M1 Shines


 In this month’s “Merchant Prophet”, Norton Ditto’s success is discussed: “(Dick Hite) knew that the key to turning around Norton Ditto’s fortunes would be based on implementing an effective Open to Buy plan to increase their profitability. One of the most important relationships he developed was with Management One®, one of today’s best retail management consulting groups, to develop a rapid ROI (Return on Investment) strategy to maximize the two largest assets of Norton Ditto: their people and inventory. Mr. Hite stresses that the key to effective planning is a disciplined commitment to “following the plan.”