We are honored this year to have such a well respected industry consultant join us for our Client Conference, scheduled for October of this year. I am really excited about Steve’s session topic as it sets the stage for a conference where we can all learn how to better utilize the system, and will get […]
Save re-marking time with these attention getting sale tags.
When marking down merchandise, these colorful tags will save the store time and help customers easily identify sale merchandise. This capability has been in Merchant Plus! for years, but we have finally found a reasonably priced supplier for readable color tags – we’ve also called “addendum” tags because they are designed to be added to […]
Retail Markdowns
Guest Post: Our long time friend and associate, Linda Carter, with The Retail Management Advisors recently published this wonderful explanation of markdowns. She was gracious enough to allow us to re-post her article. This is a great summary and I highly recommend signing up for her newsletters. A simple definition of markdowns is the difference […]
Managing Purchase Order Commitments
Especially for retailers of seasonal fashion goods, buying markets are the most exciting, nerve wracking, and exhausting times of the year. They are also the most critical for continued success. Decisions made in a few long days affect the life blood of the merchant. Balancing emotions with strategies in the “buy” is the secret. The […]
Stock Availability
When it comes right down to it the most important measurement in retailing is how much inventory is available for future sales demand. Too much inventory ties up cash and leads to the erosion of margins. Too little inventory will result in lost sales. While the best tool for managing inventory levels is, hands down, […]
