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Retailing in any industry today can’t rest on its laurels. Customers expect to be met through a variety of channels, and may even purchase products through several of those channels. Even customers with a...
Clienteling is the process of getting to know your retail customers better so you can sell them more merchandise. The following six factors influence the process to boost sales and make it more profitable....
If you’re in the retail business, or wholesale business for that matter, it could be easy to forget that wholesalers and retailers have a lot in common. For instance, both must carry product in...
Retailing is no longer a single-brand business. Many retail operations today exist side-by-side with sister retailers. So it makes sense to integrate the accounting practices for each retail business under the same umbrella. The...
A payment gateway, or e-commerce gateway, is an essential tool for any retail operation that plans to offer products through an online store. Whether your retail operation is an online-only storefront or you have...
Your retail chain deserves to be profitable. In order to maximize profits and minimize expenses, you’ll need the right retail operations software tools. The below five qualities are all characteristics any retail operation should...
No matter what kind of retail store you manage, flexible planning is essential to profitability, better customer service, and effective retail operations management. Here are four distinct ways to make your retail open-to-buy planning...
In retail, product management is one of the most important operational concerns. If you don’t manage your inventory effectively, you could have tons of losses, which eat into your profits, spend countless hours looking...
Merchandising is the art of promoting retail merchandise for sales. There are a variety of techniques that can help retailers move merchandise through the supply chain to the customer, but you’ve got to keep...
Whether you operate a regional fashion retail chain or a local sporting goods store, mobile point-of-sale (POS) terminals are increasingly becoming more and more essential. The reason is quite simple. People are buying things...
