How to Manage Obsolete Inventory

How to Manage Obsolete Inventory

Obsolete inventory ties up cash. It requires close monitoring to maintain the appropriate level of stock. For most retailers, poor buying decisions lead to poor cash flow. Review aging inventory. Reduce prices to sell slow-moving products and free up the cash to...
Retailers: Get Out of Showroom Denial

Retailers: Get Out of Showroom Denial

For every retailer, pricing is a critical (if not central) focus on dominating their competition.  But even in today’s mobile technology world, many retailers are in showrooming denial.  It is faster and easier than ever for your customers to compare prices in...
Should You Accept Competitor Coupons?

Should You Accept Competitor Coupons?

We Accept Competitor Coupons: Retailers who are pressed to compete with promotions from competitors may believe they need to accept competitor coupons to keep their shoppers loyal. If you see a spike in mail or digital couponing from a competitor, carefully track...