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

New Year, New Retail Rules | State of Retail: Q1 2026

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

Happy New Year, friend. If Q1 ever makes you feel a little off-balance, you’re not alone. After the rush, the late nights, and the intensity of the holidays, this season can feel quieter… almost uncomfortable. But here’s the reframe I want you to sit with: Q1 is not a slow season. It’s a reset season. In retail, especially right now, … 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

Best of 2025 – Lessons From The Top 5 Episodes

Collage of five podcast thumbnails from the Richer Retailer Podcast with title “Best of 2025: Lessons from the Top 5 Episodes” and Cathy Donovan Wagner pointing to the title.

As I sit down to reflect on our first year of the Richer Retailer podcast, I feel overwhelming gratitude. For your ears, your hearts, your courage, and your commitment to keep showing up for yourself and your store even on those messy, uncomfortable days. Along the way, we’ve shared powerful lessons about growth, resilience, profitability, and what it truly means … Read More

Make Every Customer Count | State of Retail: December 2025

retail, customer engagement, sales strategies, consumer behavior, AI in retail, customer experience, holiday shopping, retail trends, business growth, retail insights

Can you believe it’s already December? Crazy how fast the year has flown by! If you want next December to look totally different with more cash flow, less chaos, and a store that actually runs smoothly without you then the time to start is right now. And it all begins with one thing: Customer Count. In this month’s State of … Read More