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Analysis: EOFY won’t end the tough times for many

Inside Retail

The retail industry has cause for a touch of optimism entering the next financial year but it is unlikely that the rollercoaster ride is over for everyone. Retail sales for the first four months of 2022 are showing encouraging growth but the devil is in the detail, with the underlying driver of the increased revenue levels being inflation.

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Vertical Integration, Collection Software, and Other Trends That can Make a Brand Thrive

Retail Focus

The Guardian reported that retail sales jumped over 5% as Covid restrictions started to be eased in April 2021. This is a boon to the retail sector in the UK and it is hoped that this is a sign of the high street re-emerging. Using collection software to increase cash flow.

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7 Costly Mistakes to Avoid in Retail

Compliantia

This article discusses some of the most common mistakes in retail you must avoid in order to promote longevity and profitability. Managing a retail business isn’t a cakewalk — it has a number of moving parts and processes that operate simultaneously. Inventory management. In fact, even as total retail sales saw a 10.6%

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Retail’s Supply Chain Puzzle: Understanding And Addressing Retail Supply Chain Challenges

RetailMinded

According to a report by Maersk, 40% of retailers have wanted to increase the resilience of their supply chains since the global pandemic, which impacted businesses. Fluctuations in demand can lead to overstocking or understocking, affecting the bottom line.