Browsing: consumer spending

Good retail is dependent upon a variety of factors, but ultimately comes down to powerful and actionable strategies designed to maximize sales. Running an effective business is much more complex than a case of opening a store and hoping for the best.

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Each passing day is bringing you closer to the busiest shopping season of the year. Last year, online sales reached over $54.5 billion in November and December, according to eMarketer. The National Retail Federation expects a 13 percent increase in online retail sales this year. It is important to plan for Black Friday, Cyber Monday and the last minute Christmas Bonanza as early as possible.

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Independent retailers are stocking up for holiday sales, and toys for children are a big part of many merchants’ gift inventory. The Best Toys for Kids 2013, presented by The American Specialty Toy and Retailing Association (ASTRA), names toys that promote creative play, incorporate innovative design features and maintain exceptional safety standards. ASTRA’s list names the following 21 toys in 13 categories:

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Retailers saw gains in July, specifically in many back-to-school categories like clothing and sporting goods, as July retail sales excluding automobiles, gas stations and restaurants increased…

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