When Markdowns Are Required... Timing Is Everything!
Alternatives(!) to Markdowns
Online Open-to-Buy (OTB) Calculator Merchandise buying plans by class, by department, by month, by YOU!
Separate registration required. 45 days FREE trial. Then, just $19.95/month.
Find out more here
Feeling uneasy about getting through the next few months? Wondering whether you should be revising your store's spending plan? The Retail Owners Institute® has just the tool you need: our online P&L Planner. Available 24/7 in the Members-Only Collection, you can use the P&L Planner - on your own - anytime you want. You do NOT have to ask your bookkeeper to do new projections for you. (And, you will minimize the rumors!) What a great way to test out some "what if...?" concepts. See for yourself whether they "pencil out"; then you can decide which changes to vigorously pursue. The ROI's P&L Planner has some unique features especially for retail owners:
It is fast and easy to work with. All the formulas are built in. Truly retailer friendly! Take advantage now of your unlimited access to this great tool exclusively for ROI Members. Just go to The ROI and login with your User Name and Password. Then, scroll down the Member's Homepage to the direct links to The ROI's online calculators. Choose the P&L Planner, and "Turn on Your Financial Headlights!!"
BioGuard Pool Care
Consumer Eletronics Association
Craft & Hobby Association
Dionco Inc.
Hallmark Cards, Inc.
Intuit Retail Solutions
National Shoe Retailers Association
Pet Industry Distributors Association
Retail IQ
Retail Management Consultants
Retail Realm
Uniform Retailers Association
NEW from The ROI! Webinars by the Co-Founders. Fast-paced, lively, informative...and fun! Online, on-demand, 24/7. Watch them all!
"What Retailers MUST Do To SURVIVE This Financial Crisis"
"The Indispensable Owners Dashboard"
"The Basics of Open-to-Buy Planning"
"Raise Turns...and Raise Cash!"
GMROI & Turns Calculator
Key Ratios Calculator
Open-to-Buy (OTB) Calculator
"Learn" in short, self-paced chapters
"Practice" (e.g., take a quiz!)
"Apply" to your own business
Case Study: The I. M. Surviving (?!) Co.
Plus much more!
Start Now! Follow these 5 steps. Drive your inventory to a targeted, well-conceived ENDING INVENTORY level at the end of each month.
And remember: Survival, without profit, through this recession is like halitosis; it's better than no breath at all!