Strong, positive cash flow is a must for any thriving retail establishment. The benefits of positive cash flow are numerous.
Browsing: management
With the economy always in flux and shopping behavior fickle, small retail businesses must keep their eye on making sales, but also keeping costs down. This…
When a store is able to procure off-price merchandise from a supplier, it can serve to generate several benefits.
New technologies will come and go, opening new windows of opportunity for theft, fraud and loss.
While you may not have the budget to do a complete signage overhaul, there are several cost-conscious ways to boost your business’s visual communications strategy in…
Retailers, while not acclaimed fortune tellers, quite often are asked to predict the future. How much inventory must be purchased to meet demand? Will markdowns be…
Inventory balance is an evolving science, and at times a game of luck. For retailers, decisions on inventory purchases, often made months before items actually hit…
Establishing ideal delivery start and completion dates for inventory orders can be just as important as price points.
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.