Retail Insights

Read and share our blog on all things retail, by our retail experts. 

Justin Ellery Justin Ellery

10 Common Mistakes in Inventory Planning

Effective inventory planning is critical for the success of any retail business. However, many businesses struggle with common mistakes that can lead to overstocking, stockout’s, and financial losses. Here are 10 common mistakes in inventory planning and how to avoid them…

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Justin Ellery Justin Ellery

Guide: Essential Skills for Retail Success

This comprehensive guide explores the fundamental skills necessary for thriving in the retail industry. It focuses particularly on retail inventory planning and provides practical tips and insights for retailers aiming to refine their craft and elevate customer satisfaction and loyalty levels.

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Justin Ellery Justin Ellery

Retail Success: Mastering the Art of Inventory Management & Planning

This article delves into the essential strategies for optimizing inventory levels, drawing from industry best practices and expert insights. Plus, you’ll learn how Management One can revolutionize your retail operations with customized solutions tailored to your specific needs.

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Justin Ellery Justin Ellery

Open to Buy Planning: A Retailer's Guide to Inventory Success

Mastering Open to Buy planning is about strategically managing your retail operations to enhance profitability and ensure customer satisfaction. By understanding and effectively implementing the principles of OTB, retailers can optimize their inventory processes to not only survive but thrive in the competitive retail market

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Justin Ellery Justin Ellery

How to Grow in Q2

Right now is an especially opportune moment to look at where you are, and establish where you want to end in terms of a cash and inventory position on July 31st. The ultimate success you will achieve for the fall and holiday season are dependent on where you sit on August 1st.

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Justin Ellery Justin Ellery

The Miracle of Compounding in Retail

Compounding is not limited to just investments. It relates to knowledge, skills, and relationships. How often it is said, I only wish I knew then, what I know now. For indie retailers the results can be the same, and frankly, quite astonishing

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Justin Ellery Justin Ellery

How the Right Questions Lead to Growth in Retail

Remember what Albert Einstein said: “If I had an hour to solve a problem, I would spend the first 55 minutes determining the proper questions to ask, for once I know the proper question, I can solve the problem in less than five minutes”

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Justin Ellery Justin Ellery

7 Blind Spots That Hinder Your Business

For indie retailers to grow, they require leadership from the owner. A leader suffering from these seven blind spots is not operating at full capacity. Recognizing and addressing these blind spots is essential.

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