Liquidation products can be more challenging to merchandise than brand-new, factory packaged goods, but they can also be highly profitable. Great merchandising of liquidation products can make the difference between a successful discount store and one that struggles to turn a profit.
Author: Publisher
For independent retailers, standing out from the competition is the key to survival. But when you do not have the budget to compete with big brand counterparts, leaving your mark is not always easy, especially when it comes to following the latest trends in store and retail design. As customers become harder to please, and increasingly desensitized to what they see at retail, indie retailers need to think of new and exciting ways to capture passing footfall.
Anyone who has been to the American International Toy Fair in New York City will agree that opening day is a lot like Christmas morning, with many exciting things to see. This year’s show certainly did not disappoint. Hundreds of thousands of amazing new toys, games and youth entertainment products from more than 1,150 companies filled a record breaking 414,060 net square feet of exhibit space.
Buying and selling American handmade items can make your retail business stronger, and expand your customer base. Drawing new people into your store becomes easier when carrying exclusive and unusual products that customers can’t find elsewhere.
New York Fashion Week (NYFW) Fall/Winter 2014 revealed new colors, shapes and designs that will shake up your product selection, and enhance your customers’ wardrobes. As fashion moves away from delicate and dainty, it ventures boldly into bulky looks and strong colors that scream, “Look at me!”
SJT Enterprises, a consumer products company, has introduced a new series of decorative wood plaques with a “primitive” or rustic look to them. Like all SJT’s products, the new plaques are made in the USA. The plaques measure 5” x 10.” Wholesale price is $2.97 and suggested retail is $7.99 to $9.99.
Self Defense Supply distributes a huge assortment of knives, blowguns, stun guns, pepper spray, survivalist gear, security systems and more. While the firm started out selling only self-defense items, it has expanded into other categories and now carries more than 4,000 products.
Your day as a retailer starts like any other; you tidy up the store, open to a bright shiny day, and happily begin selling your products to a loyal following. When, just a few hours in, a customer is standing at the point of sale prepared to make a sizable purchase. However this time something is different: you swipe their card and nothing happens. You try to connect to a supplier’s website and it does not work either. In the pit of your stomach a feeling comes over you that you know all too well. The Internet is down…
Specialty retail is a promising category for small business operators. Whether starting a new business or expanding into another product line, carts and kiosks offer retailers the opportunity to run rewarding businesses in choice locations.
Smartphones and tablets are changing the way consumers shop, and ecommerce retailers need to be ready with mobile shopping solutions. Shopgate is a leader in developing mobile websites for smartphones and tablets, and also produces special apps for iOS and Android devices. Founded in 2009 by the two CEOs, Ortwin Kartmann and Andrea Anderheggen, and Dieter Kartmann, CSO, the firm now serves around 5,200 merchants.