Tagged: profits

retail budgeting

5 Ways to Improve Store Budgeting

Retail stores, and retail chains, are profit centers. In order to turn a profit, you have to shell out money for expenses — overhead, merchandise, payroll, and more. In order to manage the operation...

web order fulfillment

Why Web Order Fulfillment is Essential in 2019

In 2019, web order fulfillment is so essential to retail operations that any retail store or chain that isn’t at least on the way to implementing it will soon breathe its last. In every...

business intelligence

What Can Retail Analytics Help You Measure?

It’s important, in the retail business, to be able to measure your progress to determine if your business is successful, profitable, and growing. But what exactly should you measure? Every retail business is different....

How To Make Retail Reports Both Powerful And Actionable

Reports can be valuable tools providing information, insight, and inspiration, or they can be mind-numbing waves of meaningless words. The secret to making reports on retail analytics both powerful and actionable is using software...

What Do You Do With Your CRM Data?

It’s one thing to be meticulous about capturing all your customer data — the shopping patterns, purchases, demographics, etc. But it is an entirely different thing to know what to do with all that...

Measuring Success With Analytics

Measuring Success With Analytics

You can’t know if you are succeeding unless you are measuring your results. Retail analytics is an area of business that many retailers try to focus on but come up short on due to...

Using the Annotation tool to be thorough and specific

Using the Annotation tool to be thorough and specific

Managing and analyzing your budget can be a difficult process that involves a lot of backtracking and research. You might have good projections of numbers, but sometimes the data doesn’t make much sense, and...

Problem-solving with advanced reporting tools

Problem-solving with advanced reporting tools

ChainDrive’s retail management software is designed to streamline many complex business-related functions and processes. One of its most innovative and in-depth abilities is the use of highly intricate reporting tools that give you a...

Making The Right Changes: Retail Analytics Software

Making The Right Changes: Retail Analytics Software

In a fluctuating market that evolves and changes based on its consumers’ needs, a business will want to have up-to-date, easily digested data and analyses that help display changes in profits and other aspects...

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