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ABBY DEWANE
Fashion Merchandising and Design Student Graduating this December


Retail Merchandising Project with Six Month Budgeting Plan
January 2018 - May 2018
Illinois State University
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Developed an in depth plan for a business called Magnolia Lane.
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Established a retailer profile, income, pricing, budget, assortment, and promotional plans
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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)
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Used quick markdown strategy for long sleeve tops pricing. (FIGURE 2)
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Developed six month budget plan with stock to sales ratio, beginning and end of month inventories, reductions, and purchases. (FIGURE 3)
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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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