7 Costly Mistakes to Avoid in Retail

The retail industry has always been competitive, but the last few years have been more challenging than ever.  People’s shopping habits have evolved dramatically and consumer expectations continue to increase. All the while, retail profit margins are shrinking. According to data from CSI Market, the specialty retail sector’s profit margins sat at 35.55% in the … Continue reading 7 Costly Mistakes to Avoid in Retail

How to Be an Agile Retailer: 6 Expert-Backed Ideas

Between rapidly changing consumer trends and more competition, agility is a super power in the retail industry. If you want to thrive today and in the coming years, it’s critical that you learn how to be fast, nimble, and adaptable.  This post explores the topic of retail agility in more detail, and sheds light on … Continue reading How to Be an Agile Retailer: 6 Expert-Backed Ideas

3 Steps to Easier, Faster Store Execution

Retail is a highly-competitive industry with generally tight margins. Managing inventory, leases and labor costs alone make retail profitability a difficult balancing act at the best of times. But that's not all. Today's retailers must adapt to rapidly changing customer sentiments, weather and the pressures of e-commerce. Add a pandemic to the mix and it … Continue reading 3 Steps to Easier, Faster Store Execution

5 Reasons People Leave Your Stores Without Buying Anything (and How to Fix it)

Getting shoppers into physical stores has become more difficult over the past year due to the pandemic. And while industry data shows that foot traffic has somewhat recovered, there’s still plenty of room to improve.  As such, it’s more important than ever to focus on in-store customer conversions. After all, attracting shoppers to your store … Continue reading 5 Reasons People Leave Your Stores Without Buying Anything (and How to Fix it)

How to Implement New Technologies in Your Retail Business 

Is your store bogged down by slow and inefficient processes? Are you always having to put out fires or correct mistakes? Or maybe you have customers who aren’t too happy with the in-store experience. If you can relate to any of the above, chances are your store can use a technology upgrade and it's time … Continue reading How to Implement New Technologies in Your Retail Business