Tag Archives: transaction size

Increasing transaction size is one of the easiest ways to increase profits, and one way to do it is to train employees on their role in the sales process. Training them on proper sales techniques and offering incentives around meeting …

Tractor Supply has released its 2023 annual report, which shows the farm, pet and ranch retailer saw net sales increase 2.5% over 2022 to $14.56 billion. Comparable store sales were even with the prior year, while comparable store transaction size …

Each quarter, the North American Hardware and Paint Association (NHPA), in conjunction with The Farnsworth Group, surveys independent retailers on several key operating metrics. The Independent Retailer Index asks retailers across the U.S. about their year-over-year performance in the previous …

Increasing sales doesn’t always require a major capital investment. You can use tools you already have, which is what Victoria Cook-Cranton, floor manager at Annapolis Home Hardware Building Centre (AHHBC), has discovered.  Cook-Cranton has spent the past couple of years …

As floor manager at Annapolis Home Hardware Building Centre in Annapolis Royal, Nova Scotia, Victoria Cook-Cranton has spent the last two years on a campaign to increase the average transaction size at her store. Now, the owners of the business …