Technology: A Key Challenge Facing Emerging Retailers
As a business grows, so does its challenges. One of the top issues affecting growing retailers is technology. While Excel spreadsheets, gut instinct and store feedback initially worked to manage inventory, a more cohesive solution connecting people, process and data is required for the business to continue to grow and thrive. Cutting edge technology can
Read MoreEmployee Training and System Upgrades are More Essential Than Ever
We have experienced a historic shift in labor trends, post pandemic. Gone are the days of a workforce striving for the “gold watch” at retirement. Or a 9-5 workforce tethered to a specific HQ location. Today’s workforce can work from anywhere, easily switch industries, functions or jobs multiple times in their careers. According to CNBC,
Read MoreWhen Omni-Channel Merchandise Planning is Anything but Omni
Is this your company? You have Retail Stores, Outlet Stores and an Ecommerce site. You plan each channel separately, but because it is under the “Direct To Consumer” umbrella, you can see your Total DTC Rollup. But what if you also have a Wholesale channel? How do you plan that channel, and more importantly, where
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