The Open to Buy is a highly effective blunt instrument used by most general merchandise retailers to plan their purchasing and control inventory. I am...
GMROII (Gross Margin Return on Inventory Investment) is one of those terms that is bandied about a lot, but yet is surprisingly poorly understood. The...
We’ve researched five strategic tools you can use to increase sales and maximize profits in the retail industry. These tools give you the resources to...
Suppliers and buyers working together collaboratively as a team can have a dramatic effect on achieving business goals and increasing sales. Here is...
by Lesya McQueen As a former Senior Vice President of Apparel, Footwear and Infant Consumables at Walmart Canada, I witnessed firsthand the power of...
In a perfect world, your retail partner would have the right quantity of stock for every item in every store. Reality, however, gets in the way...