What is the floor price for Adult Athletic items?

The floor price for Adult Athletic items is established to ensure that products are sold at a minimum price point that supports both profitability and brand positioning. A floor price of $20 typically reflects the cost structure involved in sourcing, producing, and retailing athletic footwear and apparel. Setting this price helps maintain a perception of quality and value among consumers, as well as ensuring that operational costs are covered.

This pricing strategy also aligns with industry standards for athletic merchandise, which often includes performance-focused features and materials that justify a higher price point. It's important for managers and staff to understand this aspect of pricing as it impacts inventory management, customer perceptions, and overall sales performance.