Category Archives: NEWS

Cash flow, or lack thereof, can be a major problem for any type of business. In a retail business, it can hinder the stocking of shelves, hiring additional staff, and you, the owner, taking home your own paycheck. Understanding potential … Continue reading

1 Comment

It happens to every retailer. Sometimes you make either order too much of something, or simply order a product you think your customers will buy, but they just aren’t interested. Having a surplus of unwanted merchandise can hurt the aesthetics … Continue reading

Leave a comment

Whether you have been in the retail for a short time, or a lifetime, remerchandising is an important part of retail sales. By its very definition, remerchandising is simply the act rearranging products of a store to give the store … Continue reading

Leave a comment

When it comes to marketing your business, simply sending out flyers or posting fancy advertisements in your store window are gone. These days, it takes much more than that to build your brand. Why? Perhaps because every form of media … Continue reading

Comments Off on How to Use Your Personal Story to Build Your Brand

Why Do Comic Book Stores Have Difficulty Staying in Business? In July 2019, “Avengers: Endgame” became the highest grossing film of all time. It grossed worldwide movie ticket sales reaching $2.79 billion. With the incredible success of the Avengers films, … Continue reading

Comments Off on Unique Challenges for Comic Book Stores to Stay in Business

Let’s face it, in running any type of retail store these days, you have to be creative. For many, money is tight, and the competition can be fierce. A major key to keeping your doors open is keeping your customers … Continue reading

Comments Off on 6 Common Mistakes That Keep Your Customers From Returning

As a business owner or manager, you may not think of online reviews of your business as being important. They are! Whether on your own website, Facebook page or various business sites such as Yelp, Google Reviews, or TripAdvisor, customer … Continue reading

Comments Off on The Double-Edged Sword of Customer Reviews

Upon opening a new business, no one is considering under what conditions they may want to close that business. But, there comes a time everyone must make that decision. Whether you have been in business for only a few years, … Continue reading

Comments Off on Closing Considerations

Despite recent reports by CBS News that retailers have closed 7,000 stores in the first half of 2019 and are projected to close 12,000 stores by year-end, the death of retailing is greatly exaggerated. There is no more powerful selling … Continue reading

Comments Off on The Death of Retailing

When it is time to close a retail business, owners shouldn’t take it upon themselves to do it alone. There are all sorts of reasons for closing – a retirement, wanting to take a step in a different direction, or … Continue reading

Comments Off on 3 Reasons to Hire a Hardware Store Liquidation Company – GA Wright Sales