Lower your costs and increase your revenue. Just about every retailer would agree that’s a great formula for success. But how do you make it happen?

There’s no single, one-size-fits-all solution. Sometimes you need to make major changes; other times the path to greater profitability is paved with a series of micro adjustments to your business.

The first clue to finding the answers might just lie in your financial statements. If you’re watching your numbers closely, you can usually tell when something is amiss.

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