3 Steps to Easier, Faster Store Execution

Retail is a highly-competitive industry with generally tight margins. Managing inventory, leases and labor costs alone make retail profitability a difficult balancing act at the best of times. But that's not all. Today's retailers must adapt to rapidly changing customer sentiments, weather and the pressures of e-commerce. Add a pandemic to the mix and it … Continue reading 3 Steps to Easier, Faster Store Execution

Convenience store

12 Ways to Put the “Convenience” Back in Convenience Stores

Did you know that the US has more than 150,000 convenience stores accounting for 80% of total motor fuels sold across the country? In such a fiercely competitive industry, staying competitive and profitable remains a huge challenge for c-store owners.  This guide discusses a handful of practical ways to enhance the c-store experience and boost … Continue reading 12 Ways to Put the “Convenience” Back in Convenience Stores

5 Reasons People Leave Your Stores Without Buying Anything (and How to Fix it)

Getting shoppers into physical stores has become more difficult over the past year due to the pandemic. And while industry data shows that foot traffic has somewhat recovered, there’s still plenty of room to improve.  As such, it’s more important than ever to focus on in-store customer conversions. After all, attracting shoppers to your store … Continue reading 5 Reasons People Leave Your Stores Without Buying Anything (and How to Fix it)

How to Use Site Inspections to Reduce Commercial Insurance Premiums

A site inspection keeps your business, employees and customers safe by identifying potential hazards and risks. Here are some tips on using site inspections to reduce commercial insurance premiums. While an insurance company will often send an inspector to survey the site when you insure a new property and business, taking a preemptive approach can … Continue reading How to Use Site Inspections to Reduce Commercial Insurance Premiums

How to Bring Out the Best in Your Retail Employees

Inventory may be retail’s bread and butter, but it’s still very much a people-centric business. From stock managers keeping products in check to associates assisting shoppers on the sales floor, retail businesses are run for people by people. As such, the more engaged your employees are, the more likely your company will thrive. For this … Continue reading How to Bring Out the Best in Your Retail Employees

New Year, New Look: 9 Ways to Spruce Up the Design of Your Retail Stores

The start of the year is always a good time to ideate and come up with new business practices. And one of the most important areas to consider when making changes is your retail store design. Aesthetics, shopping behaviors, and consumer preferences are always evolving, so you need to make sure that your store’s look … Continue reading New Year, New Look: 9 Ways to Spruce Up the Design of Your Retail Stores

How to Minimize Injuries and Liabilities in Retail: 9 Tips

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

staff high-fiving

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

Barista handing a woman food bag

2020 Year in Review- 7 Essential Lessons for Retailers

Twenty-twenty has been a tough year for businesses. Between murder hornets, forrest fires, racial strife — and who could forget — a global pandemic, many businesses took a huge hit this year. In retail, foot traffic and sales plunged in March in April when lockdown measures were enforced.  The good news? Things seem to be … Continue reading 2020 Year in Review- 7 Essential Lessons for Retailers

Compliant IA Store Reopening Checklist

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

Compliant IA Store Reopening Checklist

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-covid 19, district and area managers physically visiting the stores in their respective district, cluster or region (aka store audit, store walk, inspection, or visit) was seen as a cornerstone of healthy, and normal, store operations. Even with stores reopening, many district managers are now unable, sometimes forbidden, to spend time on the road and … 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

Bounce Back in Q4: 7 Practical Tips for Retailers

It’s no secret that back-to-school spending has taken a huge hit because of COVID-19. However, with the right strategies in place retail can bounce back in Q4. Research firm GlobalData expects back-to-school spending to decrease 6.4% from 2019 — the lowest since 2015. Back-to-college is expected to be hit even harder, with a decrease of … Continue reading Bounce Back in Q4: 7 Practical Tips for Retailers

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