As a retailer, it’s your job to understand all the details of sales and the metrics that come with it. Even if you just run a small boutique, it’s important to understand the difference between net and gross sales. Once you have them figured out, it can help your overall business strategy. Read on for Read More …
Summer is right around the corner, and not only do customers want to get rid of the winter blues, but retailers do as well! Summer tends to have more foot traffic, impulse purchases, and shoppers mainly looking for better shopping experiences. This is a golden opportunity for retailers to target these specific audiences and create Read More …
Retail reset is used a lot amongst retail managers, merchandisers, and store owners. It’s a great strategy when done right for keeping stores fresh and relevant. But what exactly goes into a retail reset? This blog post will discuss its benefits and how it can make your business profitable. Read more here! What Exactly is Read More …
To help combat the spread of COVID-19 and maintain business as (close to) usual, many retailers and restaurants have implemented a curbside pickup option for customers. If you have contemplated doing the same, but aren’t exactly sure where to start, you’re in luck. In this post, we are going to dig into the mechanics of Read More …
There are many goals in business, with sales and customer retention (e.g., repeat business) and impulse spending being the top among them. If you’re not making money, you’re not going to be in business for very long. It’s always nice when customers enter your retail store looking for specific items and find what they want, Read More …
Clearance sales are a necessary part of any retail operation, and when they’re successful, both you and your customers reap the benefits. Stores have the opportunity to move out a lot of old inventory and replace it with a new, full-priced inventory. Shoppers get a great deal on items they may have been on the Read More …
The turning of the year is a time for personal resolutions. Thanks to the endless feasting associated with end-of-year holidays, one of the most common New Year’s resolutions is to lose a few pounds and get in shape. In other words, a lot of people are flocking to join local gyms, eager to get started Read More …
Humans are naturally curious creatures, and in our spare time, we like to travel to fun destinations in search of friends, adventure, and something new. We don’t just head to big cities, either. Plenty of people enjoy visiting small towns and coastal villages to escape the stress and hectic pace of life in urban environments. Read More …
When customers walk into a hair salon, nail shop, or spa, they’re not only looking for top-notch grooming; they also want to relax and leave the stress and demands of their busy lives behind for a little while. For this reason, every element of your decor needs to be functional and contribute to an overall Read More …
As the saying goes, the early bird gets the worm, and the same can go for retail planning. In retail, this means planning ahead for upcoming events so you can promote in advance to boost awareness and interest and then hit the ground running when the date arrives. Even though it won’t start up again Read More …