As a retail business owner, you already understand how challenging it is to manage your retail firm from end to end. You likely spend much of your time supervising your staff, checking inventory, and maintaining relationships with suppliers, vendors, and other business partners. However, you might be paying limited attention to your retail business accounting, […]
Retail
5 of the Biggest Trends Impacting Retail Right Now
Retail trends are changing fast. New technology, like AI, IoT and big data analytics, is helping businesses of all sizes collect more information and adopt data-driven decision-making strategies. At the same time, the industry is also grappling with a tight labor market, ongoing supply chain disruptions and significant market uncertainty. We are in the midst […]
Retail Trends You Won’t Want to Overlook in Q2
The pandemic drove retail sales in 2020 and 2021, particularly in essential items and online shopping. The economy continues to shift and change as the world moves into 2022 and figuring out how to move forward with a new kind of normal involving world tensions, a faltering economy, rising interest rates and other concerns. Economic […]
How to Start a Small Resale Business
Whether you are looking for a whole new career, or you just want to build up a side hustle that can boost your base level income, reselling could be the right way to go about it. There are some steps to take and hurdles to navigate when starting a resale business, so let’s look at […]
An Essential Guide to Making Your Retail Business More Productive
Running a retail business can be highly challenging, especially if you are not prepared for the many obstacles that come your way. To be as productive as possible, it is essential to have a plan and stick to it. This guide will provide you with all the information you need to manage your retail business […]
Tekion: The First Retail Operating Platform (DMS)
The retail scene has altered. Where earlier we were restricted by physical openness, we currently enjoy a whole universe of business that deals directly with us. Accordingly, the retail business has turned exceptionally client experience-driven, with businesses trying to convey remarkable products and services regularly, obscuring the line between the physical and the computerized simultaneously. […]
13 Digital Trends for Retail Success
When it comes to digital trends for retail, it seems as if someone is always marketing “the next big thing,” which can often lead to a lot of trial and error. And with retail attempting to make a big comeback this year, there isn’t a lot of wiggle room for technology that doesn’t provide a […]
Long-Term Pandemic Impact on Online Retail
In the last 10 months, much of daily life has been turned upside down. Large events have been canceled, schools have switched to distance learning and many workplaces are still depending on remote setups for employees. One of the many other consequences of the pandemic is the temporary closure of in-person retailers. Between this and […]
5 Tips Retailers Can Use to Keep Customers Safe
As a brick and mortar retailer, you have a moral and legal obligation to keep your customers safe and out of harm’s way. The question is, are you living up to this expectation? 5 Tips for Keeping Customers Safe Whether it’s physical threats – like tripping, falling, or being subjected to violent crime – or […]
Set Your Retail Business For Success
Since humans began to live in cities and towns, people have been buying various products from retailers. Starting with the Babylonians, to the Greeks and Romans, to industrial towns and beyond, setting up a retail shop is one of the most natural and rewarding forms of entrepreneurship in history. However, the retail business comes with […]