Retail Accounting

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Basket Case Olympics – are you up to speed?

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We came across this useful review of basket case analysis comparing it to an Olympic discipline. It discusses the analysis techniques available to large retailers and although these may not be practical for smaller convenience stores the ideas can often be applied in a simplified form. Watch out for a follow up article on simple and effective approaches to basket analysis suitable for retailers without the computing power of the large national and international players.


Author: retailaccounting

CounterBooks is an online retail accounting management suite which is used by retailers across the world.

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