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 11, 2022 | Gift Cards, Holiday, Retail Strategy
Credit: iStock.com by Coolpicture The holiday shopping season is upon us and retailers are keen to understand what will drive consumer spending this year. With global supply chain issues and inflation on the rise, consumers are changing their spending...
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 | Nov 4, 2022 | Brick & Mortar, Event Planning, Holiday, News, Predictions, Retail History, Retail Strategy
Daphne Howland/Retail Dive A few retailers held splashy sales early in October. But so far discounting is down from last year despite reports of high inventories and wary consumers. A flurry of pre-Halloween blockbuster sales made a lot of observers wonder if the...