“Key trends that will help retailers respond to growing consumer confidence” by Terry Clark via Retail Focus

“Key trends that will help retailers respond to growing consumer confidence” by Terry Clark via Retail Focus

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand.  According to the latest CBI quarterly Distributive Trades Survey, consumer confidence is growing as retail sales volumes were 16% higher than seasonal norms in February. How retailers respond to this growing confidence will be key to maximising sales opportunities and effectively managing seasonal peaks.  One of the ways in which retailers can more accurately monitor and therefore predict how consumer behaviour will change is having access to accurate data about what’s impacting the sale and return of their products.  To help retailers understand consumer behaviour, international logistics company Advanced Supply Chain Group’s (ASCG), latest research has pinpointed the consumer trends that will have the greatest impact on supply chains in 2022 and the actions retailers are taking to embrace consumer shopping habits and improve supply chain agility.  Three of six key trends identified in ASCG’s latest eBook research include: 1) Spread the cost The concept of shopping through home catalogues and placing postal orders will be alien to most of today’s generation of online shoppers. However, they are increasingly familiar with the concept of spreading the cost of payments, which made home-shopping catalogues such a hit in previous decades.  This concept has been digitised, with ‘shop now, pay later’ options like Klarna becoming something of a default purchasing behaviour for a growing share of internet shoppers. This can have huge ramifications for supply chains, as it can make goods with higher retail selling prices more...
“Introduction to Jeff Plattman, CPA, Partner in CohnReznick LLP’s Consumer Industry Practice” plus announcement of special BRA Retail Member offer by Doug Works, BRA Executive Director

“Introduction to Jeff Plattman, CPA, Partner in CohnReznick LLP’s Consumer Industry Practice” plus announcement of special BRA Retail Member offer by Doug Works, BRA Executive Director

CohnReznick recently became a BRA Supporting Vendor Partner. Jeff, can you tell us a little bit about your background and CohnReznick? I am a partner in CohnReznick’s Consumer Industry Practice and have worked at the firm for over 30 years. I provide accounting, audit, and business planning services to my clients, many of whom I am proud to have worked with since I was a first-year staffer. I advise privately-held family and entrepreneurial consumer businesses as well as private equity-backed companies in all stages of their business lifecycles to help them optimize performance, increase value, and execute financial transactions. I represent clients in the apparel, footwear, sporting goods, accessories, consumer packaged goods, and fitness, health, and wellness consumer categories. As a young kid, I spent some time skateboarding and wound up falling down more times than I could count. As an adult, my family and I spent some time trying to learn to ski and snowboard, but let’s just say gravity is not my best friend. CohnReznick is one of the leading advisory, accounting, and tax firms in the U.S. We have been supporting the consumer products industry for over 100 years and understand the operational and logistical challenges these businesses face in today’s competitive marketplace. We serve clients in all segments of the industry, including direct-to-consumer, e-commerce, wholesale, and retail. What kinds of specialized services do you provide to your consumer clients? Beyond the traditional services like accounting and tax return preparation, we can assist most clients in all facets of their business by providing strategic, financial, and advisory services that can help unlock growth. CohnReznick’s Consumer team can...
“We’re [Outdoor Retailer] Moving Back to Salt Lake City” by Marisa Nichols and Jeff Davis via OutdoorRetailer.com News plus opportunity to be considered for OR SLC Lodging Scholarships

“We’re [Outdoor Retailer] Moving Back to Salt Lake City” by Marisa Nichols and Jeff Davis via OutdoorRetailer.com News plus opportunity to be considered for OR SLC Lodging Scholarships

