WSJ 18 Jan 2008 - Gloomy Retail Forecast
Have you read today’s Wall Street Journal? The sub-headline states that the “recent sharp drop in sales prompts gloomy forecasts of worst slump in years”. According to the article, this equates with fewer store openings and cut backs on inventory. Cut backs on inventory…cut backs on inventory.
This is the smart strategy. Can you do it? Will you do it?
OR DO YOU NEED HELP???
My typical client will reduce their inventory investment BY A MINIMUM OF 15%. Some will reduce even more. If you have $100,000, at cost, in inventory, then I will get you down to $85,000. That will mean BETTER CASH FLOW and FEWER MARKDOWNS!
My typical client will also gain profitability BY A MINIMUM, 3-5 percentage points. At the bottom of the list, you can gain $3,000 in profits for each $100,000 in sales!
So if the gloomy retail forecast is true, then do you want to be prepared for it? OR do you want to find yourself in a WORSE POSITION THIS TIME NEXT YEAR?
BEFORE YOU THINK THIS IS FOR A LARGE RETAILER, THINK AGAIN!!! If you are doing at least $250,000 in annual sales, then your savings will MORE THAN COVER THE COST OF DOING BUSINESS WITH ME.
Call now. Every moment you procrastinate is LOSING YOU MONEY.
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