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We were competitive but measured in our promotions, took strategic markdowns and intentionally did not chase unprofitable sales. Dollar Tree’s outlook includes about $430 million in operatingexpenses across a number of investments, including plans to increase average wages by $2 per hour. “We
AOP meaning – Annual OperatingPlan, is a comprehensive strategic plan that outlines a companys financial goals, key initiatives, and operational tactics for the upcoming fiscal year. For retailers, an AOP serves as a central planning tool that drives alignment across departments and informs high-level decisions.
. #2 Buy what you can sell profitably It is essential to follow a merchandise plan to know what you can purchase from suppliers and sell to customers. It is not enough to keep filling up your stores, as it can only result in heavy markdowns, slow inventory turnover, higher operating costs, and disruptions to cash flow.
Brick-and-mortar stores, already under pressure from e-commerce, will struggle to stay open with higher operationalexpenses. The more operational waste you cut, the more savings you can pass on to your customer base, gaining a competitive edge. Okay, okay! This is a lot, but there is good news. a snowsuit in the summer months).
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