Tag Archives: planning

Better Determining Profit

Do you have a good handle on your profits? Looking for a different perspective? Well, here’s one. The Retailer Owners Institute has produced a resource titled “Retailer’s Profit Finder.”  As ROI notes: “The typical accounting package lists expenses in alphabetical order. … Continue reading

Posted in Part 5: Managing a Retail Business, Part 8: Putting It All Together | Tagged , , , , , | Leave a comment

Fortune’s Top Ten Retail Stories of the Year

Fortune magazine just released its list of the top ten retail stories for 2014. The events on the list are quite diverse. As Phil Wahba reports: “What a year it’s been in the world of retail. Activists took aim at plenty … Continue reading

Posted in Global Retailing, Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 4: Store Location Planning, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Part 8: Putting It All Together | Tagged , , , , , , , , | Leave a comment

P&G: Retailers’ Friend or Foe?

For decades, Procter & Gamble has been recognized as one of the most cooperative and supportive channel partners. It advertises widely, offers frequent coupons and other promotions, and provides in-store support. But now, Andrew Elliot — a vice-president at WD … Continue reading

Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , , , | Leave a comment