While the current drop in consumer spending has hit organized retailers, that is not the only reason for their woes. Retailers need to better understand and define their value proposition to their...

Retailers must focus on increasing efficiency, improving margins, and leveraging new technologies to stay competitive. Right sizing, which involves reducing store space and replacing slow-moving...

Department stores in the US are facing severe sales declines due to the financial crisis, with major retailers like Nordstrom, Macy's, and JC Penney experiencing drops in profits. Heavy discounting...

Fashion trends evolve through continuous innovation in fabric, style, and design. Trends typically flow from Western countries like the USA, UK, France, and Italy to Eastern markets such as China and ...

Choosing the right POS equipment is vital for small businesses, as it handles customer transactions and links to merchant accounts. In a cashless market, it's essential for processing payments. POS...

Many retailers invest in BI and CPM tools hoping for quick, user-friendly data insights. However, these tools often act as raw components needing heavy IT input for setup, integration, and...

Global turmoil has hit all industries, including designer apparel. Recession-weary retailers now seek stylish yet affordable options. As the financial crisis spreads globally, luxury brands face...

In February 2009, US retailers showed mixed results. Some, like Hot Topic and The Buckle, posted positive sales growth, while others, such as Gap Inc. and Abercrombie & Fitch, saw significant...

Improving product availability without additional investment can double or triple profits. By replenishing based on actual sales, avoiding overstocking, and using central warehouses, companies can...

India's retail sector is thriving due to increasing disposable incomes, with retail contributing 10-11% of the country's GDP and employing over 4 crore people. The growing demand for quality...