Small Biz Trends

JULY 8, 2021

Here are interesting data from the National Retail Federation report to help you assess how big the retail industry is: Retail supports 1 in 4 American jobs, which is over 50 million American workers. The contribution of the retail industry reaches around $1 trillion Direct Labor Income. economy is retail, now you know.

Specialty Store 138

Specialty Store Specialty Retailers Social Commerce Advertising 138

Retalon

JULY 27, 2021

Once you start “peeling the onion”, you quickly discover that each retailer has business-specific considerations that are critical for their business. For instance, Destination resorts that run gift shops must account for occupation rates in their hotels as well as weather. Last year’s data is not reliable.

Specialty Retailers 41

Specialty Retailers Accounting Jewelry Location 41

Rangeme

OCTOBER 13, 2022

The pandemic gave people a lot of opportunity to try new things in the kitchen,” says John Rosenblum, Category Manager – Grocery, Dairy & Frozen for RangeMe user Citarella , a New York City-based distributor and gourmet foods retailer with stores in Manhattan, Long Island and Connecticut. Mushrooms are just so versatile.”.

Beauty and Health 52

Beauty and Health Merchant Services Accounting Consumer 52

Retalon

JUNE 19, 2017

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. TPS is a highly seasonal, event-driven retailer with many high peaks and low valleys in demand.

Merchant Services 32

Merchant Services Specialty Retailers Inventory Management Promotions 32

Retalon

JUNE 19, 2017

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. TPS is a highly seasonal, event-driven retailer with many high peaks and low valleys in demand.

Merchant Services 32

Merchant Services Specialty Retailers Inventory Management Promotions 32

Retalon

JUNE 19, 2017

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. TPS is a highly seasonal, event-driven retailer with many high peaks and low valleys in demand.

Merchant Services 32

Merchant Services Specialty Retailers Inventory Management Promotions 32

Indigo 9 Digital

FEBRUARY 28, 2023

Although clothing is a department store staple retailers like Sears or specialty retailers like Gap couldn’t keep up with a more nimble fast fashion retailer like Forever 21. It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Rangeme

MARCH 2, 2021

During ECRM’s Toy Program held earlier this month, I participated in virtual meetings with a dozen buyers from a variety of retailers ranging from large national chains to online and specialty retailers, both in the U.S. and Canada, and picked their brains on what category trends contributed to this growth during the pandemic.

Outdoor 52

Outdoor Consumer Specialty Retailers Accounting 52

Retail TouchPoints

OCTOBER 20, 2021

We’re seeing brands continue to lose their footing, because in the rush to accommodate the immediate consumer demand, they’re failing to take the importance of the human experience into account for the long term.

Specialty Retailers 198

Specialty Retailers Fulfillment Consumer Advertising 198

Retail TouchPoints

APRIL 2, 2021

This new dynamic requires a reimaging of the standard customer relationship management (CRM) software that retailers have typically used to offer customers a basic level of personalization. Customers don’t want to be managed anymore; they want to be delighted. The Road Ahead for Retail.

Customer Experience 149

Customer Experience Specialty Retailers Marketing Spend Management 149

Retail Geek

JANUARY 12, 2024

A least one retailer has an AI based auto-replenishment solution with significant adoption. Bifurcation drives at least two more retail bankruptcies, including 1 national specialty retailer, and one general merchandise/dept store. two top 50 retailers) China companies focus more on West and get more traction.

Drop-Shipping 59

Drop-Shipping Apparel Shipping Fast Fashion 59

Inside Retail

JUNE 17, 2021

According to a 2019 study by McKinsey, young Chinese consumers will account for 65 per cent of the growth in luxury fashion and accessories globally heading into 2025. At the same time, tech solutions are globalised in order to ensure brands can manage their global retail estate using a single solution worldwide. cegid.com/en.

Payment Services 113

Payment Services Fulfillment Specialty Retailers Social Commerce 113

Retalon

SEPTEMBER 3, 2020

There are several different approaches that companies take to measuring GMROI, each based on the nuances of their unique internal accounting systems. Even amongst retailers, GMROI can be calculated slightly differently. But for internal accounting purposes, retailers may use variations of this formula to get slightly different numbers.

Returns 41

Returns Accounting Fulfillment Markdowns 41