Recommended Article: Free Up Cash by Moving Old Inventory

How do you improve business performance, free up cash and grow your bottom line? By analyzing your inventory turnover. Once you predict what you need and when you need it, you can use revenue as operating capital instead of spending it to support inventory sitting on a shelf.

Inventory turnover is a conventional benchmark that reveals a company’s inventory-management …Continue Reading »

Recommended Article: Same-store sales up in May, but shoppers careful

Low prices and good deals helped wary U.S. consumers overcome their growing anxiety about the economy in May, leading to stronger-than-expected sales for top retailers.

Chains that cater to bargain hunters such as discounter Target Corp and low-priced chains TJX Cos Inc and Ross Stores Inc were among the big winners in May, with sales at …Continue Reading »

Recommended Article: The 7 Most Common Lies Customers Tell

About two months ago I had coffee with one of my closest friends. He was all hyped up, and it wasn’t because of the caffeine injection of a triple espresso. Well, maybe that was part of it. He was jittering with excitement because that morning he had received the call he had been waiting for: …Continue Reading »

Marketing Your Business, Part Three – Written by Rick Segel

Before we can start to build our Promotional Marketing Calendar we need to understand why we must have a Promotional Calendar in the first place. There are a few reasons:

1. We must be pro-active in attracting customers to our store. We can no longer wait until customers walk in the front door.
2. There are …Continue Reading »

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