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Online retail is driving brick-and-mortar companies out of business, and impacting several industries across the board. The Cheatsheet listed some of those business last year: Borders Books, Tower Records, and Circuit City, to name...
Wholesalers have a special mission in the pantheon of consumer goods movement. The business model is different than that of retailing. If you’re going to be a successful wholesaler, you need to understand how...
Price management involves more than just changing prices for Christmas and changes of season. It’s an ongoing retail operations task that is best done by a long-term strategy in mind. If you want to...
Retailing without a point of sale is like flying a kite without a string. You need a location where you meet the customer face to face to take of the details of the transaction....
Eyewear retailers have a special relationship with their customers. Once a person needs glasses, they’ll require them for the rest of their lives. If you take care of your customers, you’ll keep them for...
Understanding your customers is one of the most important aspects of retailing. No matter which sector of retailing you’re in, you should know the following seven things bout your customers–at a minimum. How much...
Wholesale operations are easy to improve with the right tools. The one essential tool that can make any wholesale operation better is an operations management solution. ChainDrive has unique features that allow wholesalers a...
Real-time inventory monitoring is a key feature of the ChainDrive E-commerce Gateway. But what are the benefits of this monitoring? In a word, it saves retailers money. Here are 6 powerful ways you can...
Every retailer anywhere in the world has to grapple with managing products. Each retail operation is different, so there may be different techniques and different methods of managing these four aspects of your inventory,...
Centralized product management allows you to manage your inventory efficiently, effectively, and profitably. Here are 5 ways centralized product management is better for your retail chain. Real-time inventory status – With centralized product management,...
