By Tony Corsberg, Principal, Merchant5 Advisors One of the most economical ways to increase sales is by increasing the average transaction size of the customers already in the store. Promotional space management is a valuable tool for achieving this, as …
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Expert Column: Crafting The Right Product Assortment
By Tony Corsberg Principle Merchant5 Advisors Product assortment is the bedrock of retail. Assortment planning is the process of selecting the right items to be presented in a limited selling space that meet customers’ needs and are productive inventory within …
Read More »NHPA Offers BOGO 50% Off Foundations of Merchandising Management Live!
Are you ready to gain the skills and strategies to improve and manage the merchandising and customer shopping experience at your operation? The North American Hardware and Paint Association’s (NHPA) Foundations of Merchandising Management Live! event is back at the …
Read More »Store Displays to Inspire Your Visual Merchandising
Merchandising plays a critical role in the overall success of a business. It improves profitability by generating more margin dollars, controls costs by improving the productivity of the salesfloor and employees and increases sales by making a store appealing to …
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