General Retail Business Issues/General Retail

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Question
What is the general markup for women's footwear and a restaurant?

Answer
Larry,

Wow, talk about two different businesses!  Women's footwear has between a 50% to 65% markup depending on the fashionability. Basic shoes on the lower end (50%) and high fashion on the upper end (65%) to accommodate the markdowns. For restaurants the same applies, are you talking fast food? (20 to 30%) or family type (30 to 40%) or very high end (40 to 50%) the higher is also possible as wine will improve the margin significantly.

General Retail Business Issues

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James E. Dion

Expertise

Most questions about trends in specialty retail, how customers are changing both in the US and Europe. Demographics for all countries as they relate to retail trends and issues. Store Operations, Buying and Merchandising.

Experience

Over 40 years in the retail industry, store level, store manager, buyer, merchandise manager, Vice President.

Education/Credentials
BS Psychology, MS Psychology, PhD(abd) Industrial Psychology Illinois Institute of Technology

Past/Present Clients
Microsoft, Harley-Davidson, Ritz-Carlton, Hummer, Williams-Sonoma, Ace Hardware, Coleman Spas, Aldo, Intel, Dell, Safeway, New Balance, IBM, Kodak, Bata International, Nortel Networks, Honey Baked Ham Co., Man Alive, Highsmith
B.S Chicago State University M.S. Chicago State University PhD (abd) Illinois Institute of Technology

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