A myriad of brands are fighting with one another to gain customers’ attention. What is one of the crucial elements for deciding their success or failure at this attempt? Visual Merchandising (VM) could be the answer. Undeniably, impeccable visual merchandising is a...
5 Big Challenges Facing the Retail Industry
The retail industry is one of the fastest-growing sectors in the world. With more retailers slowly expanding their business from brick and mortar to online retail stores, there is no looking back for players in this industry. But on the flip side, the retail industry...
Top KPI Metrics to Squeeze More Dollars From Your Retail Store
For a long time, retail stores have been using pretty straightforward KPI metrics to measure their performance. The performance was usually measured in terms of physical transactions, including costs, margins, stock turnover, and like-for-like sales. Such KPI metrics...
Counting Down the Pioneers of the eCommerce Business
The shopping habits of the consumers across the world has changed significantly. Today, they prefer to make purchases from the comfort of their home. Online shopping is rapidly replacing traditional store shopping. Although traditional retailing still accounts for a...
Supplier Identification and Profiling for a European Retail Store Helps Reduce Supply Disruptions and Inefficiencies
Currently, innovations in the retail industry have brought about a transformation in the shopping patterns of the customers with the majority of the shopping activities happening through online channels. With the prominent retail stores shifting toward an omnichannel...