Store Opening Checklist

Here's a simple checklist that can be used when opening a new store:

NEW STORE SETUP CHECK LIST

Location: ____________ Opening Date: ____________ Contractors: _________

STAFFING/SCHEDULE

Store Opening Team

- Name(s):

- Position(s):

- Contact #'s:

Manager:

- Hired:
- Training Complete:
- Trained By:


Team (total # hired including temp.)
- Hired:
- Training Complete:
- Trained By:

Hiring Forms/Schedules


Opening Week

STORE SETUP - Systems and Operations

1. Banking
2. Phone/Fax
3. Alarm
4. Locks
5. POS
6. Float
7. Fixtures
8. Manuals
9. Marketing
10. Signage
11. Supplies
    

STORE SETUP-Stock

1. Stock
2. Visual
3. Cash Desk
4. Back Office
5. Marketing

CUSTOMER SERVICE

1. Product Knowledge
2. Role Playing
3. POS Training
4. Policy & Procedure
5. Loss Prevention

OPENING DAY

1. Floor walk Through
2. Float
3. POS working
4. Banking working
5. Marketing in place
6. Staffing
7. Cash Desk Stocked

Retail GM& and Stock Turns - Industry Averages

Store Type__________Gross Margin______________Stock Turns
Women's Shoes...............44.2%...............................4.1
Men's Shoes....................44.6% ..............................2.5
Women's Sportswear.........47.3% ..............................6.0
All Women's Apparel..........43.6% ..............................7.1
Luggage........................48.1% ..............................7.3
All Men's Apparel ...............42.3% .............................4.4
Cosmetics & Drug...............38.6% .............................3.9
Sporting Goods..................32.2% ..............................3.7
Furniture ........................43.1% ..............................3.3
Electronics........................20.8% .............................3.5

Technorati Profile

Advertising Expense Ratios

Advertising Expenditures as a % of Sales




retail open to buy

7-Elevens become Simpsons "Kwik-E-Marts"

Over the weekend, 7-Eleven Inc. turned a dozen stores into Kwik-E-Marts, the fictional convenience stores of "The Simpsons" fame, in the latest example of marketers making life imitate art. Now you can get Buzz Cola, KrustyO's and Squishees.

read more | digg story