Putting items on clearance does more than simply move poor performing inventory. Clearance sales can attract bargain hunters that are typically new customers...

To run a successful retail business, your company needs to be running as efficiently as possible. Any mistakes or missteps could result in lost revenue and profits...

It’s natural for everyone to feel a little self-doubt. Even successful entrepreneurs have moments of sinking confidence when a challenge presents itself...

Small business owners work hard to make their dreams become reality. They are entrepreneurs, so they are naturally driven to succeed. They are also...

A common problem for retailers is getting stuck with surplus inventory, often caused by unforeseen market shifts, new technology, or optimistic forecasting...

Retail business are open to greater risk when taking physical counts on an annual basis. Compared to cycle counts, annual counts are less accurate and interrupt...

Every retail store has a flow of customers with traffic patterns and the proper placement of top-selling products can drive more sales. But this requires...

Everyday, retailers make hundreds of small decisions regarding their business. They also have quite a few major decisions that may affect its health and...

Retailers need to make cash flow a priority or else feel the negative effects of a cash crunch. This means digging deeper into sales and operations to reduce...

Today, more than ever, our lives are being pulled into a million directions. That’s why we develop skills to help meet the demands of our modern lives...