Mathematics for Retail Buying: Bundle Book + Studio Access Card

Mathematics for Retail Buying, 9th Edition, introduces merchandising and retailing students to the most important concepts in retail math through step-by-step examples with practice problems and solutions. Coverage begins with the skeletal profit and loss statement, and moves through retail pricing and repricing of merchandise, markups, markdowns, the retail method of inventory, six-month, and assortment planning. This extensively updated edition introduces a practical approach that incorporates actual retail scenarios and concepts that are relevant to the fashion industry today. The book focuses on mathematical factor that affects the gross margin and profitability key to the success of any merchandise buyer or planner. This book integrates current retail business metrics and a focus on the six-month planning process, including an assortment planning section with examples.