Skip to content
Robin Malau

Robin Malau

Rockstar now Geek

  • Home
  • About
  • Press
  • Music
  • Essays
  • Contact

Category: Retail Knowledge

Flying Below the Radar

These pictures are one of our stores that we operate. Our boss is very aware of how his stores should look like and thinks that convenient lifestyle store shall look like this. We agree, of course . This is a … Read the rest

Author RobinPosted on 08/10/2007Format AsideCategories Retail KnowledgeLeave a comment on Flying Below the Radar

CHOOSING A RETAIL LOCATION

FACTORS TO BE CONSIDERED

Three factors confront you as an owner-manager in choosing a location: selection of a city, choice of an area or type of location within a city; and identification of a specific site.

If you are going … Read the rest

Author RobinPosted on 07/03/2007Format AsideCategories Retail KnowledgeLeave a comment on CHOOSING A RETAIL LOCATION

Example of Store KPIs

Sales compared to budget/target:
Actual sales $ divided by budget/target sales $

Sales compared to last year (or any other period):
Actual sales $ for a given period divided by actual sales $ for the period you want to compare … Read the rest

Author RobinPosted on 07/02/2007Format AsideCategories Retail KnowledgeLeave a comment on Example of Store KPIs

RETAIL MATH

Retail math is considered an integral part of a good retail manager’s skill set. It can be found on some companies pre-employment screening tests.

Calculation of a few commonly used profitability indicators:

Gross Margin:

GM % = (Selling Price – … Read the rest

Author RobinPosted on 06/29/2007Format AsideCategories Retail KnowledgeLeave a comment on RETAIL MATH
  • Home
  • About
  • Press
  • Music
  • Essays
  • Contact
Robin Malau Proudly powered by WordPress