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12 Critical Retail Industry Performance Metrics (2020)

Retalon

Today, it is more important than ever for retailers to have a tight grip on the state of their business. Only with the right retail industry performance metrics can they answer questions like: Do they have the right product mix? How effective are their promotional campaigns? In-Stock Percentage 2. Inventory Turnover Ratio 3.

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What is GMROI in Retail? (Formulas, Benchmarks, Examples)

Retalon

It is a measurement of the cost of purchasing, transporting, and holding inventory, plus the cost associated with fulfilling customer orders for that inventory — compared to the gross margin you receive from selling that same inventory. Ultimately, a “good GMROI” will depend on how much control a retailer has over costs and prices.

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