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The retail industry has a unique set of challenges from cybercriminals to individual shoplifters when developing a loss prevention plan...

Furniture retailers know that lead times are getting longer as the COVID-19 pandemic and shipping container scarcity continue to affect global...

Video surveillance systems have become a regular fixture in our lives. We have them in our homes and see them in stores and throughout our cities...

This guide provides you with the information and resources that will help you through the process of implementing a comprehensive retail inventory...

Retail losses due to theft were up in 2019, with each incident costing almost $600 on average. Each year, shoplifting and fraud cost the retail industry over...

For many retailers, the holidays are the most profitable time of the year. But as traffic increases, so do operational costs and logistical hurdles. Then, when...

This year, consumers plan on buying their holiday gifts earlier because of worries about availability. To meet this need, retailers have launched...

If you don’t have a layaway option, you may be missing out on a lot of sales. One study showed that over 30% of the people wouldn’t have made a purchase...

A “black swan event,” such as the one we are experiencing now with COVID-19, is an unpredictable crisis that has potentially severe...

Offering product repairs can be one of your most valuable services. For some retailers, such as bicycle shops, it can offset the downturn in sales...

Most of the key performance indicators (KPIs) for inventory management focus on what’s in your warehouse and on your shelves. These KPIs...

Advances in technology allow small retailers to reach new markets and grow their footprint quickly. They become more efficient and productive when using...

Making wise decisions with your inventory and how to manage it is a challenge in today’s changing economy. Inventory management has lots of moving parts...

When you sponsor a local event, you’re supporting your community. But, what you may not know is that it’s also a good investment for your business...

Consumers overwhelmingly feel that convenience is the most important thing when they are shopping and they’re willing to pay for it. Anything that can...

It’s no easy feat for your specialty store to create a unique shopping experience for millennial shoppers. First, you need to identify your store’s strengths...

The key to owning a retail business is understanding how to manage your inventory properly. Every business is unique, from the products you sell to the services...

A stockout is a worst-case scenario when managing your inventory. Either the customer has to wait for a product or they leave and never come back again ...

More consumers are looking for retailers that champion their personal values. This feeling is not only coming from Gen Zers or millennials but has spread ...

During the past year, the retail industry grew at a steady 4% rate, adding more than 1 million new brick-and-mortar stores. Amazon continues to gain ...

It’s no secret that cross selling can grow your revenue by 10% while increasing market share and improving productivity. Some major retailers have ...

It’s not just GenZ and millennials that are looking for “greener” brands. GenX and Boomers also support retailers that try to make a positive impact ...

With the holiday season getting closer, retailers across the country are preparing for their busiest time of the year. Getting ready for it takes a lot of ...

Consumers are actively looking for brands that offer personalized experiences. One of the best ways to make their experience with your store more ...

With the holiday season upon us, it pays to have a plan on how to attract, hire, and retain seasonal employees. This is really important because holiday ...