Smart Store Checklists, Audits, Merchandising and Loss Prevention.
Customer Experience continues to be one of the most talked about retail trends in 2019. Customer Experience expert Blake Morgan, who has been covering the topic since 2014, wrote in Forbes: "The phrase customer experience gets a lot more play than it did in the business world in the past when people would simply throw it around … Continue reading 4 Ways to Improve Your Store Experience
2019 is abuzz with the momentum of companies jumping to create a niche for themselves in the emerging market. As cannabis becomes more widely accepted thanks to legalization in Canada, and some additional US States, the market will continue to boom with new products. Here is a list of 2019 cannabis trends to watch out … Continue reading Cannabis Retail in 2019: Interesting Facts and Emerging Trends
Whether you are a thrift store, consignment store or vintage retailer, you have a wide range of duties across several departments. From receiving and approving donations, sorting, pricing and finally merchandising items, the use of a smart checklist will improve the performance of your store...and your bottom line. Use this sample checklist as a guide … Continue reading Checklist for Multi-Unit Thrift Stores
In order to grow as a business, you have to learn from the best in the business. And when it comes to retail, it doesn’t get much better than Apple. When Apple released their financial results for its fiscal 2018 fourth quarter, it was revealed to be a quarterly revenue of $62.9 billion, an increase … Continue reading 7 Things Retailers Can Learn From Apple
Seasonal programs like Valentine's day drive big profits for retailers and restaurants. Valentine’s Day spending is expected to total a near-record $19.6 billion in 2019! “Americans are looking forward to pampering and indulging their loved ones with flowers, candy, dinner and all of the other Valentine’s Day stops. With the holidays behind them and the winter months … Continue reading Valentine’s Day In Retail: Interesting Facts and Emerging Trends
The exterior areas around your stores are critically important to first impressions! Below, a list of criteria for ensuring the area around your stores is clean and safe. This checklist comes from the Canadian Centre for Occupational Health and Safety and is included here in case the information is moved or removed from their website. Around the … Continue reading Exterior Area Checklist
To assist multi-unit retailers beginning a new audit or compliance program, Compliant IA regularly publishes how-to guides, best practice content, and advice from retail experts. Use this sample checklist as a guide to add to your own checklist, or jumpstart a new health and safety program for your locations. Entrances and exits No cracks, damage or … Continue reading Health and Safety Checklist
To assist brands beginning a new audit or loss prevention program, Compliant IA regularly publishes how-to guides, best practice content, and advice from retail experts. With “shrinkage” amounting to 1.7% of gross sales for the average North-American retailer, the financial stakes are high. Use this sample checklist as a guide to minimize theft, fraud, vandalism and … Continue reading Loss Prevention Checklist for 2019
You have a smartphone, maybe a smartwatch. Smart appliances are everywhere and so are smart homes. So why are you using a dumb checklist to visit your stores? What is a dumb checklist? A dumb checklist is usually a "home brewed" piecemeal solution. This solution takes various forms but usually consists of Excel spreadsheets, free … Continue reading Smart is the New Black
Your retail business is inherently complex. It has many moving parts and a multi-faceted cost structure. Cost of goods sold, labor costs, leasing fees, hydro costs...these costs are real and have a direct effect on a store's bottom line. Control your costs and if you sell a product for which there is demand in the … Continue reading The Value Proposition of Smart Checklists
