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Develop a Merchandise Financial Plan (SYD)

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Australian Retailers Association

Suite 104, 40-48 Atchison Street

St Leonards, NSW 2065

Australia

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Refunds up to 7 days before event

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Retailers often define success based on the return on investment.

Whether an organisation is privately owned or publicly listed, the principles of profit generation remain the same as does the priority on maximising returns. There are however, many ways to generate revenue in a retail context and each organisation defines their way via their profit strategy.

Profit strategies are influenced by various factors including the assortment of merchandise, service levels, and investment in store or digital environments. Regardless of the approach taken all retailers strive to maximise the return they achieve through the assets employed.

Profit in a retail business is largely generated through the turnover of their merchandise, and all functions and departments must align to this awareness if the business is to reach its financial projections.

The management of retail businesses is complex and the financial challenges can be significant. Our intention in this unit is to provide you with the knowledge that underpins how financial decisions are made in your business and the implications of the merchandise function on the overall profitability and performance.

This workshop will go through:

  • Review organisational financial information

  • Developing a merchandise financial plan

  • Review and re-plan merchandise financial plan


Target Audience: Retail Buyers, Merchandise Planners, Product Managers, Business Owners
Level: Entry - Intermediate

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Disclaimer:

This workshop is subject to change or cancellation if minimum number of participants is not reached. We will endeavour to notify you as early as possible. Your ticket can be transferred to the next available workshop of the same topic or you can request a refund.

If you have purchased a ticket but cannot attend, please contact the Program Manager ( yvonne.chow@retail.org.au) to have your ticket transferred to a later date. If you cancel within 24 hours of a workshop date, please note that your ticket cannot be refunded.

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Date and Time

Location

Australian Retailers Association

Suite 104, 40-48 Atchison Street

St Leonards, NSW 2065

Australia

View Map

Refund Policy

Refunds up to 7 days before event

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