a comment