As a result, Ken Perkins, president of RetailMetrics, a research firm, said that some stores offered aggressive discounts to get rid of excess inventoryof spring merchandise.
Its skill in understanding fashion trends and the right level of mark-up on merchandise, as well as the proper level ofinventory, and the intelligent staffing of stores makes the all the difference.
Costco Wholesale Corp. operates membership warehouses based on the concept that offering members very low prices on a limited selection of nationally branded and selected private label products in a wide range ofmerchandise categories will produce high sales volumes and rapid inventory turnover.