Retail Calculators

Retail Managers, Store Managers, Business Owners, Category Managers and Store Directors all need to know and fully understand retail math. Sure, you might know a few calculations, but do you know all you should? By having a deeper understanding of your margins, discounts, mark downs, GMROII, GMROF, GMROL and new projects IRR's and NPV's you will be able to make better, smarter, more informed decisions. You'll be better at your job, you will make better decisions and you will have more confidence you are doing the right things for the business. Sometimes even the simple things like margins can be confusing.

For example; margin can variously be mark up, dollar margin or gross profit. Some businesses use Weighted Gross Margin (or Gross Profit) to take account of the impact of promotions. Others know they are going to have to mark products down and use Initial Mark Up.

On you'll find all the different margins fully explained individually and grouped so you can see the differences. Because this site has been designed by retailers, for retailers every explanation is designed specifically for time poor retailers. With over 80 calculators dedicated to improving retail businesses, you'll find ratio's and calculators to help you make more informed business decisions. And fast.

Discover exacting answers to the most common questions in retail. Nearly all of our calculators are simple, quick, informative and easy to use with confidence. Each calculator has an explanation and a helpful hint. If you or your staff find some retail terminology confusing or ambiguous, use our Retail Glossary which contains more than 400 of the most common retail terms and abbreviations.

Some of the calculations on this site you might find elsewhere, but you won't find them explained in a manner that makes it easy for you to understand. In addition, we have bespoke calculators created specifically for retailers, they provide you with unparalleled insight and knowledge into some of the most common retail issues. As an example, two of our calculators will help you determine whether a deal is worth accepting or not. One deal calculator is so simple you just need two inputs! It is that easy. Another unique calculator will guides you as to whether a new product is worth including in your product range or not. Yet another calculator lets you assess the success of a product on promotion while another lets you compare supplier/vendor trading terms.

Imagine being able to save your most frequently used calculators, on you can with our "my favourites" tab. You needn't trawl through all the calculators, just retain the ones most useful to you to make life easier.

Retain a record of the calculations, and compare and contrast performance by saving calculations and re-visiting them by using our "saved calculations" tab. Designed to make it easy to assess relative performance over time and see what results your efforts are having on the business. We are so confident that you will realise the benefits of the site that we have provided some sample calculators to try. Verified and checked by one of the world's top 4 accounting organisations, you can use these calculator tools with the knowledge and confidence that busy retail professionals deserve. Know today. Own tomorrow.