Compliantia
JULY 4, 2023
In fact, for brick and mortar retailers, promotions generally account for anywhere from 10% to 45% of total revenue. Understanding how to manage seasonal sales and promotions is key to running a successful store. This job of managing promotions becomes more complex when you start adding multiple locations into the mix.
Inside Retail
OCTOBER 17, 2023
Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.
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Inside Retail
OCTOBER 28, 2023
And poor management certainly has a lot to answer for in the UK workplace. A staggering 82 per cent of new managers in the UK are what the Chartered Management Institute (CMI) calls “accidental managers”, according to a YouGov survey commissioned among 4,500 workers and managers in June, which has recently been published.
Inside Retail
JANUARY 17, 2023
However, increased promotional activity to attract new and existing customers impacted its gross profit after paid acquisition (GPAPA) margin. It has revised its FY23 operating expenditure to a range of between $125 million and $135 million while its MPR remains broadly in line with the previous year.
Inside Retail
SEPTEMBER 16, 2021
Managing money is a skill that transcends the boundaries of work and personal – what works well in one area applies equally well to the other. Facilitating these lessons not only helps employees’ personal circumstances but the company’s bottom line too. Read on to see how to go about helping young employees better manage money.
Inside Retail
NOVEMBER 6, 2023
With real-time task management and peer-to-peer communication solutions, you can deliver the speed, power and ease your workforce needs to lift productivity and service. By leveraging advanced forecasting to increase front-line engagement, Zebra Workcloud can boost output and satisfy customers.
Inside Retail
APRIL 16, 2023
While certain retailers are identifying the commercial opportunities associated with the month of Ramadan, an expert suggests that Australian retailers are still “at the starting line” when it comes to authentic engagement with the Muslim community. Everyone is at the starting line,” she said.
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