No retailer likes to think about injured employees and customers, but it’s something that you need to consider and prepare for. Workplace injuries cost business owners and at least 1 billion a week — not to mention the tremendous hassle that comes with such incidents. Simply put, accidents and injuries can land your business in … Continue reading How to Minimize Injuries and Liabilities in Retail: 9 Tips
Author: Bindy
How to Prevent Human Errors in Retail
The classic phrase “the devil’s in the details” rings very true in the retail world. A retail store may look simple and easy to mange on the outside. However, store managers and associates are constantly juggling multiple moving parts. From monitoring inventory levels to entering customer data, there are a lot of details to manage … Continue reading How to Prevent Human Errors in Retail
Timely Order Fulfillment – How to Tips for Retailers
It’s the busiest time of the year for retailers. Because of all that happened since the pandemic began, most of the challenges that you’ll face this year will likely take place behind-the-scenes instead of behind the counter or on the sales floor. Online sales will surge this year due to continued social distancing and health … Continue reading Timely Order Fulfillment – How to Tips for Retailers
How to Grow a Retail Concept from 5 to 50+ Stores
Taking any business from one stage of growth to another requires knowledge, skills, and mindset. Growing from one to five stores requires a completely different strategy from scaling your retail store counts to double digits. In other words, what got your business to where it is today, won’t get it to the next level. So how … Continue reading How to Grow a Retail Concept from 5 to 50+ Stores
11 Ways to Increase Your Local Retail Presence
Most entrepreneurs have the urge to think big and grow their businesses. As a retailer, this can mean expanding to other locations and setting up multiple stores in other cities or states. And while this is a perfectly sound strategy, growing your business isn’t just about developing your physical retail footprint. In many cases, you … Continue reading 11 Ways to Increase Your Local Retail Presence
How to Grow a Retail Business: From 1 Store to 5 Stores
Single-store retailers that have found success often start thinking about the prospect of setting up shop in other locations. This is a natural step that many businesses take, and for good reason: expanding to other locations puts your business in front of more people and opens up opportunities for growth. But as you think about how … Continue reading How to Grow a Retail Business: From 1 Store to 5 Stores
How to Hold a Sale without Killing Your Profits
All retailers should know how to hold a sale since promotions and discounts are easily one of the best ways to boost your bottom line. It creates a sense of urgency amongst consumers, and also helps to introduce your brand to new customers who haven’t encountered you before. However, sale events can also reduce your … Continue reading How to Hold a Sale without Killing Your Profits
How to Manage Store Operations Remotely
Pre-pandemic, district managers physically visiting the stores in their district, cluster or region (aka store audit, store walk, inspection, or visit) was considered a cornerstone of store operations best practices. With travel restrictions in place, many district managers are now unable or limited as to how much time they can spend time on the road … Continue reading How to Manage Store Operations Remotely
Holidays: What Retailers Need to Know
The holiday season is undoubtedly the most important shopping event in the retail industry. Which is why proper planning and preparations are key. The best way to get ahead is to anticipate consumer trends and behaviors so you can adapt accordingly for the holidays. While no one can accurately predict the future (particularly in today’s … Continue reading Holidays: What Retailers Need to Know
Merchandise Planning: The Clever Retailer’s Guide for How to Do It Right
Benjamin Franklin wisely said that “failing to plan is planning to fail.” While he wasn’t specifically referring to the retail industry, the adage could not ring more true — especially when it comes to merchandise planning for your retail store. If the merchandise you order and so diligently display in your store and on your website … Continue reading Merchandise Planning: The Clever Retailer’s Guide for How to Do It Right
How to Hire for Diversity in Retail
Diversity should be at the forefront of conversations around hiring — and not just because it’s politically correct or timely to talk about. The fact of the matter is there is a lack of diversity in many workplaces. Employers must take steps to ensure that candidates, regardless of their race or gender, get an equal … Continue reading How to Hire for Diversity in Retail
Why and How to Measure Store Compliance
Compliance with standard operating principles, merchandising programs, health and safety directives, and loss prevention protocols is essential for store success. Stores executing best practice standards run more efficiently and provide a better customer experience. But with so much going on, publishing standards does not guarantee execution in-store. Here are 5 reasons why you should measure … Continue reading Why and How to Measure Store Compliance
Visual Merchandising in Retail: Best Blogs
Visual merchandising in retail is the practice of presenting services and products to customers in a way that engages and motivates the customer to purchase. As stores reopen and we move into Q4, many retailers are looking for ways to level-up their visual merchandising to welcome customers back and attract new ones. We know you … Continue reading Visual Merchandising in Retail: Best Blogs
4 Consumer Concerns Driving Purchasing Decisions for Summer in the Covid Age
It's fair to say a lot has happened since the start of 2020. Consumers are responding to recent events by resetting their priorities and changing their behavior. However, as we noted in an earlier blog, many of these changes were already in the works. What's on the consumer's mind? We have identified 4 consumer concerns … Continue reading 4 Consumer Concerns Driving Purchasing Decisions for Summer in the Covid Age
10 Merchandising Tips for Driving Sales During COVID-19
Here’s some good news: with the number of COVID-19 cases decreasing in several parts of the world, various states and cities have started easing up on their restrictions, allowing businesses to safely resume their operations. The bad news? The coronavirus is still out there. If people aren’t careful, we may experience a second wave of … Continue reading 10 Merchandising Tips for Driving Sales During COVID-19
Franchise vs Corporate: 6 Things You Need to Know
Franchise and corporate-owned retail stores are two different breeds. Casual shoppers shouldn’t notice the difference, as both types of stores have the same general appearance and product mix. But, when it comes to franchise vs. corporate, the people managing and running these stores will have a different experience. Have a look at these comparisons below, … Continue reading Franchise vs Corporate: 6 Things You Need to Know
COVID-19: Store Reopening Resource Guide
We know you have a lot to do to reopen stores and relaunch your operations. We also know you don’t have a lot of time. While you may be excited to reopen, you may feel overwhelmed by all the steps you need to take to do so safely. So we have put together this Store … Continue reading COVID-19: Store Reopening Resource Guide
Communicating with Franchisees During a Crisis
When it comes to the disruptive effects of COVID-19, franchisees are particularly vulnerable. Often franchisees are new to the industry or new to business ownership. This makes facing a crisis like COVID-19 daunting. The franchises that survive will be those who go the extra mile to support their franchisees and help them navigate this uncertain … Continue reading Communicating with Franchisees During a Crisis
How to Choose Warehouse Inspection Software
Technology has made retail more dynamic than ever — and that includes warehouse management. We can optimize warehouses and ensure compliance more efficiently. By implementing the right tools, warehouse compliance inspections can take a fraction of the time while the data becomes more accurate and actionable. But the retail industry is saturated with tech and tools. … Continue reading How to Choose Warehouse Inspection Software
8 Steps to Reopen Stores Successfully
Retailers around the world are preparing to reopen stores. Whether you are still in the preparation phase or your stay-at-home orders have expired, here are 8 steps to take to successfully reopen stores. 1. Assess Physical Stores Make sure your stores are physically sound and safe for reopening. If they have been shuttered for some … Continue reading 8 Steps to Reopen Stores Successfully