For Pet Industry Retailers
If you have a retail pet supply store in Colorado, please feel free to contact us.
Please provide us with the following contact information: Your website (if available), your telephone number and email address and the best time to reach you. We will contact you to set up an appointment at a mutually convenient time.
If you want to learn more about measuring sales-per-square foot, here's a great place to start. Take your "net" annual sales and divide that by your total "selling area" in square feet. If your net annual sales are $200,000 dollars and your actual selling area (minus storage space) is 700 square feet, then your sales-per-square-foot are $285. In a year, each square foot of selling space contributes $285 to your net sales. Did you know that the national average for regional malls in the USA is $341 per square foot?
When you start getting closer to the $200 figure, that generally means that you have dead stock that is sitting around collecting dust and not contributing to your store's profit. You need to consider what you are selling. If your products are collecting dust, they are not contributing to your bottom line and need to be blown out in order to make way for new products. Want more help? Put Wholesome Pet Supplies to work for your business today!
Please provide us with the following contact information: Your website (if available), your telephone number and email address and the best time to reach you. We will contact you to set up an appointment at a mutually convenient time.
If you want to learn more about measuring sales-per-square foot, here's a great place to start. Take your "net" annual sales and divide that by your total "selling area" in square feet. If your net annual sales are $200,000 dollars and your actual selling area (minus storage space) is 700 square feet, then your sales-per-square-foot are $285. In a year, each square foot of selling space contributes $285 to your net sales. Did you know that the national average for regional malls in the USA is $341 per square foot?
When you start getting closer to the $200 figure, that generally means that you have dead stock that is sitting around collecting dust and not contributing to your store's profit. You need to consider what you are selling. If your products are collecting dust, they are not contributing to your bottom line and need to be blown out in order to make way for new products. Want more help? Put Wholesome Pet Supplies to work for your business today!
Location...Location...Location...
Chance are, you've heard the old adage location...location...location more than a few times. If you're in the process of searching for your first retail store or planning on expanding to your second, it's time to put location at the top of your To Do list. Did you know that the Forum Shops at Caesars Palace in Las Vegas has the highest sales per square foot of any mall in the nation at approximately $1300 per sq foot?