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Measuring stock turn for stores that haven't been open a full year presents unique challenges. This post explores practical approaches to annualizing and benchmarking inventory performance for newer locations.
/ Merchandise Planning
It’s not every day that I get stumped by a GOOD question from a customer, but it’s extra fun for me:
How do you measure/apply Stock Turn to stores that have not been open for a full year (this also applies to Comp Stores that have turned Comp mid-year.)
I am used to an Annual Turn based on annual sales/avg stock, an Annualized Turn (looking back 52 weeks from the current period), a Monthly Turn.
What about Turn for a store that’s been trading for, say, 32 weeks of Last Year? How do you do them apples/to/apples numbers in that case?
How do you do it?
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