What is the floor price for Children's Brown items?

The floor price for Children's Brown items is established at $10, which reflects the minimum allowable price for selling these items. This pricing strategy is typically designed to ensure that products maintain perceived value while also adhering to pricing policies set by the company. Setting a floor price can help avoid undervaluing the products, providing a balance between competitiveness and profitability. In the retail industry, particularly in a specialized market like children's footwear, maintaining appropriate price points is essential for sustaining brand reputation and customer trust.