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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...
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...
Retail analytics are a necessity in today’s omnichannel environment. With e-commerce having achieved maturity and growing in importance every day, retailers of every stripe and size are realizing the importance of tracking key performance...
Retail chain operations managers can make their stores and chains more profitable simply by understanding the retail product life cycle better. In general, there are five distinct life cycles for any retail product. Below...
Home decor retailers have special challenges that can be addressed with a centralized retail operations management solution. Here are six management challenges that any home decor retailer can address to increase profits, customer retention,...
Retail operations managers must be able to look at hard data, analyze, and evaluate the chain operations to ensure efficiency, profitability, and effectiveness. To ensure your retail chain is operating at max capacity, you...
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...
When you have the right retail analytics solution in place, your whole world benefits instantly. ChainDrive understands why retailers need the best possible information about their businesses. When you have the right analytics tools...
Jewelers have a tough task. Besides being retailers, they’re also in the business of creating new products, appraising precious jewels, and making people happy. Here are four ways to be more efficient at running...
Retailing in any industry today can’t rest on its laurels. Customers expect to be met through a variety of channels, and may even purchase products through several of those channels. Even customers with a...
