Smart Store Checklists, Audits, Merchandising and Loss Prevention.
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
Instagram has proven to be a boon for many businesses. According to the company, more than 200 million users visit at least one Business Profile daily and a third of the most viewed stories on the platform is from a business. Those numbers tell us that Instagrammers have an appetite for content posted by businesses, … Continue reading 6 Ways to Use Visual Merchandising to Drive Social Shares
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 visual merchandising program for your locations. Store Exterior Is signage clearly visible to … Continue reading Merchandising Checklist for 2019
Many customers come to Compliant IA from a home-brewed retail audit piecemeal solution. This solution takes various forms but usually consists of Excel spreadsheets, free "surveys" and email. Combining disparate band-aid solutions together creates a big mess that is disruptive, expensive, and entirely avoidable. So how do you know your retail audit solution is a … Continue reading Your Piecemeal Retail Audit Solution is a Mess!
Whether you are a district manager, regional, territory, sales or cluster manager, you regularly have to visit the stores you are responsible for. Here are three ways you and your organization can save money on collecting and actioning store visit data. Consolidate Visits From Multiple Departments The needs of the merchandising department, the operations department, … Continue reading 3 Ways to Save Money on Store Visits in 2019
Meeting high standards for the health and safety of patients is the most important focus for Pharmacies. However, to continue delivering the care patients expect, pharmacies must also be successful retail stores. Merchandising cannot be overlooked. How can pharmacies drive brand loyalty and sales if the retail space is poorly merchandised, disorganized or unappealing? Below, … Continue reading Retail Merchandising Ideas for Pharmacies
Does retail lighting boost sales? Gerry Weber, a fashion retailer in Germany saw its sales increase by 12% in one pilot store, after installing a new lighting scheme. If you are still using fluorescent tubes, it is definitely time for an upgrade to LED. Fluorescent lighting casts a harsh light that cannot be controlled or dimmed … Continue reading 5 Lighting Techniques for Visual Merchandising to Increase Sales
Merchandising is — and will continue to be — one of the biggest drivers of sales and customer engagement in retail. How your store is merchandised influences everything from brand perception to customer experience, which is why it’s important to keep your merchandising initiatives fresh and relevant. Part of doing that requires paying close attention … Continue reading 5 Retail Merchandising Trends to Watch Out for in 2019
Problem The Center for Disease Control and Prevention lists 22 foodborne illness outbreaks for 2018! The most recent culprit, romaine lettuce, was identified in November 2018 as the cause of a virulent strain of E. coli-O157. This strain made 32 people in the US and 19 people in Canada sick. Foodborne illnesses are not the sole … Continue reading How-to Quickly Execute a Product Recall
