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Tag / Finances

Technology is Changing How You Pay Suppliers

Most smaller retailers work with dozens of brands and other suppliers—for everything from inventory to packaging. Your relationship with your brands can have a significant impact on your bottom line, particularly when it comes to timing payments. You want to stretch out payments as long as possible, while your supplier would prefer to get paid...CONTINUE READING
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holiday purchasing

Holiday Shopping: How to Budget and Purchase for the Holidays

With all the economists, retail experts and futurists talking about the 2018 holiday season being driven by AI (Artificial Intelligence), apps, digital integration and an omni-presence of stores (your e-commerce and physical store being linked), there is one outstanding prediction that bodes well for the brick and mortar retailer:   "Shoppers will return to Main...CONTINUE READING
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A special coverage from Coalition of Visionary Resources COVR in partnership with Kim Perkins   Q: I’m new to the Mind Body Spirit industry: How do I decide what products to carry in my new store/what are the right products that I should have in my store to increase sales?    A: For most Mind/Body/Spirit retailers,...CONTINUE READING
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Category:Shop Talk