7 Things I’d Do to Create a Million-Dollar Inventory Plan

inventory management, retail strategies, sales plan, open to buy, inventory turns, initial markup, retail coaching, business growth, cash flow, marketing strategies

If I had to start over tomorrow with no list, no team, and no safety net, the very first place I’d focus is inventory plan. Why? Because inventory is not just products on shelves. It’s cash. It’s a strategy. It’s the engine that either fuels your growth or quietly drains your business. In Part 2 of the Million Dollar Store … Read More

Do Clearance Sales Really Work?

retail trends, Q1 strategies, customer engagement, personalization, inventory management, retail mindset, small business, retail marketing, consumer behavior, retail technology

If January feels heavy for you right now, slower sales, quieter stores, racks full of product that just didn’t move, and the question of whether clearance sales are the right next step, let me start by saying this: You are not doing anything wrong. I hear from so many store owners every January who feel discouraged, worried, or even a … Read More

Too Much Inventory, Too Little Profit? Find Your Goldilocks Zone

inventory turn, retail profitability, fresh inventory, sales strategies, customer experience, retail management, profit margins, inventory freshness, retail success, actionable insights

Have you ever looked at your sales numbers and your inventory and thought, “Wait, where’s all the cash?” You’re selling, your store is busy, but somehow… your bank account doesn’t reflect it. I’ve seen this happen again and again and I’ve been there too. You’re making sales, your store feels busy, and yet… cash flow feels tight. The truth? The … Read More

Breaking the Cycle: How to Stop Buying Yourself Broke

retail, inventory management, profit, business strategy, Inventory cycle, breaking free, profit first, sales strategy

Have you ever felt like you’re buying inventory… selling it… then buying more… and somehow, you’re not actually getting ahead? breaking the Cycle starts here. Friend, I’ve been there. You’re not imagining it, and you’re definitely not alone. A smart retailer named Amanda asked a question in our Richer Retailer Facebook group that hit me right in the heart. She … Read More

Surprising Inventory Insights from a Multi-Million Dollar Retailer

Inventory Insights

Have you ever asked yourself, “If I buy more inventory, won’t I sell more?” Today, we’re unpacking this myth with inventory insights from Alana Turner, the owner of Poopsies, a thriving multi-million-dollar retail store in Galena, Illinois.  Spoiler alert: Less inventory can lead to more sales! Listen to the episode here: Or watch the video here: From College Job to … Read More