Multi-Channel Retailing

Multi-Channel Retailing

Multi-Channel Retailing At a basic level, any commercial transaction that involves a direct sale to a consumer at any point of time may be termed as retailing. It can be the selling of apparel, books, music, footwear, grocery items or other things. Such a…

Read more →

Know How to Interview, Hire and Train

Know How to Interview, Hire and Train

The Highly Successful Retail Manager (HSRM) knows the ‘cause’** is maximizing revenue and profit and that he must hire people who will further that cause. The HSRM interviews with the purpose of hiring competent – potentially great – individuals who show indications of being…

Read more →

Word to the RetailWise II

attention on loss prevention.

Protect your profits by focusing the right amount of attention on loss prevention. Consider the story, below, about an employee who stole company time and charged up huge telephone bills by calling a 1-900 number! It goes without saying that retail stores, being open to…

Read more →

Retail Store Categories

Retail Store Categories

Retail Store Categories Based on NAICS Classification System The North American Industry Classification System (NAICS) has replaced the U.S. Standard Industrial Classification (SIC) system. NAICS will reshape the way we view our changing economy. NAICS was developed jointly by the U.S., Canada and Mexico…

Read more →

Never Ever Give Up in Retail!

Retail Mall

Never Ever Give Up! If you’ve given up…if you’ve already decided that you’re not going to participate in any further personal or professional development, then don’t bother reading the rest. It’s all about success, personal and professional growth, and betterment. It’s about overcoming common…

Read more →

Retail Business Plans

DMSRetail's Super Productivity Performance Pac

Retail Business Plan Basics The best way to show bankers, venture capitalists, and angel investors that you are worthy of financial support is to show them a great business plan. Make sure that your plan is clear, focused and realistic. Then show them that…

Read more →