Retail and merchandising consultantSarah Shapirosays, “At many large retailers, the buyer or merchant for one department might not be the same buyer for the area you want to cross merchandise with. It’s impor
The less time any returned items spend in limbo, the more efficient and cost-effective reverse logistics will be. That means setting up the process so that the return is in constant motion toward its next stop. Products in need of repair should be sent straight to that department, for examp...
Merchandise can get grouped by theme, occasion, or lifestyle. It’s important to keep your customers in mind and choose complementary products that have a logical connection. For example, if graduation season is approaching, you can make it easier for shoppers to find an outfit. Place dresses...
In recent years, I’ve called a few local Costcos and they confirmed to me that you can purchase food from the food court without a membership. Furthermore, I have personally used kiosks for payment at Costco food courts and they have not asked for membership (just a valid form of payme...
It is critical to strike a balance for national players between centralized management and meeting the different needs of local shoppers. Consequently, managing rapid store expansions while bringing high standard merchandise and service experience are fundamental to their successes. Focus on fresh food ...
If all items are 0.99 cents each, what is the cost C(x) if two items are purchased? Give the expression of the cost. Find the profit function when the cost function is given by C(x)=2x-56 and the revenue function is given by R(x)=x^2+45, where x is the number of the items...
Just for you Latest tips to improve ecommerce logistics See All Supply Chain Digital Transformation 101: 8 Ways to Transform Your Supply Chain Understanding & Improving The Order-to-Cash (O2C) Cycle & Processes Merchandise Inventory Guide: What It Is & Why You Need It...
3. Find your vending machine Finding your vending machine can be as simple as an online search. To get an idea of the different vending machines offered and price points, search both local and national suppliers. You’ll also want to consider the cost of inventory when looking at vending ma...
Here's how souvenir shop businesses can grow and knock their sales goals out of the park, to become a must-visit destination for tourists and locals alike.
Make sure you’ve purchased AliExpress buyer protection, so that you can resolve disputes with your supplier in case of poor quality merchandise or lost packages. Search engine optimisation: Driving traffic to your site is essential for generating sales. The more traffic you have, the more ...