by Emma Sturgis Attracting new customers is essential to being a successful retail store. The visual appearance inside and outside your store can sometimes be the difference between people wanting to see what you have to offer and turning away. Here are a few ideas for creating an atmosphere that’s pleasing to view from all […]
Retail News
ASD Speaker Offers Outlook on Amazon
ASD Market Week is becoming more than just a place to source new products. Between all the different social events and conferences, it has become a premier educational experience where retailers can learn how to better their business on top of discovering the latest product trends. Whether you sell online, in store or both, ASD […]
Four Tips on Executing A Profitable Pop-Up Shop
by Nichole Simms Pop-up shops have become a growing trend for boutiques and retailers to expand their customer base and business revenue over the past couple of years. Not only do they drive lots of sales, but pop-ups are also a great way to grow your brand and increase exposure to target customers. If you […]
Loop: The New Recycling Initiative
Companies are still fighting to go green, and Kroger and Walgreens are the latest to join in on a new recycling project. This state-of-the-art circular shopping system, named Loop, officially launched their pilot program in May of 2019 in the Mid-Atlantic region of the U.S. to lessen the world’s reliance on single-use packaging, according to […]
AI’s Role in Helping Retailers with Holiday Pricing & Promotion Strategies
by Jeff Smith In an increasingly competitive landscape, independent retailers face unique challenges. Where once their competition consisted almost solely of nearby physical stores in the same retail sector, today they face an unprecedented and fast-changing array of competitors, from online giants to specialty stores and global discounters. But there is good news as well. […]
The Unexpected Future of Physical Retailing
Take a walk through Manhattan, which is arguably the fashion capital of the USA, and you might feel discouraged about the state of brick and mortar retailing. There are as many empty storefronts and “For Rent” signs as there are thriving boutiques and storefronts. However, the truth is many entrepreneurs, small business owners, and startups […]
Performance-Driving Metrics for Retailers
When running a retail business, it can be hard to find the time to step back and assess the performance of your store outside of just looking at sales numbers and revenue. However, tracking and measuring other performance metrics is crucial for any small business as the data these metrics provide can highlight growth opportunities […]
Innovations Driving A Sustainable Retail Industry
by Ben Whitaker The retail industry produces an unprecedented amount of waste year after year, with much of that driven by customer returns and excess inventory. Each year around 5 billion pounds of returned goods end up in landfills and that doesn’t even include the unsold inventory pulled from shelves that may also be destroyed. […]
Don’t Fall Behind on the New Transaction Trend
Recently, Bank of America announced that it will be reissuing four million Visa debit and credit cards for account holders in the NYC, San Francisco and Boston areas, changing them over to contactless cards. Following the growing trend of tap-to-pay transactions, customers will soon have the option to try out the new payment method at […]
10 Things to Know Before Pricing Products
In order to price a product correctly, it’s important to consider some factors that will help determine its value properly. Here are ten things to know before pricing a product. 1. Cost of Production No company can sell a product for a price less than the cost of its production. First, calculate how much was […]
