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Retail Insights
Read and share our blog on all things retail, by our retail experts.
Letting Go of a Familiar Way of Doing Business
Not letting go of what has worked or classifications, products and vendors you believe in emotionally is challenging for many business owners.
10 Things Indie Retailers Need To Do To Maximize Sales This Spring
To ensure you make the most of the spring season, here are ten (10) essential strategies to maximize your sales…
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.
Spring Break Splendor: Ensuring Success While You're Away
Since school will be out for most students in the next 8 to 10 weeks, and Spring has arrived, making and preparing vacation plans for many families is underway. It’s important to keep this in mind…
Lean is Green: How effective inventory planning benefits the environment and your bottom line
In this complex retail landscape, the advent of advanced inventory planning software offers new efficiencies to bridge the gap between surplus and scarcity.
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
Am I Prepared to Handle Risks I Can’t Even Envision?
Indie retailers are entrepreneurs. Baked into our DNA is the need to build and create. That requires an element of risk. Focusing on the unpredictable however, is not the best use of your time and energy.
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”
Maximizing Growth Potential: The Importance of Cash-on-Hand for Retail Success
The question often comes up: How much cash should I have in the business? It is not only a good question but also a good goal to achieve. Having adequate liquidity enables peace of mind, creating better focus on managing your business…
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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