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According to the National Retail Federation, one of the top 12 trends for back-to-school and college 2023 is procrastination. In fact, 30% of back-to-school shoppers are waiting until a week or two before school starts...
Once upon a time, retailers were limited to the time zone their brick-and-mortar store was in. Geography and time zones limited retailing until phone operators and catalogs opened up the “call in your order...
There are some things that every retail operation has in common. One of those is the need for omni channel retail analytics. After all, you can’t change what you don’t measure, as the saying...
Everyone knows retailers need a good management solution. One of the biggest myths about wholesaling is that it works just like retailing but with cheaper prices. From a business perspective, wholesaling is very different...
One of the biggest challenges for retailers today is integrating their e-commerce store with their traditional brick-and-mortar operations. If you think selling on the Web is an apples-to-apples comparative operation to brick and mortar,...
Merchandising is both an art and a science. There are retailers who can make it look easy, then there are retailers for whom it is a big cinch. It can be a lot easier...
Controlling product prices has its challenges, but it’s not as difficult as it seems. You can keep your prices at an optimal level without cutting prices and losing money. Here are 5 proven ways...
One of the most challenging types of retail businesses to operate is an apparel business. Whether you specialize in men’s fashions, women’s fashions, children’s clothes, or you sell all kinds of apparel, you have...
The point of sale (POS) is the place where your business is made or broken. Sure, your profit is wrapped up in the merchandise. You make the money when you buy the product. You...
As a retail operations manager or open-to-buy professional, you are always looking for a more streamlined way to plan your operations and product purchasing. One of the best ways to get more efficient at...
