Some Not-So-Obvious Ways to Get Through the Tough Holiday Season Ahead
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Paul Miller
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3. Plan more conservatively and be more careful when buying inventory. This will leave you in a better position to mark down less merchandise and protect margins.
Management
1. Reduce your overhead by a similar amount to your reduction in ad costs and circ. (See tip #2 in Marketing & Circulation.) It’s tough, but must be done to survive.
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