What to Learn from Failure in a Business
There are many lessons to be learned through failure. Each time something does not work in a business, there are endless reasons and factors that could culminate to cause the failure.
We Asked Retailers About the Habits That Led to Their Success. Here’s What They Said.
Highly successful retail businesses don’t just happen overnight, nor does it (usually) occur because of one big, bold action.
Retail Metrics: 14 Essential KPIs for Tracking Your Business’ Performance
Numbers don’t lie, so if you find yourself at a loss with what’s happening in your business, one of first the things you should do is look at your retail metrics.
Managing Supply Chains Effectively During the Holiday Season
Gift giving is a major part of the holiday season. As a result, the holiday seasons is hectic, not only for the consumers, but also the retailers and manufacturers supplying the gifts.
How to recognize and prevent sexual harassment in your office
The Harvey Weinstein scandal is back in the news this week – and it’s a reminder that we should seriously think about how we recognize and prevent sexual harassment in the workplace.
How to Encourage Impulse Buys and Unplanned Purchases in Your Retail Store
Impulse purchases account for a significant chunk of the consumer spending pie. According to a study by Marketing Support, Inc. and Leo J. Shapiro and Associates, about one-third of all consumers make a sizeable impulse buy every week, with a median purchase of $30.
Expanding from 1 to 5 Stores: How This Retailer Used Communities to Fuel Their Growth
Picture this — you find yourself in an industry that is dominated by big chains at the top and crowded with online stores that keep popping up. How do you stay competitive?
Choosing Cloud Software? Look Out for These Trends
Software as a Service (SaaS) has paved the way for businesses and consumers to test early cloud services. With SaaS being both flexible and financially attractive, businesses continue to take advantage of the simplicity and high performance the cloud offers.
5 Ways to Reduce Debtor Days
Debtor days measures how quickly cash is being collected from debtors. The longer it takes for a business to collect, the greater the number of debtor days.