by admin | Apr 28, 2021 | Associate Members, Point of Sale, Resources, Retail Strategy
A point-of-sale system must do more than process transactions. Your retail technology should enable you to collect, organize, and analyze data; maximize relationships with customers and brands; and create efficiencies. If you are in the market for a new POS, make sure...
by admin | Apr 26, 2021 | Educational Opportunity, Resources, Retail Strategy
A quick walk through the mall shows retailers are trying to increase revenues with some fairly dramatic sales. But sales can hide the cause of death of many stores…passive employees. Let me explain… Selling a bunch of merchandise for a loss, even if it generates...
by admin | Apr 22, 2021 | Associate Members, Industry, Resources, Retail Strategy
Outside of serious growth for retailers, BOPIS offers incredible benefits to shoppers. Here are three reasons retailers should adopt BOPIS and a free resource to help you get started. In the wake of a global pandemic, amid social distancing guidelines and lower...
by admin | Apr 20, 2021 | Resources, Retail Strategy
To survive and succeed in the era of the COVID-19 pandemic, retailers quickly adapted to meet customers’ priorities and needs. Convenience became a touchstone of our “new normal,” defining how, when, and where we shop. This trend will continue to be...
by admin | Apr 19, 2021 | Associate Members, Industry, Private Label, Resources, Retail Strategy
While 2020 started out with closures, quarantines and ever-changing regulations, many retailers were disclosing record sales by the end of the year, “best year ever” claims and similar results. ...
by admin | Apr 15, 2021 | News, Retail Strategy, Statistics
KEY POINTS Retail sales boomed 9.8% higher in March thanks to a jump in spending at bars and restaurants as well as multiple other groups.Economists already had been expecting a gain of 6.1% as consumers received their $1,400 government stimulus checks.Jobless claims...