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retail markdown formula. OTB retail Planned Sales Planned Markdowns Planned End of Month Inventory - Planned Beginning of Month Inventory Sales per Square Foot The sales per square foot data is most commonly used for planning inventory purchases. Markdown percent is Markdown dollars divided by Sales.
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Cost of Goods Retail Markup Retail Price. Retail Buying and Markdowns. In order to get the markdown percentage take the amount of money youve discounted the merchandise at and divide it by the sales price.
The list price of an item can be calculated as follows.
Retail Price Cost of Goods Markup. Usually represents markdown dollars as a percentage of retail sales dollars MD GMROII or ROI Gross Margin Return on Inventory Investment or simply Return Investment. Retail Markdown Calculation Whether its called a markdowns sale promotion or clearance event a retailer is going to receive less money for the product than they originally wanted. Here is another way of stating the same formula.
