Tag Archives: inventory management

AS YOU SHAPE YOUR merchandising, product procurement and operations strategies, knowing customers’ purchasing tendencies will set you up for success. Dig into eight stats from the How to Sell Direct in the Age of the Conflicted Shopper Report from logistics …

Total Retail, which provides retail executives with the latest news and analysis on the retail industry, conducted a survey of its audience to gain insights into how companies are using technology and how they plan to allocate future technology spending …

The North American Hardware and Paint Association (NHPA) is looking forward to hosting the 2023 NHPA Independents Conference Aug. 2-3 in Dallas, an industrywide event that brings together retailers, wholesaler representatives, vendors and other channel supporters, regardless of affiliation. Over …

In 2019, Michelle and Gary Meny, owners of Meny’s True Value, purchased a third location in Ferdinand, Indiana, which was the catalyst to bring all three locations under one umbrella. Prior to opening the new location, the first two did …

With an Excel file, a few well thought out formulas and a desire product selection at the basic level, Cody Miller created his own program for determining the profitability of each department—down to a 4-foot section in each—in his operation’s …

Even when the lingering supply issues from the COVID-19 pandemic resolve, inventory management will continue to be a high priority for retailers. Jared Brown, director of business intelligence for The Aubuchon Company, shares five insights into making the process easier …

Whether it was the Kansas City Chiefs home opener win on Thursday night, the product assortments, the pricing, or a combination of everything, spirits were high on the floor of the Blish-Mize Fall Market in Overland Park, Kansas over the …

While shoplifting receives most of the attention when looking at shrinkage, internal theft and fraud also account for a large percentage. While the National Retail Federation (NRF) doesn’t track the data anymore in its annual National Retail Security Survey, in …