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What Is A Retail Clerk?

A retail clerk may also be referred to as a sales associate or sales clerk. Retail clerks are effectively service staff working on the shop floor of a retail...
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What does MAP stand for in retail?

What Does MAP Stand For In Retail?

In a retail context, MAP stands for ‘Minimum Advertised Price”. This is the lowest price, decided by the manufacturer of a product, which they will allow that...
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What Is A Good Profit Margin For Retail?

What Is A Good Profit Margin For Retail?

When considering profit margin for retail stores is it important to remember the difference between gross or net margin. The gross profit margin is calculated...
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