Tagged: key performance indicators
Success in retail is dependent upon a number of factors. One of those factors is your analytics package. You should ensure that you are measuring the right performance indicators and that you are using...
Key Performance Indicators (KPIs) in retail help businesses plan and budget for the future. You should have KPIs for each aspect of your operation, but it helps to understand the benefits to having KPIs...
You know the old adage, you can’t change what you don’t measure. It’s true. If you want to impact change within your retail chain, then you need to get in the habit of collecting...
Budgeting for your retail stores can get a little complicated if you aren’t using the right tools. of course, you have to also be tracking and monitoring the correct information. Here are 5 key...
The key to a profitable retail chain is effective operations management. Of course, you can have individual stores doing well due to effective management at the store level, however, if you want your chain...
It’s no secret that the online and mobile retail markets have been growing exponentially over the last ten years. Where before, online-based purchases were for specialized items only, now people are ordering everything from...