The Very Best Consignment Shops and Classic Retail Fundamentals
Spending some time shopping in the very best of these stores highlights and reinforces several classic retail fundamentals
Avoiding Heavy Retail Markdowns
As the new season begins, small retailers need to plan sales conservatively and maintain lean inventories to keep from slashing prices down the road.
Chasing The Last Sale
The objective for any small retailer is to maximize profitability and cash flow. Carrying too much inventory can decimate both.
Managing Pre-Season Retail Commit Percentages
Managing your pre-season commit percentages is one of the keys to having a profitable season.
Merchandising Strategy For Independent Retailers
How do independent retailers compete with big-box stores? By selling quality products with great customer service, obtaining higher initial markups, and avoiding corrosive sales down the road.
Dealing With Retail Assortment Creep
In selecting new items it is critical that you are actually growing sales, and not just your inventory.