What is the floor price for Women's items?

The floor price for Women's items is established at $10. This minimum pricing is crucial for maintaining a certain level of quality and profitability, ensuring that the items offered meet customer expectations while allowing the business to sustain its operational costs. Setting a floor price helps in establishing perceived value, as pricing items too low could diminish their worth in the eyes of consumers and potentially harm the brand's reputation. A floor price of $10 strikes a balance that allows the store to compete effectively in the market while also ensuring that customers receive products that reflect quality and durability. This pricing strategy can foster customer loyalty and repeat business, important factors for a successful retail operation.