Are You Losing Sales?

Are you Losing Sales?

If you are of the opinion that you can hire associates, have them complete ‘new hire’ paperwork, tell them a little bit about your store and your customers, train them on how to use whatever equipment they will need to operate on the job…

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Word to the RetailWise XI

Time Management in Retail

To manage your time effectively, you have to understand why Retail Managers need a unique approach to time management.   There are a lot of people working in a number of industries that just can’t use the standard time management techniques that are out there. And…

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Market Potential

Market Potential

Retail Location Selection & Market Potential through Predictive Analytics Increased competition and shrinking profit margins in the retail industry have necessitated a demand for sophisticated predictive analytics. Organizations want to know what they can expect from a new or existing location over the long…

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Word to the RetailWise XV

Mystery Shopping Program

Should you gently nudge your customers to give you a high score on their Customer Service Survey?  Recently, I was shopping in one of my favorite stores – they have clothing and accessories for men, women, kids, infants; they have houseware and pictures and exercise…

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Word to the RetailWise XVI

Word to the RetailWise XVI

You need Retail Math knowledge to run your business profitably. Retail organizations – in fact, any type of organization – must have figured out this equation early on…. Sales – Expenses = Profits Or have they? Plenty of businesses go ‘Out of Business’. Maybe they…

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