Category: Staffing & Store Management

10 Time Management Tips For Retailers: How to Get the Important Things Done in Your Store

This is a post by Abby Heugel As a retailer, you know better than anyone else that time is practically money. If you waste time with inefficient processes, you’re leaving money on the table that will be quickly scooped up by your competition. But whether you’re a retail manager with years of experience or someone with a new shop, you can easily be pulled in multiple different directions on any given day. It can be hard to focus on one task at a time when you’re trying to deal with customers, train your staff, and maybe actually get a few

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How to Speed Up the Checkout Process: 5 Tips for Ring Up Sales Efficiently

This is a post by Alexandra Sheehan. The brick-and-mortar checkout process used to be pretty standard across the board. Merchants would handle cash transactions, accept checks, or process credit card payments at a cash register. As retail technology continues to advance, it’s morphing the checkout experience in the process. And as ecommerce continues to stake its claim in retail, stores have to compete with the easy checkout process and online shopping experience offers. Let’s take a look at how you can make the checkout process a little quicker so you can capture a lot more sales. 1. Accommodate different forms

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Store Layout Design: 9 Tips for Arranging Your Retail Shop

Planning the layout of your store is both an art and a science — it requires creativity, psychological insights, and testing. In this post, we’ll explore common tactics that you can implement when planning the arrangement of your store. Go through them below and see if you can apply any of these pointers to your store’s layout and merchandising. 1. Use the right floor plan Your floor plan plays a critical role in managing store flow and traffic. The choice of which one is right for you will depend on a number of factors including the size of your store,

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Stepping Away from Your Business: How to Make Sure Your Store Runs Smoothly Without You

There comes a time in every business owner’s life when stepping away (at least temporarily) from the company is necessary. Perhaps you’ll need to attend to an emergency, take an unexpected leave of absence, or simply go on vacation. Whatever the case may be, preparing your business for your absence should be done sooner rather than later. The last thing you want is to have your staff scrambling and at a loss for what to do when you’re not there. Below are some tips that can help ensure that your store continues to be awesome when you’re not around. Go

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12 Stockroom Organization Ideas and Guidelines to Implement in Your Retail Store

This is a post by Cara Wood. It may not be the sexiest part of your store, and it doesn’t get a lot of customer eyeballs, but your stockroom is still a critical part of your physical location. In many ways, your stockroom acts as the headquarters of the store’s operations. It’s where your management office will be located, where you’ll receive shipments, where your staff will first discover the exciting new inventory, and where your extra stock will live. Many of my fondest memories from my time as a sales associate took place in the stockroom. Manage it right,

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21 Retailing Quotes to Inspire You to Run a Better Retail Business

While being a retailer can be very rewarding, running a store is no piece of cake. There are days when you’ll need extra helpings of motivation and inspiration to remind you why you’re in this business in the first place. At Vend, we are all about delighting retailers and helping you be more awesome, so we’ve compiled a collection of inspiring quotes from some of the world’s most successful retailers. Check out their words of wisdom below. And feel free to bookmark this page or print out the quotes that speak to you, so you can refer to them whenever

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6 Anti-Theft Devices You Can Use To Protect Your Retail Store

This is a post by Akshay Sachdeva. Theft in your retail store can be extremely damaging to your bottom line. Think about it: if you have a 10% margin on each sale you make, you would need to sell an additional $1000 worth of products to compensate for a loss from a $100 theft. That’s a big deal! According to a national retail survey held in 2009 in the US, the average shoplifter walks out with $438 per theft, and the chance of being caught is only 1 in 48. The value of goods being stolen each year from retail stores

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15 Tips to Negotiate a Favorable Retail Lease

This is a post by Cara Wood. “Location, location location.” That’s probably the most overused phrase in real estate — but for good reason. Location is a make or break factor, particularly in retail. The location of your store can significantly impact your visibility and foot traffic, so you want to take your time finding and securing the best one. Now, if you’re already eying a great location, the next step is to negotiate your lease. Whether you’re renting your very first physical location or your 50th, your retail space lease will be one of the most important things you

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How to Prevent and Handle Internal Theft in Retail Stores

This is a post by Cara Wood. When thinking about threats to your retail store, shoplifting is probably number one, right? The idea of someone swiping hundreds of dollars of products into a giant bag and walking out with them is horrifying, isn’t it? Well, unfortunately, there’s a threat that might be even higher on your list: your employees. A global study of retail theft found that employees who steal from retailers average $1890 in theft, while the average shoplifter will only take about $438. That’s pretty shocking. Of course, it should be emphasized that it is only a small

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How to Train, Manage and Motivate Part-Time Retail Staff

This is a post by Alexandra Sheehan There were almost 5 million retail sales jobs in the U.S. in 2016. Those workers, both full- and part-time, represent a sizeable chunk of the workforce, and they’re also a key component to every growing retail business. Managing retail staff is unique. There are many different types of employees, each with their own pros and cons. And when it comes to balancing full- and part-timers, it’s an ongoing challenge. Below, we offer some expert advice on the differences in managing your different retail employees, and how you can successfully motivate and engage your

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