Question

describe what is the ment by 'open to buy'. explain why retailers adopt this approch

Answer 1

An open-to-buy is a tool that in the hands of a fully committed small retailer can profoundly improve financial performance. It allows a retailer to manage inventory, plan purchases, and budget effectively. Find out what goes into a good open-to-buy and how you can put it to use in your business.

It's a tool that in the hands of a fully committed small retailer can profoundly improve financial performance.



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