Finance - Reducing Labor Costs Illustration of finance labor costs. Retail grocery managers and owners can save money now and in the future by closely monitoring labor costs. This is especially true for smaller retailers, where cash flow is often limited and where cost-cutting is not only beneficial but frequently required. In this course, we will explore methods for reducing labor costs. This course has the following objectives: Identify ways to optimize staff scheduling and reduce labor costs. Define the process of forecasting. Discuss best practices for scheduling. Course Duration: 18m Go To Course Finance - Reducing Labor Costs Illustration of finance labor costs. Retail grocery managers and owners can save money now and in the future by closely monitoring labor costs. This is especially true for smaller retailers, where cash flow is often limited and where cost-cutting is not only beneficial but frequently required. In this course, we will explore methods for reducing labor costs. This course has the following objectives: Identify ways to optimize staff scheduling and reduce labor costs. Define the process of forecasting. Discuss best practices for scheduling. Course Duration: 18m Go To Course

Finance - Shrink Illustration of a tablet monitoring company loss profits. A drastic increase in shrinkage or shrink is something you should monitor as it could be a sign of a problem with your company's operating practices which will result in a loss of profits. In this course, we will learn about shrink, how to calculate it, and the best practices for avoiding it. This course has the following objectives: Explain and define the meaning of shrink. List ways to calculate shrink. Identify best practices to prevent shrink. Course Duration: 22m Go To Course Finance - Shrink Illustration of a tablet monitoring company loss profits. A drastic increase in shrinkage or shrink is something you should monitor as it could be a sign of a problem with your company's operating practices which will result in a loss of profits. In this course, we will learn about shrink, how to calculate it, and the best practices for avoiding it. This course has the following objectives: Explain and define the meaning of shrink. List ways to calculate shrink. Identify best practices to prevent shrink. Course Duration: 22m Go To Course

Finance - Labor Costs and Calculations Illustration of money being calculated for labor costs. Labor costs can quickly reduce retailers’ earnings if risk factors are not actively monitored and adjusted. This course will teach you how to identify and calculate the factors that influence labor costs. This course has the following objectives: Identify factors that influence labor costs. Learn how to calculate labor costs. Course Duration: 10m Go To Course Finance - Labor Costs and Calculations Illustration of money being calculated for labor costs. Labor costs can quickly reduce retailers’ earnings if risk factors are not actively monitored and adjusted. This course will teach you how to identify and calculate the factors that influence labor costs. This course has the following objectives: Identify factors that influence labor costs. Learn how to calculate labor costs. Course Duration: 10m Go To Course

Finance - Inventory Management Illustration of a check marked list and box icons surrounding it. Retailers can learn how to cut costs and gain a better understanding of the actual sales patterns in their store by using tools and techniques for retail inventory management. In this course, we will go over some inventory management methods and formulas that you can use in real life situations.   This course has the following objectives: Explain different types of inventory management methods. Apply inventory formulas to real life situations. Course Duration: 20m Go To Course Finance - Inventory Management Illustration of a check marked list and box icons surrounding it. Retailers can learn how to cut costs and gain a better understanding of the actual sales patterns in their store by using tools and techniques for retail inventory management. In this course, we will go over some inventory management methods and formulas that you can use in real life situations. This course has the following objectives: Explain different types of inventory management methods. Apply inventory formulas to real life situations. Course Duration: 20m Go To Course

Finance - Profit and Loss Illustration of a circle with graph arrows in the center and store, money icons surrounding it. A profit and loss statement, also known as a P&L, is a financial report that summarizes a company's revenues, costs, and profits or losses over a given time period. The profit and loss statement demonstrates a company's ability to generate sales, control costs, and make a profit. In this course, we will go over the fundamentals of the profit and loss statement.   This course has the following objectives: Define the meaning and purpose of the profit and loss statement. Explain different types of categories found on the profit and loss statement. Apply the concepts on the profit and loss statement to real life situations. Course Duration: 15m Go To Course Finance - Profit and Loss Illustration of a circle with graph arrows in the center and store, money icons surrounding it. A profit and loss statement, also known as a P&L, is a financial report that summarizes a company's revenues, costs, and profits or losses over a given time period. The profit and loss statement demonstrates a company's ability to generate sales, control costs, and make a profit. In this course, we will go over the fundamentals of the profit and loss statement.   This course has the following objectives: Define the meaning and purpose of the profit and loss statement. Explain different types of categories found on the profit and loss statement. Apply the concepts on the profit and loss statement to real life situations. Course Duration: 15m Go To Course [...]

