Introduction to Percent Calculations

A female cashier in a grocery store checkout area is smiling while ringing up goods and talking with a man dressed in a tie standing behind her.

 

As a retail manager, you often create reports based on data collected by the information systems in place at your store. Sometimes those numbers need to be presented as percents to give you the most valuable information from which to base your decisions. Year over year sales growth, customer conversion rate, and gross profit margin are just a few examples of percent metrics that you will need to analyze your store performance.