Question
How do I figure out the expected market value to open a store to compete against Macy's? Here is the data I have? trade area
How do I figure out the expected market value to open a store to compete against Macy's? Here is the data I have?
trade area population 851,490, trade area households 284,807, and average annual household income $91,938. The estimated value for all the Macys organization as of July 2022 is $4.8B. There are 570 Macys in the whole United States, 42 stores in the state of Florida. Apologies I submitted this question twice by mistake.
Expected Market Value: Miamis Inc. department store | |||||
Assumptions | Probability p(x) | Units ('000) | Avg. Unit Price ($) | Market Value ('$000) | Expected Market Value ('$000) |
Pessimistic |
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Most Likely |
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Expected Market Value: Miamis Inc. department store | |||||
Assumptions | Probability p(x) | Units ('000) | Avg. Unit Price ($) | Market Value ('$000) | Expected Market Value ('$000) |
Optimistic |
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Most Likely |
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