Being around a long time does not create entitlement to business or relevance. It didn’t help Woolworths or Montgomery Ward and it isn’t helping Sears. It also did not help many of the 750 retail jewelry stores that exited stage-left last year. If you can’t identify your reason fo...
Learn the major differences between wholesale and retail, with examples and how to choose the best option for your business.
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Investing in employee morale can actually save you money in the long run by reducing costly turnovers and the need to constantly hire new people. Remember: It’s important to regularly monitor your progress and adjust your strategies as needed....
s difficult to find and maintain inventory since you have to rely on what’s available in stores. To get the best deal, you must capitalize on sales, clearance deals, and closeouts. That’s why certain products are better with retail arbitrage than others. Look at these ideas to get ...
The eCommerce industry has seen the biggest spike in retail sales in its history. More traditional retailers are selling their goods online and more brick-and-mortar stores are jumping in. Yet, a lot of experts are skeptical. There were a lot of shipping delays and the pendulum might be ...
Many small-scale retail operations and service-oriented businesses are commonly run as sole proprietorships. Each of these businesses benefits from the simplicity and flexibility that comes with sole proprietorship, but they also expose the owner to personal liability for any business debts or legal ...
Developers Admins Salesforce Platform Retail Peter Chittum Peter Chittum is the former Senior Director of Developer Advocacy at Salesforce. He lives in England with his family and finds time to ride his mountain bike, play music, and travel in his free time. More by Peter Get...
Institutional investors are large entities such as pension funds, hedge funds, and insurance companies that hire finance and investment professionals to manage large sums of money on behalf of their clients or members. They typically have access to more resources and information than retail investors,...
Companies are often pressured to achieve better financial results, and the first area they look at is payroll. They hire less headcount, so exempt employees end up doing the work of more than one employee. This makes overtime work the norm. Hence, many exempt employees have made the choice...