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What benchmarks should you be using in retail?

It’s always important to measure how your business is tracking. Profit and loss statements, cash flows and ROI are all common tools that are used to measure business performance. However, seldom do they measure how your business performed against its competitors or the market in general. There are other numbers that are equally important when it comes to setting a strategy for a business. Benchmarks of key performance metrics are very useful in setting strategy and developing strategic thi