Small businesses dominate the retail business. While big companies such as Walmart, Nordstrom, Best Buy, Bloomingdale’s, and others fill the business headlines, about ninety-five percent of retailers in the United States only have one store outlet. The face of retailing is changing, and no one is more affected by these changes than small independent retailers. Small … [Read more...] about 8 Trends in Small Business Retailing
Retail Business
Charting the Course of Retail Analytics: Examining Shopper Behavior with Indoor Mapping for Enhanced Store Layouts
Many critical components develop the relationship between shoppers and the products they buy. What might appear to be a well-organized display that “match makes” the customer with a product is, in actuality, the end result of hours of meticulous planning, data crunching, and research carried out by stores and employees as a result of communication, timing, and yet more … [Read more...] about Charting the Course of Retail Analytics: Examining Shopper Behavior with Indoor Mapping for Enhanced Store Layouts
ERP in Retail: What It Is and Why Your Business Needs It
Retail has changed dramatically with the growth of online shopping. Learn how enterprise resource planning software or ERP in retail can benefit retailers. Today, retail is one of the most booming industries in the world. Since the turn of the century, retail has changed dramatically. Nowadays, brick-and-mortar shops aren't the only thing, online shopping has become a … [Read more...] about ERP in Retail: What It Is and Why Your Business Needs It
Age Verification Tech: How the Future Will Impact Retailers
Have you ever encountered being asked for ID when buying liquor or cigarettes? This simple act of asking for your identification is a way for the retailers to ensure that the customers or clients are at the right age to purchase and consume these products. Also, laws such as the PACT ACT are imposed to require tobacco or vape sellers to have pre-sales check. Age … [Read more...] about Age Verification Tech: How the Future Will Impact Retailers
Holiday-Related Retail Crimes: What You Need to Know
The holiday season is a time for joy and celebration, but unfortunately, it is also a time when criminal activity increases. Organized theft rings and criminals often take advantage of the holiday season to target retail businesses that are more vulnerable due to holiday shopping, transaction spikes, and other distractions. From shoplifting to credit card fraud, holiday-related … [Read more...] about Holiday-Related Retail Crimes: What You Need to Know