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How to create an Effective Merchandising Plan

Compliantia

It wasn’t too long ago that retailers and consumers were facing a plague of out-of-stock merchandise and empty shelves — on account of supply-chain disruptions in global retail. This is where a merchandising plan can help. This article will guide you through the process of crafting an effective merchandising plan for your retail store.

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Retailers running out of stock as port dispute persists

Inside Retail

ARA CEO Paul Zahra said retailers have managed to minimise the negative impact on consumers, but warned the inconvenience of out-of-stocks and delays could soon escalate into higher prices on everyday essentials. Zahra called for urgent resolution of the dispute, to prevent any further adverse impacts for importers, retailers and consumers.

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Thriving Through Retail Seasons: Financing Strategies For Consistent Growth

RetailMinded

From the bustling holiday season to the quiet lulls in between, managing cash flow during these ebbs and flows is a critical challenge. Failure to effectively manage cash flow during peak and slow periods can lead to inventory shortages, operational disruptions, and financial distress.

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Visual Merchandising Checklist

Compliantia

Eighty-six percent of retailers report there is a correlation between well-executed visual merchandising and conversion rates. Using a Visual Merchandising Checklist in-store helps ensure your programs are executed on time and across all locations. Customer traffic flow is aided by store layout. STORE EXTERIOR.

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A Retailer’s Basic Guide To Warehouse Management System

RetailMinded

Inventory management and control, despite their difficulty, are the most critical functions of a successful retail organization. . Many retailers’ success is contingent upon managing their inventory effectively. And overstocking your store will have a detrimental effect on your cash flow. Usual Types Of Retail Inventory .

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Sport and retail: How brands can leverage the buzz around the Matilda’s

Inside Retail

On the weekends and around major sporting events our centres are buzzing, with many of our customers visiting for lunch or dinner before or after a match to purchase team merchandise from our business partners,” Petroska told Inside Retail.

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5 Ways Poor Logistics Management Can Affect Your Business

RetailMinded

Add to that not being on top of your logistics management, and you can be facing disastrous consequences on the health of your business as a whole. Improving the logistics management process will translate into increased operational productivity and efficiency. Poor Warehouse Management. Logistics Management Can Be Conquered.