Is your business a canary, duck, horse, or man?

  What is your most important metric in retail? I like GMROI as the most useful and revealing, but it has one drawback in that there aren’t many benchmarks available to be use Its ugly sister metric, stockturn, is simpler but still extremely useful – and importantly it goes to the heart of retailing. (Breaking bulk to tailor product/quantity to the needs of the consumer.) Understanding the stockturn of a product/category is extremely useful, yet so few small retailers actually do the ho

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