Finance - 10 Basic Retail Math Formulas Illustration of a calculator in the middle of the image surrounded by white supermarket icons. When working in retail, you will need to use math skills to help you complete tasks like taking inventory, stocking, pricing items and managing labor costs on a daily basis. In this course, we will review ten formulas to help you understand math formulas and how they may apply to your retail position.   This course has the following objectives: Identify ten basic retail math formulas. Apply retail formulas to real life problems. Course Duration: 12m Go To Course Finance - 10 Basic Retail Math Formulas Illustration of a calculator in the middle of the image surrounded by white supermarket icons. When working in retail, you will need to use math skills to help you complete tasks like taking inventory, stocking, pricing items and managing labor costs on a daily basis. In this course, we will review ten formulas to help you understand math formulas and how they may apply to your retail position.   This course has the following objectives: Identify ten basic retail math formulas. Apply retail formulas to real life problems. Course Duration: 12m Go To Course

Finance - Basic Retail Math Illustration of a calculator in the middle with supermarket and carts icons surrounding it. Whether you are a cashier at a clothing store, a sales associate at a gas station, a manager of a multi-unit big box department store or a butcher in the grocery store, you will need to use math daily while working in the retail industry. In this course, you will explore the fundamentals of retail math and how it is used in your day-to-day job.   This course has the following objectives: Define basic retail math. Recognize different basic math fundamentals such as addition, subtraction, division, and multiplication. Apply math fundamentals to real life problems. Course Duration: 15m Go To Course Finance - Basic Retail Math Illustration of a calculator in the middle with supermarket and carts icons surrounding it. Whether you are a cashier at a clothing store, a sales associate at a gas station, a manager of a multi-unit big box department store or a butcher in the grocery store, you will need to use math daily while working in the retail industry. In this course, you will explore the fundamentals of retail math and how it is used in your day-to-day job.   This course has the following objectives: Define basic retail math. Recognize different basic math fundamentals such as addition, subtraction, division, and multiplication. Apply math fundamentals to real life problems. Course Duration: 15m Go To Course

Store Safety - Reporting and Investigation Illustration of a magnifying glass on documents and a red cross next to it. Many accidents occur in workplaces every day, and the failure of people, equipment or surroundings causes most of them. Accident investigations determine how and why these failures occur. By using the information gained through an investigation, a similar (or worse) accident may be prevented. This course has the following objectives: Identify the steps in an accident investigation Describe how facts should be collected Recall the characteristics of well-considered recommendations Course Duration: 6m Go To Course Store Safety - Reporting and Investigation Illustration of a magnifying glass on documents and a red cross next to it. Many accidents occur in workplaces every day, and the failure of people, equipment or surroundings causes most of them. Accident investigations determine how and why these failures occur. By using the information gained through an investigation, a similar (or worse) accident may be prevented. This course has the following objectives: Identify the steps in an accident investigation Describe how facts should be collected Recall the characteristics of well-considered recommendations Course Duration: 6m Go To Course

Store Safety - Promotions and Committees Illustration of Store Safety Promotion. Safety is a team effort that requires the coordination and commitment of the entire staff. A great safety program will not work if associates are unaware of it. In this course will you how to promote and inform associates about safety as well as how to create safety committees within the store. This course has the following objectives: • List ways to promote workplace safety. • List the requirements and functions of a safety committee. Course Duration: 15m Go To Course Store Safety - Promotions and Committees Illustration of Store Safety Promotion. Safety is a team effort that requires the coordination and commitment of the entire staff. A great safety program will not work if associates are unaware of it. In this course will you how to promote and inform associates about safety as well as how to create safety committees within the store. This course has the following objectives: • List ways to promote workplace safety. • List the requirements and functions of a safety committee. Course Duration: 15m Go To Course

Store Safety - Fire Prevention Illustration of a flame and a shopping cart inside. It is important that all food retailers comply with fire prevention requirements and train their employees in fire safety. This course will cover the basics of fire safety and prevention to protect employees as well as customers in the store. This course has the following objectives: • Identify potential factors which cause fires in the store • Describe the elements of a Fire Prevention Plan (FPP) • Explain the procedures for fire preparedness • Recall the process on how to operate a fire extinguisher Course Duration: 10m Go To Course Store Safety - Fire Prevention Illustration of a flame and a shopping cart inside. It is important that all food retailers comply with fire prevention requirements and train their employees in fire safety. This course will cover the basics of fire safety and prevention to protect employees as well as customers in the store. This course has the following objectives: • Identify potential factors which cause fires in the store • Describe the elements of a Fire Prevention Plan (FPP) • Explain the procedures for fire preparedness • Recall the process on how to operate a fire extinguisher Course Duration: 10m Go To Course