Retail Pricing MatrixAccurately Calculate Gross Margins and Determine PricingIn an environment of rising commodity prices, it’s more important than ever to carefully and accurately manage your profit margins. Use this tool as a quick and easy reference tool to determine gross margin based on current costs and retail prices.Continued volatility means that all segments of beef community should be prepared to aggressively manage for profit margins. Today’s market conditions requires retailers to quickly establish retail prices while accurately calculating gross margins on selected sub-primals of beef. Use the checkoff-funded Retail Pricing Matrix to offer your customers steaks and roasts at favorable prices that meet your gross margin targets and increase sales and profits. This matrix is based on common cutting techniques and retail cuts. Pricing information is available on these sub primals:
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Additional Resources:Cut Yield and Profitability ToolWholesale Price Update Top 10 Cut Lists Shopper Insights |