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Author: Publisher
The August 2014 issue of Independent Retailer Magazine features Trends To Help Grow Your Store that include the latest developments in back to school, online tactics, gift card revenues, and fall jewelry and fashion.
Every retailer has dealt with excess inventory in some capacity. You know, that purchase you were excited about, but your customers didn’t feel was a good deal? The one that has been sitting on the shelf getting price reduction after price reduction, but just isn’t moving? Many retailers walk away from such purchases and consider them a loss, but they don’t have to. The following solutions offer five ways to clear slow moving inventory, while creating marketing opportunities for your business.
Retailers are in full back-to-school mode, and with good reason. More than 50 million students will be going back to school this year, and many will need school supplies, clothes and other items that will be purchased during the summer shopping season. This typically runs from Memorial Day to Labor Day, making it the second busiest shopping event of the year.
The ASD Las Vegas Style & Beauty Show, taking place August 3-6 is one of the largest fashion accessories shows in the USA. The segment is located in the Central Hall of the Las Vegas Convention Center and showcases over 750 companies exhibiting across 200,000 net square feet. Independent Retailer spoke with Darnell Botts, Show Director, Style & Beauty/Jewelry, on what buyers can expect to see at the upcoming show.
Erazor Bits, now in their 20th anniversary year has been making custom silkscreen graphics since 1993. The company specializes in military, firefighter and emergency medical services novelty T-shirts and glassware.
Pacific Link Wholesale Sunglasses, established in 2001, designs and wholesales a vast array of sports and fashion sunglasses. From shatterproof to chic, original, high quality styles are offered at the most competitive prices, says David Chen, president. The company’s products sell well in all kinds of shops, from convenience stores to upscale clothing boutiques.
For small independent retailers with less than 10 employees, going digital often ranks low on the priority list, but in today’s always-on world, businesses that don’t take steps to improve their digital footprint are losing out on opportunities to grow and compete more effectively. Going digital can be a daunting task.
There are cave gift shops from California to New Hampshire, with yearly attendance ranging from a couple of thousand people to hundreds of thousands. Some cave gift shops have a handful of items for sale, and others have huge gift shops filled with thousands of items. Cave gift shops also differ because of their location. One may be right outside a major city, while another is hours away from the nearest town.
As retailers gear up for the busy fourth quarter and holiday season, many are looking to find that next big thing or great deal. In fact, that is why many retailers are attending the ever so popular and growing ASD Show. However, once you find that great deal or your best product in years you need to implement a good, strong marketing plan, which could be expensive.