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...

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...

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...