Question: Case Study 2 . 3 : You will PLAN a WEEKLY POS Markdown percent promotion and sales / MD $ Determining Weekly Markdowns On Monday

Case Study 2.3: You will PLAN a WEEKLY POS Markdown percent promotion and sales/MD $
Determining Weekly Markdowns
On Monday morning, the buyer for the mens casual collection department is reviewing their selling reports for the seasonal coordinate groups. Here is a recap of the report the buyer generated from their retail reporting system which details the units sold in the previous week, units sold two weeks ago, the week to week unit sales build, the average retail price for the collections, the weeks of supply and sell through percentage.
You are preparing for your weekly sales recap meeting with your merchandise manager and need to formulate a markdown strategy for the merchandise that you own too much of for this weeks point-of-sale markdowns. Based on the selling recap, calculate the analytical criteria for you to formulate your strategy.
Calculate the sell through percentage, weeks of supply and week-to-week build
Based on the outdate set by the buyer which collection(s) should a POS markdown occur this week and why?
What would the suggested POS promotion be?
Project the expected sales in dollars and units for the collections that will be marked down and the markdown dollars that the sales will amount to.
If your planned markdown dollars for the week are $40,000, do you expect to be over or under the plan?
Are there any collections that should be reordered by the buyer?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!