Customer Input Guides Apparel Retailing
One of the saddest displays in a retail business is the rack of clothing nobody wants. It sits there in the clearance section getting discounted into oblivion until someone decides the price is right...
One of the saddest displays in a retail business is the rack of clothing nobody wants. It sits there in the clearance section getting discounted into oblivion until someone decides the price is right...
There has never been a better time to be a specialty retailer. Why? Because technology has moved into the realm of the individual, giving anybody with a mobile device the ability to shop globally...
There is a lot happening in retail right now because so much is happening in the wireless world. In latest retail trends, Mobile devices are changing the game for shoppers, putting them in control...
Every retailer needs a USP — Unique Selling Proposition — in order to compete. According to businessdictionary.com, the USP is defined as a “real or perceived benefit of a good or service that differentiates...
This is a busy season, and for retailers it is easy to be overwhelmed with the details. Home Decor for the holidays is an entire category of challenges and it isn’t any different for...
Wholesale management can be a real headache if the tools used to keep track of all the details are inadequate. Without a way to process orders, monitor client or inventory status, and keep an...
Mistakes in accounting can turn a profitable retail giant into a nightmare monster. Just ask Dave Lewis, the guy given the unenviable task of turning Tesco around after an accounting scandal rocked investors. While...
Technologies that can handle big data in real time and allow for a granular view of the customer will take center stage in 2015. Operators need a more comprehensive, current and actionable view of the...
Without a workable store budgeting process, retail management is futile. It’s futile, because the necessary cash flow to keep the items on the shelves and payroll, etc. is easy to mess up without proper...