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national retail federation Tagged Articles
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What's Returns Have To Do With It?
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| On a subject I don't talk much about, I wanted to address a subject that does affect retailers, even with a good POS system. And that's about returns. We can't ignore statistics, and these are showing us some important trends in retail fraud. We're finding that fraudulent returns total $9.6 billion a year, according to figures from the National Retail Federation, and a Return Exchange's Retail Returns Study puts the figure at more than $17 billion annually.
Returns that come through an automated system like your POS can take the burden of granting returns out of the store's hands. The merchandise tag can be scanned at point of sale and, when a customer c |
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Strong Retail Sales Offer a Bright Outlook for 2011
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| Amid reports of the strongest holiday retail sales season in five years, optimism is in the air. According to MasterCard SpendingPulse™, a macroeconomic indicator that tracks consumer spending, U.S. retail sales (excluding automobiles) for the period between November, 5 and December 24, 2010, were up 5.5%, to $584.3 billion, compared with a year ago. And the 5.5% increase exceeded industry expectations, surpassing the 3.3% improvement that The National Retail Federation had projected. |
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What to Give Your Clients for the Holidays. . . A Marketing Firm’s Perspective.
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| Every year the holiday rush begins a little earlier. When I was growing up, you really wouldn’t think much about the December holidays until the day after Thanksgiving. Today, come mid-September, it’s not uncommon to see displays featuring Thanksgiving, Christmas and Hanukkah right along side the much anticipated Halloween costumes candy, and home décor at your favorite retail store. |
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Other national retail federation Related Articles
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Lesson #5: Be Clear About Who You Are
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| “When you think about it, you should compare the World Wrestling Federation to other major entertainment companies or motion picture studios,” says McMahon. “We are Hollywood. We're entertainment, and that's what the World Wrestling Federation is all about.” |
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10 Retail Franchise Businesses You May Never Have Considered
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| Everyone knows the most popular retail establishments, and even the word retail often brings to mind days as a teenager, working in a chain store or a mall boutique. Mainstream retail stores are perfectly fine, but for those who want to start a more unique retail store, take a look at some of the retail businesses you may have never considered. |
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Why Some Retailers Are Doing Better Than Others In The Current Retail Environment
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| In evaluating the overall retail situation I noticed that many of our own retail store customers had done well or at least fared better than their competitors in the same retail segment(s). I thought it might be of interest to some of you to analyze what they are doing that is working. |
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5 reasons to automate your Retail
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| Most often I heard retailer saying following:
1. Why do I need retail management software?
2. What are the reasons to automate my Retail?
3. I am running a successful retail without any IT system.
I do not want to debate or argue, but yes I would like to say something on this. |
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10 tips to choose right Retail management software.
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| Unlike most retailers, you may be confused with choices and alternatives available for retail management software. Further, the boom in the retail industry is attracting many spurious vendors to become retail management software companies.
With just 1 or 2 installations in hand, they become retail consultants. Their motive is to make quick money. Beware of them! Please ensure that when you choose retail management software, you do it with an extra care and taking future developments into consideration. Here are a few criteria to evaluate a Retail management software / company. |
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What's Returns Have To Do With It?
| |
| On a subject I don't talk much about, I wanted to address a subject that does affect retailers, even with a good POS system. And that's about returns. We can't ignore statistics, and these are showing us some important trends in retail fraud. We're finding that fraudulent returns total $9.6 billion a year, according to figures from the National Retail Federation, and a Return Exchange's Retail Returns Study puts the figure at more than $17 billion annually.
Returns that come through an automated system like your POS can take the burden of granting returns out of the store's hands. The merchandise tag can be scanned at point of sale and, when a customer c |
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How to maximize store sales during the holiday season
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| The big question everyone is asking these days is if retailers are ready for the upcoming holiday season.
There have been numerous predictions and discussions on how malls and retailers are going to fare. An article in the Wall Street Journal last Tuesday mentioned that forecasters expect a better season for U.S retailers this year, but prices will be more discounted to get consumers into the stores. Another article mentioned that the National Retail Federation expects holiday sales to rise 2.3% from last year. And The International Council of Shopping Centers predicts holiday sales to increase anywhere from 3% to 3.5%. The Corporate News Headline in the WSJ on Thursday was, “Malls begin the healing process, vacancy rate improved for the first times since 2006.”
So, things seem to be looking up – BUT, are they?
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Strong Retail Sales Offer a Bright Outlook for 2011
| |
| Amid reports of the strongest holiday retail sales season in five years, optimism is in the air. According to MasterCard SpendingPulse™, a macroeconomic indicator that tracks consumer spending, U.S. retail sales (excluding automobiles) for the period between November, 5 and December 24, 2010, were up 5.5%, to $584.3 billion, compared with a year ago. And the 5.5% increase exceeded industry expectations, surpassing the 3.3% improvement that The National Retail Federation had projected. |
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Creating The Perfect Holiday PR Pitch: Tapping Into The Billion $ Spending Season
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| The holiday season represents a huge opportunity when in comes to selling your product or service. According to the National Retail Federation, “in 2010, holiday sales increased 5.2% to $452.9 billion. And that’s just retail. Just about any business or service can utilize the holidays to boost sales. We generally think of the season boosting sales of clothing, jewelry or electronics, which it does, but those are just the obvious ones. If you’re in the FBI or CIA, you might have some trouble developing a holiday pitch, but generally there is going to be a way that you can pitch your business, product or service during the holiday season. |
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A Four Letter Word That Will Transform Your Business
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| I use to get annoyed by Valentines Day. I considered it a cash grab perpetrated by the greeting card, floral, lingerie and confectionary industries to get American consumers to pay $18.6 billion (according to the National Retail Federation) in order to materially express our love for our partners. A ritualized example of commercial hucksterism. |
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