Retailers: If you cut costs, you played defense. But to win in this (or any) economy, you must also play offense!Retailers: If you cut costs, you played defense. But to win in this (or any) economy, you must also play…
Mobile Coupons – 30 Million iPhone users can’t be wrong!We just got back from ICSC (International Council of Shopping Centers), and we had an amazing experience. We learned how shopping center owners and managers are dealing with the economic downturn,…
Many retailers wonder how they can effectively work with their vendors to get help with goods that are not selling. What I can tell you, is that vendors do NOT respond to “It’s tough out there,” “The economy is killing…
Happy to report that Black Friday sales were booming over the Thanksgiving Holiday; as well as, the Saturday, Nov. 24th sales supporting Small Business shops. I’ll be speaking with the Redondo Beach Chamber Economic Council this coming Wednesday, Nov. 28th,…
Wow! How many times have you all heard about or felt this personally? I assume many of you have heard this time and time again! So what’s the reason for this pain and downfall of cash for the independent retailer?…
How many of you find at the end of the month, season or year that you do not have any money for you, the owner? You are not compensated for all of the risk and hard work you put into…
How do you think the second half of 2019 will be for your store?Weather played a significant part for many stores, and although those kinds of events are typically followed by a spike in sales, many retailers tell me that…
As we get ready for Turkey Day and Black Friday, we’re thankful and excited about all the great tips we have to offer you! Tips: One of the best times to go on sale is the week immediately following Christmas.…
I’m happy to report that our clients YTD Sales are up 18% on average, but down 11% on average in inventory. That’s a significant increase in sales while keeping inventory costs low. Retail Smart Guys is proud of the notable…
The Antidote to Stress and Worry for RetailersI’d like to tell you that this idea came to me while “contemplating in my study” or something as academic and erudite as that. Truth is, it just sorta came to me while…