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How to Increase Your Retail Efficiency ?
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Embrace New Tech: Software and Hardware
Embrace New Tech: Software and Hardware
Upgrading your IT infrastructure and adopting a solid state drive (SSD) over the conventional hard drive helps employees start their…
Caroline Moutet
Dec 6, 2016
Lead with Prominent Brands
Lead with Prominent Brands
After determining which departments customers prefer, begin developing strategies around products that can serve as anchor tenants and…
Caroline Moutet
Dec 6, 2016
Simplify and Improve the Store Layout
Simplify and Improve the Store Layout
The layout of the store should be designed around making it easier for customers to navigate. Clearly designated departments, strategic…
Caroline Moutet
Dec 6, 2016
Increase Sales Per Square Foot
Increase Sales Per Square Foot
Sales per square foot is defined as the average revenue for each foot of sales space available. Dividing total sales by the square feet of…
Caroline Moutet
Dec 6, 2016
Measure Performance with Retail Formulas
Measure Performance with Retail Formulas
Aside from sales per square foot, you can also consider sales per linear foot of shelf space when you have a large number of wall units…
Caroline Moutet
Dec 6, 2016
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