by RJ Horsley With 2019 coming to a close, it’s important for retailers to step back and evaluate their current situation in order to streamline processes and propel business forward in the new year. Of course, that’s easier said than done without a plan of action. Based on consumer trends and the increasing availability of […]
Retail News
Spring & Summer 2020 Trend Report
All the latest trends for spring and summer of 2020 are making the rounds to designers everywhere. From cool crochet to ’60s wallpaper prints, Independent Retailer has you covered with this official guide to the top trends for next year. Apparel Clothing will start the year off with a bang with even more bold colors, […]
Fashion Trends to Embrace and Avoid in 2020
by Isabella Lovett 2020 is right around the corner, and both independent retailers and their customers are bursting with excitement to see what the New Year has in store (literally). After an extensive parade of fashion shows in New York, London, Milan, and Paris showcasing the hottest designs from the world’s leading fashion labels, it […]
Capitalizing on Holiday Returns
Returns are always the grunt work of the holiday season. It’s bad enough that all the excitement is over come January 2nd, but then retail businesses get an influx of customers trying to return their holiday gifts. An Oracle Retail survey conducted by Savanta found that during the upcoming season, 77 percent of consumers surveyed […]
Being Proactive About Preventing Employee Theft
by Sabrina Schnetzer The retail industry faces many challenges when it comes to hiring and maintaining quality employees. One of the hardest problems to overcome is employee theft. An employee is 5.4 times more likely to steal from their company than a customer is. As a result, employee theft alone costs U.S. businesses $50 billion annually. […]
What to Expect From Payment Processing for Small Businesses in 2020
by Todd Spear When it comes to payment processing, 2020 will bring more options to the table. As the ways consumers pay for goods diversify, there’s a need for stronger security. The Rise of Generation Z Generation Z (folks born from the mid-90s through about 2015) represents a group of consumers who won’t remember a […]
The Guide for Indie Retailers Considering Automation Through RPA
by Daniel Pullen What is robotic process automation? Broadly speaking, RPA is a useful tool for maximally efficient use of a company’s resources, where ‘tool’ refers to both software and services. As the word ‘tool’ might suggest, functionality is the core feature of RPA, in the sense that it is a technology that enables optimal […]
The Benefits Beyond Black Friday
by Kris Tait Black Friday is a landmark holiday in the retail calendar, so much so that in previous years, some industries have seen the post-Black Friday madness amount for as much as 40% of their yearly revenue. The day is famous for frenzied shoppers desperate to snag a holiday bargain, and stores find themselves […]
American Express Delivers Interactive Experiences for Small Business Saturday
Small Business Saturday is right around the corner, are you excited? Indie retailers are finishing the last minute touches for their displays and events, consumers are ready to start checking off items on their loved ones lists, and even some cities and towns are celebrating this day. This is the 10th anniversary of Small Business […]
Increasing Retail Sales with Data Analytics
Retail data monetization is the process of using your company’s transaction and customer data to optimize the way you make and spend money. There are two different ways to monetize data: direct monetization and indirect monetization. Direct data monetization is when a company sells their data to another party. This can be done in many […]
