Bed Bath & Beyond is struggling. After seven back-to-back quarters of declining same-store sales, the company has announced that it’s reconsidering leases. Last month, the retailer also laid off 150 employees. It’s shares have dropped about 80 percent since Bed Bath & Beyond’s heyday in 2015. Now, the retailer is struggling to find investors, according […]
Ever since the retail-apocalypse media frenzy took hold a few years ago and chain stores across the country started shuttering underperforming locations, many box stores have announced a switch to smaller format stores. Walmart and Target were among the first to announce this new strategy, with others like Sears shortly following suit. It is true, […]
Spring has sprung. Well… almost. There’s no better time than the present to freshen up your store for yourself, and for your customers. Having a great retail display can make all the difference. The way you display products and organize your store can be the difference between stellar sales or a deadbeat season. So, let’s […]
It is not enough just to stock your store with apparel and accessories for the new season, you need strategies to move those products. Spring is a time for new beginnings, and there’s no better time to reinvent your store and optimize for sales. Here is a step-by-step guide for increasing apparel sales in your […]
Every year, Independent Retailer turns to the experts and asks “What’s Next?” Read on for industry expert takes on challenges retailers will face in 2019, where retailers should focus their energy, how to shake things up this year, and what to prioritize. What will be the biggest challenges retailers face in 2019? Are these […]
Whether you’re looking to ramp-up your December holiday sales or take advantage of downtime in the slower winter months, there’s always a good reason to kick your sales training up a notch. Here are six strategies to help your team take sales to the next level. Have a Pre-Shift Chat In order for your employees […]
2018 was an exciting year for retail. Evolving technology, changing consumer preferences, and political shakeups all had a large impact on our industry. Here is Independent Retailer’s roundup of top trends, influencers, buzzwords, and developments that affected retail in 2018. Many of these topics were explored in greater detail throughout the year – those articles […]
The results are in for The National Retail Federation’s annual America’s Retail Champion of the Year. Florida retailer Lisa Mergel, owner of Kanvas, a boutique day spa and beauty products store in Tallahassee, was honored with the award at the 2018 Retail Advocates Summit on September 5th and 6th. The ARC program celebrates small business […]
Fall is upon us, bringing with it the start of the holiday shopping season. Halloween is not only the kickoff event for busy quarter four, but also a lucrative celebration in its own right.
Starting a fashion collaboration with local designers or other retailers can be a great way to boost business hype and sales. If done right, it can help increase foot traffic and increase brand awareness.