Retail TouchPoints
MARCH 26, 2024
While most of the companies I’m naming are big multinationals, the other thing that’s great is to see mom-and-pop specialty stores, old-fashioned types of retailers in Atlanta, where I now live, showing support for (and by) LGBTQ+-owned businesses. RTP: What’s your personal favorite part of Pride month and Pride celebrations?
Inside Retail
MAY 22, 2022
Koreans haven’t been getting out much because of international travel restrictions so a lot of that extra cash is being splashed in department stores, especially by those at the high end. The leading department store operators have seized eagerly on the opportunity by renovating and devoting more space to upscale brands.
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Retail TouchPoints
SEPTEMBER 3, 2020
On average, food, drug and mass merchants lose five margin points on returns; for department and specialty stores, it’s six points , according to IHL Group. Whatever solutions are employed will add cost to a returns process that already cuts into profit margins.
Small Biz Trends
JULY 8, 2021
We have assembled all the numbers you need, including store operations, shopper behaviors, how retailers market their businesses, and much more. If you own a retail store or are considering shop ideas for a new one, take a look at the stats below. Specialty stores are often a part of small retail store businesses.
Retail Next
AUGUST 27, 2020
Conversion rate is extremely important in the retail industry, and is a metric that drives store sales, margin, and survival of the overall business. This is especially the case for specialty stores with high unit prices. Conversion is influenced by multiple factors, from location to product type, visuals, and your people. .
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