How to Get Rid of Old Inventory

Get rid of old inventory for improved cash flow

How to get rid of old inventory? This was a question that came through in our retail community, and it is a great one that highlights a situation many store owners find themselves in: How do I get rid of old inventory with enough profit to purchase new inventory and keep my customers coming back for new, beautiful merchandise? SO … Read More

How to Keep Inventory Looking Fresh for More Sales

Keeping inventory looking fresh

Keeping inventory looking fresh is essential for attracting and retaining customers, as it creates a visually appealing and dynamic shopping experience. Here are my top 10 strategies to achieve this in your store: #1: Regular Merchandising Updates Rotate your inventory frequently to showcase new arrivals, seasonal items, or trending products. This keeps the displays visually interesting and encourages customers to … Read More

The Magic Inventory Formula

the magic inventory formula

Are you looking for the magic inventory formula that will finally solve the challenge of having the right amount of inventory in your retail store? “What’s the magic formula for how much inventory to carry and order?” This was a recent question in our retail community. Don’t you wish there was a magic formula that everyone could use to have … Read More

How to Predict Inventory Needs

how to predict inventory needs

One of the best questions you can ask as a retail store owner is “how to predict inventory needs?”, because your inventory is your biggest expense – and so learning to control it results in a huge return on your investment. That’s why I get so excited when I get a question like Elizabeth’s: I’m just getting started, but I’m … Read More