Top Tweets for #RetailThread

over 8 years ago

Thank you @indretailer @meaghanbrophy @WholesaleCen @fleamarketzone and especially @retailprowess for sharing your #RetailMath knowledge today on #RetailThread! We'll see you next month 💋

OffPriceShow's tweet photo. Thank you @indretailer @meaghanbrophy @WholesaleCen @fleamarketzone and especially @retailprowess for sharing your #RetailMath knowledge today on #RetailThread! We'll see you next month 💋 https://t.co/FV3xt8ApSK

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meaghanbrophy @meaghanbrophy

over 8 years ago

@OffPriceShow Ultimately, all retailers need to know their numbers before committing to a pricing strategy. #retailthread

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over 8 years ago

@OffPriceShow @retailprowess Yes! shoppers value transparency! And may even be willing to pay a little more if they know they are supporting a local business and family #RetailThread #shoplocal

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over 8 years ago

@retailprowess For sure! And always keep in mind customers are loyal to transparent retailers who pass down savings #RetailThread

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Independent Retailer @indretailer

over 8 years ago

@fleamarketzone Definitely! And realize where retail theft and inventory loss is creeping in >> https://t.co/MWlpGIroeL #RetailThread

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over 8 years ago

@OffPriceShow A6 it depends on their store location! But with off-price products you can have competitive prices and still keep a great margin #RetailThread

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over 8 years ago

@OffPriceShow A6: based on their market! use retail math to figure out what you CAN sell offprice products for. #RetailThread

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over 8 years ago

@OffPriceShow A5: retail math can help retailers realize where they are spending more than thet should and better manage expenses overall #RetailThread

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over 8 years ago

@OffPriceShow A5 p2 By controlling the timing of expenses retailers can better utilize sales, marketing campaigns and order ship dates to keep things financially smooth so that rather than juggling expenses they are focused on areas that will bring lift to their business. #retailthread

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over 8 years ago

@OffPriceShow A5 Retail math, the analysis of your stores financials is essential in operating without stress and for turning a profit. A cash flow is a macro look at the ebb & flow of income and expenses. #retailthread

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over 8 years ago

@fleamarketzone @retailprowess Jealous!!!!! We're currently at a chilly 25 degrees in Milwaukee ❄️ #RetailThread

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over 8 years ago

@fleamarketzone @OffPriceShow Utilizing a consultant that can download your POS data and create an open to buy plan for your store is a great trick too ;) https://t.co/l3iaXHQHyJ #retailthread

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over 8 years ago

@OffPriceShow Haha yes! It's a cool 30 degrees here in Sedona, Az. Utilizing retail math to make more is all about working with accurate data (correct inventory counts) and making a commitment to treating your inventory like dollars not clothes! #retailthread

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over 8 years ago

@OffPriceShow @retailprowess It's 70 degrees today in CT! WE hope this warm weather is here to stay! #retailthread

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Independent Retailer @indretailer

over 8 years ago

@fleamarketzone Yes, having the ability to share (if you need it), or have multiple content managers, can go such a long way #RetailThread

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over 8 years ago

@OffPriceShow A4 figure out how much stock you have for each category and compare it to the actual sell rates to help you determine the best markups for sell through #RetailThread

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over 8 years ago

@retailprowess Yes and all while keeping in mind the warmer temps that are (hopefully!) on their way #RetailThread

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over 8 years ago

@OffPriceShow A4 p2 Once a retailer can see their inventory break down by catagory they can adjust orders, plan sales to balance inventory and place additional orders for proper inventory balance. #retailthread

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