Managing a c-store’s “cost of goods” is a critical part of ensuring the operation’s profitability and viability. On the sales and revenue side, lots of attention is paid to the merchandise mix, ongoing promotions, store layout and similar issues. But when it comes to sheer profitability, the Cost of Goods line on the P&L can be the most important factor over which we have any control. Three Key Factors When the Cost of Goods (Food Cost) is over ...
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