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Post Info TOPIC: Policy
Anonymous

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Policy
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Anyone know what the official policy for markdown is?



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depends on what you are talking about and departments. Meat department is level 1 (10% ) level 2 ( 20%) and a final markdown or level 3 ( 30%) on any type 09 items. All items are to be marked as it with the correct price. Not taking a ribeye on sale that it cheap and marking everything as that or takine a level 1 marldown on one iten 20 times and slapping than lible on 20 differant packages to same time and move items out.

If you have a $20 steak and it has had a level 3 markdown then you can do another level 3 markdown buy manually punching in all the numberswith the level 3 price in it and go again. That will insure the integraty of your item sale and scan outs for CAO records.

lunchmeat is to be marked down going 10 days out and stay above cost.Each item to have its own scan item. Haveing 5 varieties of OM hot dogd with a total of 20 packs to be marked down, means you do not mark them all as the same variety 20 times. That will **** up your CAO recors.



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Anonymous

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Im referring to grocery and pershiables like yogurt,cheese..etc



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10 days on all dairy, with the exception of milk. Milk is (todays date) + 8 to markdown, then the next day you have to toss it (or donate).

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Anonymous

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on bakery it's roughly half off and what goes out tomorrow gets marked down today and donated or tossed if not sold (after scanning out as loss of course)



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grumpy1 wrote:

depends on what you are talking about and departments. Meat department is level 1 (10% ) level 2 ( 20%) and a final markdown or level 3 ( 30%) on any type 09 items. All items are to be marked as it with the correct price. Not taking a ribeye on sale that it cheap and marking everything as that or takine a level 1 marldown on one iten 20 times and slapping than lible on 20 differant packages to same time and move items out.

If you have a $20 steak and it has had a level 3 markdown then you can do another level 3 markdown buy manually punching in all the numberswith the level 3 price in it and go again. That will insure the integraty of your item sale and scan outs for CAO records.

lunchmeat is to be marked down going 10 days out and stay above cost.Each item to have its own scan item. Haveing 5 varieties of OM hot dogd with a total of 20 packs to be marked down, means you do not mark them all as the same variety 20 times. That will **** up your CAO recors.


 Lunchmeat can also be marked down at 1/3 of the cost if its within 10 days of expiration. If an item has 2 - 3 days left before going out of date I usually take this route. Example. If the base cost before markup is $10.60 i'll mark that product down to $3.53 - $5.99 depending upon what it is. If I know the product is slow moving or doesn't move very well at markdown i'll put it down at 1/3 base cost to make sure it sells and we get some money back rather than none.



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Anonymous

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I wish we had a document that would be the true Kroger policy. Seems that different co managers have different ways they instruct you to do markdowns. I have been told to bypass level 3 by reweighing it on the scale at a real low price, and sell it that way. Not! This would screw up Kroger having accurate information regarding how well a product is selling. This is why I would like a true Kroger policy regarding how markdowns are to be done. I was told never to use level 3, why have it then.



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