How much does visual merchandising really impact sales? Turns out, a lot. Even with the rise in online shopping and curbside delivery, in-store shopping at physical retail locations isn’t going away anytime soon and brands would be well-served to make sure their brick-and-mortar merchandising strategies and plans are solid. Let’s dive into why it’s so
Retail Success in 2022: Why You Should Hire a Third-Party Service to Audit Store Resets and Promotional Endcap Sets
As we enter 2022, retail brands that want to be successful in another year of change will pay extra attention to their supply chain, in-store audits and resets, and the impact of the labor shortage has on their inventory. 2022 Retail Trends The challenges that plagued 2020 and 2021, like supply chain issues and a
How to Avoid and Reduce Phantom Inventory
Phantom inventory plagues retailers and brands alike. Brands need to know what phantom inventory is and how to avoid it. What is Phantom Inventory? Phantom inventory happens when your products appear to be available at a retail store within a retailer’s inventory system but are actually missing or out-of-stock. When you think that your products
Store Audits: What Are They And How You Can Complete One Efficiently
Audit can be a scary word but it shouldn’t be. An audit takes a look at something you do and assesses whether it’s working, or not. In retail, there are 3 main types of audits: Market Audit – typically done through a survey, this measures brand sentiment & your competition. This is helpful to understand
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