When you think about boosting your transaction size, it’s easy to think first about bringing more impulse items into your store. But increasing transaction size has to do with a combination of thorough employee training, effective merchandising and, of course, …
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Across the country, home improvement retailers make a point to carve out their own brands and embrace the needs and desires of their customers. This fact rings true in San Francisco and the surrounding Bay Area communities. Last week, North American …
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If you’re a little confused by all the numbers in the financial statements of your business, you’re not alone. Many retailers would rather be on the salesfloor helping customers than in the backroom poring over paperwork. Nonetheless, those financial statements …
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Click the picture to download a PDF of this story. By Jesse Carleton, jcarleton@nrha.org, and Liz Lichtenberger, llichtenberger@nrha.org Lower your costs and increase your revenue. Just about every retailer would agree that’s a great formula for success. But how do you make it happen? …
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Click the picture to download a PDF of this story. By Hilary Welter, hwelter@nrha.org My name is Hilary Welter, and I just finished living out of a suitcase for 12 months. Over the past year, I had the opportunity to do …
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Financial statements have valuable information that can help you make more informed business decisions. But if reading those statements feels like reading a foreign language, don’t worry, you’re not likely the only retailer who feels that way. Here are some …
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Click the picture to download a PDF of this story. Grab your smartphone, open the Facebook app and start scrolling. Within a few seconds, you’ll see multiple advertisements from companies you likely have some connection with. Maybe you visited their …
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Click the picture to download a PDF of this story. Your retail operation may stock the supplies that traveling vacationers need, but have you thought about marketing specific products to recreational vehicle owners? If your business is located near one …
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