by admin | Nov 2, 2022 | Holiday, News, Predictions, Retail Strategy
WASHINGTON – Holiday spending is expected to be healthy even with recent inflationary challenges, as the National Retail Federation today forecast that holiday retail sales during November and December will grow between 6% and 8% over 2021 to between $942.6 billion...
by admin | Oct 31, 2022 | Brick & Mortar, Commercial Real Estate, Holiday, News, Predictions, Retail Strategy
Dive Brief: Rent delinquency among smaller retailers took a turn for the worse in October, with 43% saying they couldn’t cover their October rent in full this month, up 12% from last month, according to a report from small business referral network...
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...
by admin | Oct 27, 2022 | Brick & Mortar, Data Driven Performance, Retail Strategy, Retail Technologies
The internet provides retailers endless amounts of precise, real-time information and insights into the shopper’s journey. What are they searching for? What are they clicking on? At what point do they fall out of the sales pipeline? In a brick-and-mortar store,...
by admin | Oct 23, 2022 | Brick & Mortar, Customer Service, HR, Resources, Retail Strategy
What retail manager skills does your store need to succeed? Managers need a host of interpersonal skills to execute a management plan and help retail stores boost sales. One thing that can compromise a store is that most retailers promote from within, and while that...
by admin | Oct 22, 2022 | Customer Loyalty, Customer Service, Industry, Outdoor, Retail Strategy
Photo: Nikola Stojadinovic/Getty If you’ve ever worked in outdoor retail, you are probably all too familiar with a particular customer. They come in, use up your time and expertise to gain product knowledge and find the proper fit, subtly (or not so subtly) take a...