Dealing with slow or dead stock? Here are some proven merchandising techniques to help you sell slow-moving inventory.
The much-anticipated holiday season has now come and gone. Biggest selling opportunity of the year, right? How did you do? How close did you come to capturing the potential that walked through your door every day? If you’re honest with yourself, most of you will admit too much business was lost.
Across most of this country (Canada, that is) and many parts of the world, minimum wage rates are going up drastically; in many places by as much as 30%. That’s a big chunk out of anyone’s bottom line. Here are 6 solutions you can consider adopting to combat rising minimum wages.
Brick-and-mortar isn’t dead—it’s evolving. Sure, traditional shops may be in the decline, but in their place we’ll see other “breeds” of stores that are equipped to keep up with the new shopping habits of consumers.
From Deloitte, one of my favorite annual reports providing global economic / retail industry trends and the latest ranking of the top 250 worldwide retailers
Here's a list of the most common types of customers retailers can encounter, along with some tips on how to approach each type.
For bebe, a women’s contemporary fashion retailer, e-Commerce currently accounts for 15% of topline and 25% of domestic retail revenue, according to Erik Lautier, EVP and Chief Digital Officer. To drive engagement online and continue this relationship across channels, bebe focuses on personalization
With almost 2 decades in experience design, Mike stands out in the customer experience space for his holistic view on building valuable experiences.
This interview first appeared on www.delight.us, in January of 2013. Mike was interviewed by Katie Del Angel, a content strategist at ISITE Design.
Knowing when, where and how people move through "Place" is a huge benefit to retailers and space managers. Consumers can also benefit with a better experience, but there are some trade offs as well.
I’m frustrated that a customer may show intense loyalty to a business, and that business may reciprocate with appreciation, until there is a change of circumstances that causes the customer’s buying habits to change – none of which have to do with doing business elsewhere.