|
|
23 Dec 2008
By Staff writer
Although most retailers found the implementation of the change in their finance systems was fairly painless, they took a hit totalling several thousands of pounds from the cost associated with changing price tags, communicating price changes and setting a round number price point to items. Some of this additional cost also came from customer refunds.
In a poll conducted in December, Coda said it found many of its retail clients – which include big high street retailers such as Debenhams, Ikea and Next – did not believe the VAT cut would have any effect on Christmas sales and said these business would face the same problem when VAT rates were restored in 2010.
advertisement
Have similiar articles delivered to your email box
Our experts provide practical solutions to a number of challenges associated with successful cash management
This webinar assesses methods to ensure you have the internal processes fine tuned to monitor compliance with published standards in corporate and financial governance
advertisement
Email Newsletters
Email Newsletters
Please enter your email below to receive your profile link
advertisement
Search by job title, salary, or location - we only list senior financial roles
The Financial Director Summit 2012 will provide a unique platform in which to share, compare and contrast experiences whilst learning and networking with peers
Our experts provide practical solutions to a number of challenges associated with successful cash management
This paper delves into the many benefits that can be obtained by automating the supplier statement process
UNIT4 works with a huge variety of different organisations across several sectors, and this guide has been built on its experiences and knowledge.These tips will provide you with the tools you need to improve
David Cameron’s veto of the EU Treaty has been hailed as protecting UK business, but will frosty relationships with the EU harm trade, asks Neil Hodge...
