Articles, Retail Stores

Things to Look for When Buying a POS System

Whether you’re opening your doors for the first time or you’re upgrading to a platform that can keep up with your growth, buying a POS system isn’t to be taken lightly. Searching for a new POS system for your retail store can be a complicated process. How do you know what you need to ask? What features are absolutely necessary
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Retail Stores

Pricing Demystified: The Competitive Pricing Strategy

One of the most confusing and mystifying aspects of opening a retail store or starting to sell products online is figuring out how to price products. There’s a lot to consider when it comes to pricing. Are customers willing to pay what I’m asking for? Am I charging too much? Am I not charging enough? Can I afford to discount my prices?
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Retail Stores

4 Sales and Promotional Ideas to Increase Holiday Revenue

The winter holidays are one of the most crucial sales periods for retailers. Some of the biggest sales days of the year happen in the two months leading up to the new year, setting businesses up with the capital to grow. Are you ready? Do you have your sales and promotional ideas planned out? Here is 4 Sales and Promotional Ideas to
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Retail Stores

Tips to Keep Your Retail Store Secure

Retail theft is on the rise. Between 2015 and 2020, theft increased from 1.4% to 1.6%. With the retail industry generating $3.1 billion in brick-and-mortar sales in the United States in 2020, that seemingly meager 1.6% translates to nearly $50 billion in retail inventory shrinkage. Of these losses, $2.1 billion can be attributed to organized crime
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Retail Stores

Everything you Need to Know About How to Buy Wholesale

When you start a retail business, one of the first things to figure out is where you’re going to find products to sell. This might mean buying from wholesalers. Most retailers don’t make their own merchandise. Instead, they get their products from wholesalers. Not only are wholesalers great sources of merchandise, but as your business grows
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Retail Stores

How to Start a Subscription Business

Subscriptions are no longer just for newspapers and magazines. From beauty product samples and replacement razor cartridges to meal kits and candles, you can get anything shipped to your home on a recurring basis nowadays. This article provides information on How to Start a Subscription Business.
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Retail Stores

Retail Loss Prevention: How to Secure Your Store

Retail theft is on the rise. Between 2015 and 2020, theft increased from 1.4% to 1.6%. With the retail industry generating $3.1 billion in brick-and-mortar sales in the United States in 2020, that seemingly meager 1.6% translates to nearly $50 billion in retail inventory shrinkage. Of these losses, $2.1 billion can be attributed to organized
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Retail Stores

Clothing Boutique Business Plan Template

Whether you’re a first-time business owner or a seasoned entrepreneur, your new clothing store will benefit from having a formal boutique business plan. A business plan is a document that outlines its intended purpose and goals and helps serve as a reference to keep you on track after you open your doors. If you plan to raise capital
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