February is a slow month for most of the retail world. Seasonal products are in a holding pattern, and consumers are still hunkering down for winter. That makes now a perfect time to do some spring cleaning and get your store ready for a profitable spring. Here’s a quick checklist that will help you clean […]
Use These 12 Checklist Items to Prep Your Store for Spring – Small Business Trends Read More »
Are Costco, Sam’s Club and BJ’s Wholesale doomed? According to an article in the Washington Post, millennial and Gen Z shoppers –the future of retail — haven’t warmed to the warehouse superstores in the way baby boomer and Gen X customers have. The article cites a millennial shopper who doesn’t want to schlep to the
Report Suggests Physical Retail Stores Must Create Experiences Customers Cherish Read More »
Alibaba.com (NYSE: BABA), the largest B2B trading platform in the world, has just introduced Source Now, an innovative sourcing tool that can help level the playing field for small retailers — and ecommerce businesses. Your larger competitors have long had a buying advantage on you, with their bigger budgets (for travel and attending trade shows), experienced
Alibaba’s New Source Now Tool Gives Small Retailers a New Edge When Finding Merchandise Read More »
Upselling means selling a customer a more expensive version of the product they’re considering. For example, a women’s apparel store might sell a bargain-priced white cotton shirt for $19.99, a heavier-weight, better-quality white cotton shirt for $50, and a similar-styled silk shirt for $120. Cross-selling means selling add-on purchases that complement the customer’s primary purchase.
See These Dos and Don’ts for Selling More Read More »
Dunkin’ Donuts has come up with a unique way to get more customers using its mobile app. A new concept store the company unveiled in Quincy, Massachusetts features a drive thru with a dedicated lane for those who order on the Dunkin’ mobile app, allowing them to essentially cut in line and get their coffee
What Dunkin’ Donuts Can Teach Small Businesses About Creating Incentives for Mobile App Read More »
The new Verifone (NYSE: PAY) e280 mobile point-of-sale (mPOS) solution looks like a smartphone and it is just as portable. However for retailers, it means being able to accept payments in different locations throughout the store as well as outside of it. At just 4.5″ long and 2.5″ wide, the e280 has a 3.5″ color
Verifone Introduces Mobile POS to Improve Checkout for Merchants Read More »
Nationally, December was a bad month for brick-and-mortar retail with sales dipping 5.5 percent below December 2016. Traffic also dropped 7.5 percent for these stores. Even transactions dipped 7 percent, according to the latest Retail Performance Plus Year over Year Report for December from RetailNext. RetailNext Retail Performance Pulse December 2017 The latest report covered
December 2017 Brick-and-Mortar Retail Traffic Down 5.5% from 2016 Read More »
January and February are typically slow sales months for most retail entrepreneurs. The credit card bills have come in for the holiday shopping sprees, consumers have made resolutions to save more money and blustery weather keeps people inside. Once you’ve enjoyed the well-earned break from November and December’s hectic shopping season, what can you do
These 11 Ideas Will Boost Your Mid-Winter Retail Sales Read More »
When HP (NYSE: HPQ) introduced the ElitePOS in August of 2017, it reimagined what a point-of-sale system could be. Now the company has expanded the system with more personalization and choice for retailers. HP ElitePOS Update The addition includes a white version of the ElitePOS, which was driven by customer request. And like the Elite,
HP Expands ElitePOS With More Choices for Retailers Read More »
Macy’s just announced the popular retail chains plans to shutter 11 stores across the country in the coming weeks, with another 19 set to close as their leases expire. This is just the latest in a long line of retail chains that have closed retail locations and had to make significant changes to stay profitable in
Macy’s Plans Store Closings, Small Businesses Should Take Note Read More »
