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Managing retail operations holistically means focusing on each aspect of the business and managing each essential element of the operation effectively and efficiently. To be profitable, you can just focus on the business as...
With the Internet making the world smaller, competition in retail is becoming increasingly fierce. Today, we’ll focus on seven ways you can improve your retail operations regardless of the retail sector you serve. Increase...
Retail business intelligence is the collection and analysis of key data that retailers can use to impact revenues, profits, and effectiveness. It primarily involves three key components: Collecting the right data Delivering that data...
There are a lot of moving parts in the managing of retail operations. And the bigger your retail chain, the more moving parts you have. To manage your retail operations more efficiently and profitably,...
All sectors of retail are challenging and competitive, but there’s something about the apparel industry that makes retailing especially competitive. For one thing, customers are picky about their clothes. Everyone wants to look good,...
The point of sale is the most logical place to communicate with customers about their buying habits and who they are or what they want from your store. Unfortunately, not all retailers are using...
There may be some who would say that the most important moment in marketing is the point of sale, because that is when the commitment of purchase is made. But while that is an...
What do footwear shoppers really want when they come into a store or go online searching for that perfect shoe? The wide variety of answers to that question complicate the challenge of footwear retailing....
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...
The key to great customer service in today’s retail climate is through customer relationships. Every retailer can improve their customer service drastically just by implementing a few customer relationship management (CRM) processes across the...
