How Does the Retail Industry Work and Make Money?

This article on investopedia.com answers a lot of questions




http://www.investopedia.com/features/industryhandbook/retail.asp#axzz1YP4vU8Mj


The term Inventory Turnover is crucial.


According to investopedia  this is calculated by taking the sales over the inventory     sales
                                                                                                                                               Inventory




or            Cost of Goods Sold
                 Average inventory






FYI-Investopedia is a very credible source, nothing like wikipedia even though it sounds like it






Sincerely,


David Connolly