by admin | Nov 15, 2022 | Holiday, Predictions, Resources, Retail Strategy
It’s no secret the holiday season is a key sales period for retail, travel, and many other industries, so much so that these sales can make or break a business, large or small. With high inflation and fears of consumers pulling back, there are a lot of unknowns this...
by admin | Nov 14, 2022 | Brick & Mortar, Resources, Retail Strategy
Holding on to old merchandise can kill your profit margins. That’s why it is so important to learn about open-to-buy when running a retail store. Many retailers have had to deal with an excess of merchandise due to lower demand, it is still your money sitting...
by admin | Nov 13, 2022 | Brick & Mortar, Commercial Real Estate, Community, Resources, Retail Strategy
Ivy Liu This story is part of The Great Mall Overhaul, a joint Modern Retail and Glossy editorial series looking into all the ways the businesses underpinning malls have been upended. For years, a 25,000-square foot space that once housed a Big Deal Outlet...
by admin | Nov 6, 2022 | Brick & Mortar, Industry, News, Predictions, Resources, Retail Strategy
You can’t open your browser without someone somewhere scaring you about an upcoming cataclysmic recession. A bit of education. Recessions last between two and 18 months, with an average of 10 months. By definition, we are already in one with two consecutive quarters...
by admin | Nov 5, 2022 | Holiday, Merchandising, Resources, Retail Strategy
Credit: iStock.com by Kseniya Ovchinnikova With unprecedented global economic challenges, retailers should dedicate their efforts and resources to what they can control during the upcoming holiday season. In the previous year, the retail sector achieved a 16 percent...
by admin | Oct 29, 2022 | Brick & Mortar, Resources, Retail Strategy
The holiday season is about to begin, and every retailer is glad for it because cash flow will seem to get better. Let’s temper that a bit because Christmas 2022 is on a Sunday, which removes one of those important sales-generating days because people...