Fundamentals of Merchandising Math and Retail Buying

Fundamentals of Merchandising Math and Retail Buying

By: Angella L. Hoffman (author)Paperback

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Bridging the gap between current merchandising math textbooks and retail buying textbooks, The Fundamentals of Retail Buying with Merchandising Math incorporates both buying philosophies and merchandising math. The text's problem-based method of learning incorporates questions and problems that train the reader to think like a buyer and encourage group collaboration and critical thinking. Simulated exercises mimic real-life buying responsibilities. Additionally, the order of the chapters and content within each chapter mimic the training of an assistant buyer in a corporate buying office. Providing a full, broad view of the retail buyer's role, the text also includes the key merchandising math formulae that is the basis of all retail buying analysis.


UNIT 1: FORMULAS AND BASIC PRINCIPLES Introduction: Getting Started Chapter One: Sales and Percent Change Chapter Two: Percent to Total Chapter Three: Sell Thru Chapter Four: Stock-to-Sales Analysis Chapter Five: Markup & Markdowns UNIT 2: MANAGING THE BUSINESS Chapter Six: Purchase Orders Chapter Seven: The Six Month Merchandise Plan Chapter Eight: Profit & Loss Statement Chapter Nine: Cooperative Advertising UNIT 3: PRIORITIZING AND NEGOTIATING Chapter Ten: Buying Simulations Chapter Eleven: End-of-Season Negotiations Chapter Twelve: Monday Morning Reports (Sales) Chapter Thirteen: Monday Morning Reports (Markdowns)

Product Details

  • ISBN13: 9780132724142
  • Format: Paperback
  • Number Of Pages: 288
  • ID: 9780132724142
  • weight: 100
  • ISBN10: 0132724146

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