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To: mykroar

I admit that when it comes to matters of economics, I am not your go-to girl, but I find it puzzling that sales for a particular month can be tabulated and analyzed when that month is just barely half over. Don’t they need to see the figures for the entire month?


4 posted on 02/15/2013 1:26:02 PM PST by Bigg Red (Restore us, O God of hosts; let your face shine, that we may be saved! -Ps80)
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To: Bigg Red

The guy in the excerpt is just talking about “February month to date sales”.


5 posted on 02/15/2013 1:29:03 PM PST by jiggyboy (Ten percent of poll respondents are either lying or insane)
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To: Bigg Red

They compare Jan 2013 to Jan 2012. And, Wal Mart has instant sales analysis, their inventory system is second to none on earth.


7 posted on 02/15/2013 1:32:56 PM PST by Tea Party Terrorist (Those who work for a living are now outnumbered by those who vote for a living.)
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To: Bigg Red

Most companies keep a day by day chart along with a cumulative month to date total. Plus they know what their daily average should be and can compare February to date’s average with that.

Usually they also compare their current February sales to this date figures with last years.

You do not wait until the month is complete to look at your sales. You keep track each day and use this to schedule advertising and sales (The one where you cut prices to try and drive up actual sales. That is confusing by using sales (as in running a sale) and sales (as in the amount you sold)in the same sentence.)


8 posted on 02/15/2013 1:33:16 PM PST by american_ranger
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To: Bigg Red

I assume they have a lot of historical data to compare to,
and all they had to do was look at the first couple of weeks to say “oh... crap”.

And, this was supposedly a “leaked” memo, as well.


10 posted on 02/15/2013 1:33:57 PM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Bigg Red
I find it puzzling that sales for a particular month can be tabulated and analyzed when that month is just barely half over. Don’t they need to see the figures for the entire month?

Let me 'splain the retail industry to you. You are a highly paid, under-educated executive for a major big box chain. At the beginning of February you issue a confident report to your bosses that sales for this month will be "X". By mid-month the numbers are running 17 points behind "X". So you frantically start spinning it to blame the failure to meet "X" on anyone or anything other than your crappy prediction, otherwise you might not be around to set the sales target for March.


21 posted on 02/15/2013 1:47:58 PM PST by Buckeye McFrog
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