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No matter what kind of retail store you manage, flexible planning is essential to profitability, better customer service, and effective retail operations management. Here are four distinct ways to make your retail open-to-buy planning...
Jewelers are unique among retailers. There are several characteristics of jewelry retail stores that make them unique in the retail sector. Here are four unique qualities that jewelry retailers have that your typical retail...
As a retailer, you need to make hard decisions in 2019. How do you maintain foot traffic in your retail stores? How do you increase revenues across all of your channels? How do you...
Retail is no longer strictly a brick-and-mortar business. No matter what kinds of products you sell, from children’s toys to services, you will undoubtedly have some customers who want to buy from you online....
Earlier this year, J.C. Penney announced it wanted to make its department stores smaller. We can understand why. There are a lot of pressures pushing back against large department stores. Here are just a...
Supply chain management for retailers is a topic that deserves more than a single blog post, but it does bearing mentioning that you should be controlling your inventory rather than your inventory controlling you....
In retail, product management is one of the most important operational concerns. If you don’t manage your inventory effectively, you could have tons of losses, which eat into your profits, spend countless hours looking...
Merchandising is the fine art of showcasing your products so that you sell more of them. It’s more than just putting products on a shelf, but it does entail that. For sporting goods retailers,...
Merchandising is the art of promoting retail merchandise for sales. There are a variety of techniques that can help retailers move merchandise through the supply chain to the customer, but you’ve got to keep...
Managing a retail chain is loaded with challenges. There are so many moving parts that have to be managed that it can’t all be done by one person. However, with the right operations management...
Footwear retailers need feet. That is, you need people walking into your retail stores, trying on your shoes, and walking out with at least one pair. That’s how shoes are sold. But the selling...
