Independent retailers have found a profitable niche in the sale of unique gifts that express thoughtfulness and sentiment, but most importantly stand out from the cookie…
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The formula for open-to-buy (OTB, a financial budget for retail merchandising) planning is not difficult. To start, look at planned sales. Where do they come from?…
Establishing ideal delivery start and completion dates for inventory orders can be just as important as price points.
The NRF hunts to find the best retail stories in America via a video contest.
While not classified as shrink, hidden losses are just as detrimental to the retailer’s bottom line as theft.
Every merchant should resolve to sell more merchandise more quickly each and every year.
Book and physical inventory should be monitored at the store and classification level. Several things can cause a disparity between these numbers.
Mobile ad network Jumptap and comScore reveal the top selling products bought with mobile devices.
With the help of biometrics, brick and mortars aren’t relying only on their sales numbers to solve problems.
Without proper analysis of your financial situation, new year predictions are nothing more than uneducated guesses.