Course
RF 10 Retail Math
Understand and define key measures that are used to analyze and manage a retail business.
Joanne Neidorf
Updated Aug 08, 2020This course introduces and defines key measures used to analyze and manage a retail business, including:
- Variance
- % Contribution or % Mix
- Sell-Thru
- Average Selling Price
- Initial Mark-Up/Mark-Up
- Gross Margin
- Average Inventory
- Inventory Turn
- Weeks of Supply
- POS Markdowns
- PERM Markdowns
It also provides examples of how to interpret and use these measures.
Target Audience:
Anyone responsible for running a retail business, including retail Merchants/Buyers, Merchandise Planners and their assistants or analysts.
