Retail Minded

MAY 8, 2024

Choosing the right location for your company is essential since it will have a direct impact on your business success. The right location will boost your visibility, improve accessibility, and connect you with your target audience. So, choosing the wrong location will restrict your options and cost you money.

Location 52

Location Clienteling Sporting Goods Operating Expenses 52

Retail TouchPoints

DECEMBER 4, 2023

Their critical shortcoming is the lack of valuable metadata, including data collected from barcode scans, pedometer readings, timing and location. This process often consumes a substantial amount of labor, time and cost, accounting for 50%-75% of total operating expenses in a typical retail store.

Operating Expenses 252

Operating Expenses Shipping Accounting Shopping 252

Retail TouchPoints

MAY 29, 2020

Nordstrom, like many other department stores, had a much weaker quarter: overall sales fell 40% , with full-price locations dropping 36% and the off-price division declining 45%. of its locations and plans to have all stores operational again by the end of June. Abercrombie has a similarly positive outlook despite its troubles.

Department Stores 155

Department Stores Operating Expenses Store Operations Apparel 155

Small Biz Trends

JULY 21, 2022

“Economic Injury Disaster Loans may be used to pay fixed debts, payroll, accounts payable and other bills that cannot be paid because of the disaster’s impact. To be eligible businesses need to be located in declared disaster areas and must have sustained economic injury.

Operating Expenses 115

Operating Expenses Accounting Location Management 115

Small Biz Trends

JULY 1, 2022

Small nonfarm businesses, small agricultural cooperatives, and small businesses engaged in aquaculture may qualify for EIDL loans of up to $2 million to help meet financial obligations and operating expenses that could have been met had the disaster not occurred. Businesses can also download applications at [link].

Operating Expenses 105

Operating Expenses Accounting Location Management 105

Small Biz Trends

NOVEMBER 19, 2022

Each business can apply for between $5,000 and $45,000 to cover various operating expenses like rent and payroll. The match may be in the form of cash, investment accounts, recently completed investments or pandemic-related lost revenue. Five businesses in each location may receive awards.

Operating Expenses 105

Operating Expenses Accounting Location 105

Small Biz Trends

JUNE 23, 2022

SBA Express Bridge Loans offered small businesses affected by Covid-19 to get up to $25,000 to cover operational expenses. The Shuttered Venue Operators Grant (SVOG) program offers over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance.

Operating Expenses 134

Operating Expenses Accounting Promotions Location 134