Kevin Merritt Tackle Markdowns
We have all done it. That item that looked so good in the catalog or at a dealer show we just knew it would go flying off the shelves! Yet 6 months later it stands as a grim reminder of a buying mistake. At that point there is only one thing to do, the dreaded markdown! Markdowns don’t have to be the horrible retail monster that many dealers thing they are. When used properly, markdowns can be a vital part of a sound inventory management plan.
Posted: May 1st, 2010 under General.