Since 1982, Outdoor Retailer has brought the outdoor industry together for commerce, to share ideas, and to provide an experience that has grown into more than a trade show. Our community has become family, and for the past five years we’ve held our biannual gatherings in Denver. As our contract nears its natural end after 2022, we’ve been exploring our options and conferring with the industry to map our next steps. After much deliberation and input from all sides, we’ve decided the best move for Outdoor Retailer is to return to our basecamp. We’re heading back to Salt Lake City and County to the place we grew up and where our industry matured into the dynamic and powerful community it is today. Moving forward, Outdoor Retailer will bring the community together in January and June at the Calvin L. Rampton Salt Palace Convention Center. We have a strong relationship with Salt Lake City and a committed partner in Mayor Erin Mendenhall, whose values align with ours following tremendous investments in clean energy and a strong commitment to public lands. This proved to be a real turning point in our recent negotiations. A Commitment to Change Salt Lake City and County is our hometown, and we’re going back with a commitment to effecting meaningful change. It would be wrong for us to leave the way we did and simply go back as if nothing happened. In reality, leaving after 2017 has not brought the change we had hoped for, so we will push back, not pull back. We firmly believe that staying engaged and collectively contributing to the ongoing discussion,...
“SHOP TALK AT NJ SKATE SHOP IN JERSEY CITY” by via JENKEM MAG

“SHOP TALK AT NJ SKATE SHOP IN JERSEY CITY” by via JENKEM MAG

We’re back with another episode of Shop Talk! After hearing from some young New Yorkers, and some obvious New York transplants, we figured that if we wanted to continue to hear from the everyday skater we had to leave New York. So we took a trip to the foreign land of Jersey City to visit NJ Skate Shop to hear from some locals. Although it’s only a 45-minute drive from where we filmed our last episode, the locals at NJ Skate Shop were much more critical and willing to talk shit. The guests go from telling us that Ishod doesn’t claim Jersey enough to saying that Tik Tok is just for single moms in their 30s. I guess shit-talking runs deep in their blood. If you want us to stop by your favorite shop or skatepark and interview the local heads, all you have to do is buy us a plane ticket out there and convince us it’ll be a good time. Fuck it, we’ll probably do it. Hosted by: Larry LanzaFilmed by: Tristan MershonEdited by: Max SeegerShare this with Bon Jovi on FacebookReport this as too harsh on Instagram and Twitter If you like fun and intelligent skateboarding related articles, be sure to visit and bookmark: Jenkem Mag If you are not yet a BRA Retail Member, you can easily opt in to either Regular (no cost) or Distinguished ($100/yr.) Membership via this super simple join...
“Download your free guide, 5 Types of Retail Loyalty Programs That Make Money and Retain Customers” via RetailWire Resources

“Download your free guide, 5 Types of Retail Loyalty Programs That Make Money and Retain Customers” via RetailWire Resources

5 Types of Retail Loyalty Programs: How to Make Money and Retain Customers Download the Free Guide Customer loyalty has never been more important for independent retailers. Throughout the last two years, effective loyalty programs helped many businesses stay in touch with customers and keep their doors open.   With national retail sales continuing to grow and consumers eager to try out their new purchasing power, the year ahead is a golden opportunity to start your customer loyalty program or re-evaluate your current program. Download your free guide, 5 Types of Retail Loyalty Programs That Make Money and Retain Customers. See examples of popular programs and learn about which type of program is right for your business. RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting.  Be sure to bookmark this relevant and helpful site: https://retailwire.com/ If you are not yet a BRA Retail Member, you can easily opt in to either Regular (no cost) or Distinguished ($100/yr.) Membership via this super simple join...
“The best way to grow skateboard sales, PERIOD” plus link to register for this week’s 2nd Annual Skateboard Education Summit via THE US Skateboard Education Association

“The best way to grow skateboard sales, PERIOD” plus link to register for this week’s 2nd Annual Skateboard Education Summit via THE US Skateboard Education Association

The 2nd Annual Skateboard Education Summit 1 February, 10 am – 2 pm PST (Livestream) ✨Register Now For Free✨ This free online summit will: Bring together skate shop owners, educators, program operators, industry experts, and researchers to share methods for growing skateboarding, and YOUR business, through education. Share experiences from real people who have successfully used skateboard education to make their skateshops thrive. Share ideas & inspiration on ways to use skateboard education toIncrease your flow of loyal customersGrow your revenues, gross margins and profitability Register For The 2nd Annual Skateboard Education Summit 1 February, 10 am – 2 pm PST (Livestream) We highly recommend that you register for and attend this outstanding online educational opportunity. – Doug Works, Executive Director of Board Retailers Association If you are not yet a BRA Retail Member, you can easily opt in to either Regular (no cost) or Distinguished ($100/yr.) Membership via this super simple join...