Retail Math – Why It Is Important

Retail Analytics

Retail Math – Why It Is Important Sales – Expenses = Profits Retail organizations – in fact, any type of organization – have figured out this equation. Or have they? Plenty of businesses go ‘Out of Business’. Maybe they didn’t have it figured out….

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Retail Sales Metrics

Retail Sales Tips

Retail Sales Metrics In a retail environment, there are 3 key factors that have an immediate impact on sales performance. Sales = Traffic (Footfall) x Conversion Rate x Average Sale Traffic is the number of new prospects and repeat customers coming into the store….

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How Can WOS Report Help?

Weeks of stock and district manager

The WOS report can be a great help for DM’s who want to be on top of their inventory picture, district wide. For a District Manager who regularly travels between different stores (and for Store Managers) the Weeks of Stock report can be a…

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Retail Math Training

Retail Math Training

Numbers are NOT the Business! Numbers are the PICTURE of the Business! – Harold Geneen (CEO, ITT) 5 Reasons why you need Retail Math training: You’ve probably heard of the saying: “If you can’t measure, you can’t manage”. That is an important and true…

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