Tag Archives: Retail Owners Institute

Free Data from the Retail Owners Institute

The Retail Owners Institute provides a lot of free and inexpensive data through its Web site. While the data are valuable to retailers of any size, the site is very good for small retailers because of the pricing: “The ROI … Continue reading

Posted in Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , , , , , , | 5 Comments

Retail Finance Quiz: How Would You Do?

Check out these two financial management quizzes from the Retail Owners Institute. Test yourself. πŸ™‚ : The ROI’s Quick Quiz for Retailers: The Income Statement The ROI’s Quick Quiz for Retailers: The Balance Sheet Just click here.  

Posted in Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , , , , | 3 Comments

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

As we noted in May,Β 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.Β  … 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