The definition of price points varies but it is generally accepted that suggested retail price points are determined in such a way as to compete with prices of the same product or other products.

Posted
AuthorAndrew Johnston

The Open to Buy is a highly effective blunt instrument used by most general merchandise retailers to plan their purchasing and control inventory.

Posted
AuthorAndrew Johnston

Theoretically margin has to end at about 99.9%. At this point suppliers would be charging you $10 for an item that sells at $10,000.

Posted
AuthorAndrew Johnston

We are all becoming ever more aware of the so called “Data Deluge”. Most retailers and wholesalers are not suffering due to lack of data, but rather from an excess of data.

Posted
AuthorAndrew Johnston