Q: Going into the fall season, should I continue to plan my business down?
A: As you well know, we began to see 30% decreases last October, so as we head further into fall, we hope to plan business even against last year. As an assurance, keep some open to buy so you are in a liquid cash flow position and don’t have to take markdowns.
Date answered: 09/08/2009
Question raised by: Bob H.