In July, the consumer price index (CPI), which measures the cost of goods and services, jumped 5.4 percent from the previous July, according to a CNBC report. Core inflation, which excludes energy and food costs, rose 0.3 percent, well within …
Read More »Lindsey Thompson
3 Soft Skills Important in a Digital Setting
Soft skills, such as communication and teamwork, are crucial for employees in a retail setting working face-to-face with customers. Those same skills are also important when interacting with customers digitally, whether that’s managing a social media channel, taking online orders, …
Read More »Ace Hardware Makes NRF’s Hot 25 Retailers List
The National Retail Federation partnered with Kantar to release its 2021 Hot 25 Retailers List and hardware retailer cooperative Ace Hardware Corp. made the list at No. 14. The list ranks the fastest growing retail companies in the U.S. based …
Read More »Managing Inventory When Adding a Niche
Adding or enhancing a niche requires more than ordering products and putting them out in your store. Below are five best practices to guide you in managing inventory in a niche category. To learn more about inventory management for all …
Read More »Setting Up for a Successful Small Business Saturday
Your niche category is well stocked, well merchandised and ready for customers to shop. Rather than just wait for customers to discover the department on their own, one of the best ways to get customers into the store is by …
Read More »Hot Products – August 4, 2021
Electronic Hearing Protector (sponsored product) The 3M™ Pro-Protect Electronic Hearing Protector helps you stay aware of dangers on the jobsite. It helps protect you from hazardous noises, allows you to communicate in low noise environments and enhances your situational awareness. …
Read More »5 In-Store Marketing Strategies
From radio advertisements to social media posts, you do all you can to market your business and brand to bring new customers in the store and keep current customers coming back. Once you have them in your store, your marketing …
Read More »Creating an Outdoor Kitchen for Al Fresco Cooking
Providing another way for homeowners to enjoy their backyards, outdoor kitchens have become a hot renovation project in the past year. The National Kitchen and Bath Association surveyed designers, manufacturers, retailers, distributors and allied professionals and found that 76 percent …
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