A category manager has a budget for the upcoming year of $50,000 at cost. Their target IMU% is 60%. 3 months into the buying season this category manager has spent $20,000 of their budget. The IMU% on the purchased merchandise is 55%. What IMU% is needed on the remaining merchandise (the merchandise they will purchase in the future) in order to achieve the target IMU% for the entire category?

Answer rating: 100% (QA)

To achieve the target IMU 60 for the entire category despite the current lower IMU 55 the ... View the full answer