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People today spend more time on their mobile phones than they do their computers or watching TV. That’s a great opportunity for retailers to build customer relationships. As you know, managing your customer relationships...
Controlling the allocation and replenishment cycles of your products is one of the most important aspects of managing a retail business of any kind. Whether you specialize in very specific types of products or...
Merchandising is an integral part of retail businesses of all kinds. Having the right products on your store floors at the right times and being able to make the correct decisions about allocation and...
The accurate control of products and their life cycles is a vital part of the wide range of duties attributed to a retail manager. Stores of all kinds require sophisticated methodologies for allocation and...
When it comes to running a retail business, one of the first things you’re going to want to do is make sense of your products. Once you know what you’re selling and where, there’s...
Assorting your merchandise correctly and having an organized plan for cost, allocation, and replenishment is one of the major steps toward success in any retail environment. You need a system that can handle all...
Preparing your retail merchandise for sale is a multi-step process that begins in acquiring the products themselves. Once you have decided what you want to sell, how much of it you want to sell,...
If you’re dealing with a product that comes in different types or sizes, then you might find that a stock-out in a certain size or variety can skew the results of your sales in a...
