Between COVID-19 and the increasingly competitive retail landscape, attracting traffic to your retail location is quite a challenge. And while traditional ways of driving foot traffic — like window displays and word-of-mouth — are still effective, you can’t rely on them...
To say that 2020 was a challenging year for retail would be an understatement. Because of COVID-19, shelter-in-place retail and orders shutdowns, overall sales in March were down 6.2 percent year-over-year. That monthly fall is the biggest ever recorded, which makes...
Editor’s note: COVID-19 has radically changed the retail landscape. Classic selling tactics may work not as well as before, so we’ve added new recommendations to help boost your retail sales. We all know this is a challenging time for retailers, so...
Much like most organizations, the success of a retail business depends on the unity and orientation of three crucial elements: people, process, and technologies . This is particularly true once you’re running several retail locations. With numerous moving parts, shops, and...
Running a retail store takes a lot of work. Store owners and managers find themselves wearing several hats, and doing everything from taking care of customers, to counting stock, and to crafting engaging product displays. “Busy” is often an understatement in...
Running a multi-store retail company isn’t a walk in the park, but with the perfect tools, process, and people, you might realize the tasks that include managing several stores are really very doable. In the next paragraphs, we’ll discuss some of...
When a product starts selling well, it is common practice in retail to stock on that product. But a random spike in sales might be misleading false alarm and stocking up on products based on a gut feeling can become quite...
If you operate a retail business of any size, from a little boutique to a massive chain, you are going to have to invest at a point of sale software system. Why? Since POS systems are about more than simply getting...
On the lookout for a method of speeding up the check out procedure in your supermarket? Point of sale, or POS, scanners can help you a long way. Having barcode or tag scanners will choose the item and price information and...
You need to admit, long gone are the times when the earnings in a store were made by the person behind the counter by composing the merchandise sold and the price in a laptop. The demand for accurate accounting, the thorough...
