by Mark Hook When a small-to-medium sized merchant experiences rapid growth, its profit margins might go up, but its back office operations often go into meltdown.…
Browsing: inventory
Technology plays a huge role in successfully running a business. Especially in today’s world where customer data is essential in order to personalize the shopping experience,…
by Mark Hook From ports clogged with containers and raw materials running low, to factories shutting down and truck drivers being in short supply, retailers have…
by Kenny Tsang Inflation in the US has skyrocketed, reaching the highest level in the last 40 years. This has led to unrest among American consumers,…
It’s January, so that means after all the Christmas returns are handled and your store has been put to rights again, it’s time to do your physical inventory and figure out exactly where you are in real time vis-a-vis your merchandise stock.
Is your cash tied up in unsold inventory? If so, the following questions should be addressed: How did it get there? What can be done to…
by Joe Zalta Ecommerce may steal the headlines in today’s retail world, but more than 90 percent of retail sales in the United States still occur…
We all know that Amazon dominates the ecommerce world. So much so, that they created their own two-day shopping event, this year taking place June 21-22,…
The COVID-19 pandemic created a situation where customers had little choice but to shop online, which caused a number of mission-critical challenges for retailers. From closing…
by Simon Perkins Along with unprecedented health crises caused by the ongoing pandemic, retailers around the world are facing enormous business challenges: the collapse of customer…