Industry News - Retail Science

Efficient Inventory Management Keeps You on Top of Margins During Frequent Price Changes

Efficient inventory management helps stores stay on top of frequent price changes and maintain their profit margins.

Retail trends for 2023 may seem like a new car with all the latest gadgets, but the objectives really haven’t changed a lot over the years.

A year-end checklist consolidates valuable information, tells you how your business is performing, and helps you prepare for the year ahead.

‘Tis the season that can make the year for many retailers. Those who can fulfill shoppers’ desires will have a happy holiday shopping season.

October is Cybersecurity Awareness Month. This is how one business suffered a ransomware attack and how Paladin Data Corp helped it recover.

Payment options provide both customers and stores an opportunity to save money and reduce costs.

There is a correlation between the success of a business and the health of its computer hardware. That’s why PC replacement plans are key.

Customer incentive programs are key for any retail business in creating loyal customers and attracting new shoppers.

With employees in short supply and prices rising and falling like the tide, investing in electronic shelf labels might be worth considering.

Using retail technology and a planned purchasing approach helps stores reduce supply chain challenges and number of out-of-stock items.

Only about two-thirds of stores had a website in 2020, when the pandemic closed many of them. Isn’t it time for a business website?

Self-service is the new normal for many consumers. Retail kiosks can satisfy that need and improve any store’s shopping experience.