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Retail Merchandising Project with Six Month Budgeting Plan 

January 2018 - May 2018

Illinois State University

  • Developed an in depth plan for a business called Magnolia Lane​.
  • Established a retailer profile, income, pricing, budget, assortment, and promotional plans

  • Income statement planned for continuous growth in net profitability with 3% growth from year one to year two and 6% growth from year two to year three. (FIGURE 1)

  • Used quick markdown strategy for long sleeve tops pricing. (FIGURE 2)

  • Developed six month budget plan with stock to sales ratio, beginning and end of month inventories, reductions, and purchases. (FIGURE 3)

  • Assortment plan contained 80 SKUS and 2,484 units that were divided by style, size, and color in a Volume per Assortment chart. (FIGURE 4)

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