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
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
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
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
Cash Flow Eaters – How to Identify and Eliminate them From Your Inventory
Are cash flow issues keeping you up at night? If you’ve ever felt like your sales are strong but your cash flow tells a different story, the problem might be hiding in plain sight, in your inventory. Let’s talk about “cash flow eaters” and how to eliminate them for good. Ready? What Are Cash Flow Eaters? Cash flow eaters are … Read More
