Principles and techniques of retail merchandising with emphasis on contemporary merchandising tools. Included will be the development of merchandise plan, the model, stock plan, margin, and operating plan.
Students got insight on how to calculate mardowns, discounts and store profit through annual budget by creating a pilot store. Effective merchandise planning and placement techniques were learned to maximize store inventory and product sell through. Students learned the importance of merchandise planning to make the right products available, the right qualities, price and placement.