Gift Shop Markdown and Pricing Audit

Inspection template for verifying gift shop price accuracy, markdown application, promotional signage, and clearance posting are correct and consistently displayed.

Audit Setup and Scope

• Audit date, location, and inspector recorded
  Record the store location, audit date, and inspector name or ID.
• Audit scope defined for gift shop departments and promotional areas
  Select the areas included in the pricing audit.
• Reference price list or promotion sheet available to inspector
  Confirm the current price list, promotion sheet, or approved markdown list is available for comparison.
• Inspection path planned to cover all posted price points
  Confirm the walk-through will include all major price tags, endcaps, and markdown signage locations.

Price Tag and Shelf Label Accuracy

• Shelf labels match the current system price
  Verify displayed shelf or peg prices match the POS/system price for sampled items.
• Marked-down items display the correct reduced price
  Confirm markdown labels show the correct sale price and are not overstated or understated.
• UPC or item code on label matches the merchandise
  Check that the shelf label or tag corresponds to the correct SKU, UPC, or item description.
• Price labels are legible, securely attached, and not obscured
  Verify labels are readable, attached in the correct location, and not hidden by product placement or fixtures.
• Price discrepancies identified during sampling
  Enter the number of sampled items with a price discrepancy.

Markdown Signage and Promotion Posting

• Markdown signs are posted at the correct location
  Confirm sale signs are placed where customers can reasonably associate them with the correct merchandise.
• Promotion start and end dates are shown on signage when required
  Verify promotional signs include valid start/end dates or other required effective dates.
• Expired or ended promotion signs removed from display
  Check that outdated sale signs, tags, and promotional headers have been removed from the sales floor.
• Markdown percentage or savings claim is consistent with approved promotion
  Confirm the advertised discount percentage, dollar-off amount, or bundle offer matches the approved promotion.
• Signage is clean, undamaged, and professionally presented
  Verify signs are not torn, faded, handwritten without approval, or otherwise unprofessional.

POS Price Accuracy and Transaction Check

• Sampled items ring at the posted shelf or sale price
  Test a sample of items at checkout to confirm the POS price matches the posted price or markdown.
• Promotion or markdown is active in the POS system when applicable
  Verify the discount is programmed correctly in the register or pricing system for the audit sample.
• Price override or manual adjustment required at checkout
  Indicate whether staff had to manually override prices to match the posted price.
• Number of sampled transactions checked
  Enter the number of checkout transactions or item scans tested during the audit.

Display Condition and Operational Walk-Through

• Merchandise displays are organized and do not block price visibility
  Confirm product placement does not hide shelf tags, sale signs, or clearance labels.
• Aisles and customer walkways remain clear during the audit
  Verify the inspection walk-through can be completed without blocked aisles, trip hazards, or obstructed access.
• Fixtures, signage stands, and display racks are stable and secure
  Check that display equipment is stable and not creating a falling-object or tipping hazard.
• Pricing exceptions documented for follow-up
  Confirm any non-conformances, unresolved price mismatches, or signage issues are recorded for corrective action.