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PLEASE SHOW WORK AND CALCULATIONS! Angela Jones is the store manager for a large department depth than merely the formula for sales per square foot,
PLEASE SHOW WORK AND CALCULATIONS!
Angela Jones is the store manager for a large department depth than merely the formula for sales per square foot, as her store in the Southeastern United States. Two of her depart- store needs to increase its level of profitability due to a recent ment managers have requested additional square footage_ downturn in the economy. Consumer confidence needs to be for their departments. Angela is analyzing each department's boosted and she hopes to achieve this by stocking more of performance to determine which department is more profit- the merchandise that female customers desire from her store. able for the store, and therefore, which will be considered for The two departments, women's sportswear and women's additional space. She is analyzing department figures more in- suits, had the following figures for the past fall season: 5. Compare the two departments on shortage and gross margin percentage, GMROI, and operating expense and profit percentages. Please help Angela with her decision and recommend which department presents the best case for an increase in square footage and inventory, based upon the overall profitability of the department store. Discuss reasons for your recommendation and how it will boost consumer confidence and increase sales leading to a higher level of profitability for this large department store in the Southeastern United StatesStep by Step Solution
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