Tagged: department store management
There is a big push in some circle to “decentralize” operations. This typically is spoken of in reference to department stores, but refers to some aspect of blockchain technology or some crypto-something lingo. The...
Technology has become an intrinsic part of our lives. Today, most businesses are built entirely around a specific technology platform. Department stores, while they’ve been around for decades, can employ some of the latest...
A wise man once said there is nothing new under the sun. That may be true, but it’s also true that nothing remains. When it comes to department stores, there are chains that once...
Department stores have many challenges that are retailers don’t face. One of the primary challenges is managing multiple lines of inventory for the various departments within your store. It’s sort of like having multiple...
Operations management for a large department store, especially for a chain of large department stores, can be quite a challenge. When you sell merchandise in many different product categories–such as sports, clothing, toys, furniture,...
There are some who feel that the department store is becoming obsolete. This isn’t actually true, but it could be if department store managers ignore their core customers when working to keep the store...
Why do people shop at department stores? Or to make it pertinent, why do people shop at your department store? To get the answer to this all-important question, many department store managers turn to...
Although we have often discussed the many applications of ChainDrive in the more popular or widespread areas of retail, such as apparel or department stores, we should also mention that ChainDrive is an effective...
Jewelry stores are a fairly unique type of retail business. The process of buying jewelry is often much more personal and customized than other types of purchases; as such, jewelry retail professionals need to...
Although jewelry retail may be a fairly specialized business with specific target consumer bases and limited square footage, managing one of these businesses successfully is no easy task. Each item in your inventory is...