WELCOME, to the inaugural WEALTHY Retailer™ "newsletter" and THANK YOU for being part of our Retail Community!

Our intention for this communication is not to "junk" up your inbox but rather share current trends, recent news, retail tips, upcoming events and ORBIT® report tips that will help you to become a better retailer. If there is anything you would like to see included please do not hesitate to let us know.

THANK YOU for being part of the CRS family - your business is very much appreciated!!

Dan Holman
Owner
Canadian Retail Solutions
Trends

The graph below represents monthly sales increases, year-to-date, based on M1 users who have comparable data from last year's sales... How do you compare?


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Referral Rewards

We have launched a  Referral Campaign  and you can get FREE planning classes!!

Do you know a retailer that could use our Merchandise Planning Solution? Fill out our referral form HERE 

For every referral you send our way we'll send you a little "thank you". If they Join our planning community you will be rewarded with a FREE planning class for 1 year. That's a $780.00 value!!

conditions: free planning class will be an added class and can not be deducted from existing class counts.
Wealthy Retailer™

Our team has created a PRIVATE facebook Group  for CRS Retailers to connect, share ideas, ask questions, and help each other become WEALTHY in their retail business.

Not a member yet? Click Here to join!!
Google

CRS is working at improving our googliness to improve our organic search value on Google. Please help us by writing a testimonial about CRS and your Retail Coach.

Here's a link to write your review... GOOGLE REVIEWS

Thank you for helping us!!

Want some help with your google presence? Get in touch with Chris and he will give you some FREE guidance.
Retail ORBIT ® 
Inventory Performance Report

The Inventory Performance Report allows us to directly compare the performance of each class to other classes, to the group and to the location using a number or indices and key performance indicators.
  • CASH MARGIN - Cash Margin are the dollars generated beyond cost of receiving. (this is the cash generated from sales to pay your operating expenses).
  • GROSS MARGIN - $ales minus Cost Of Goods Sold (this age old metric, while important, takes a back seat to CASH MARGIN in most retail stores).
  • CMROI - Cash Margin Return on Investment is the cash margin created over the last 12 months divided by the average inventory at cost.
  • GMROI - Gross Margin Return On Investment is an inventory profitability evaluation ratio that analyzes a store's ability to turn inventory into cash above the cost of the inventory. It is calculated by dividing gross margin by average inventory cost over a 12 month period. 
  • TURN - Inventory turn is a measure of the number of times inventory is sold in a year. The equation is annual sales divided by AVERAGE inventory at RETAIL.
  • EFFICIENCY - Inventory efficiency is a representation of how effective on hand stock has been turned into cash over the last 12 months and is similar to sell-through. The formula for Inventory efficiency is annual sales divided by beginning inventory plus receiving at retail.  
This is a GREAT time of year to review your Inventory Performance Report and set your next 12 month Targets.

Ask your Retail Coach about your IPR  and what YOUR metrics should be.
Your Voice

At Canadian Retail Solutions, our core focus is to Help Make Retailers Better. If there is anything we can do to support your vision please do not hesitate to reach out to our team...

Michael Nascimento - POS Data Specialist

Chris Olson - Sales & Marketing Manager

Colin Bates - Operations Manager

Lisa Harder - Controller

We would love to hear from you - if there is something specific you would like covered in an upcoming communication please let us know. You can submit your feedback directly to Dan

Happy Retailing!! 
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