There’s a new Sheriff in town… CMROI
There’s a new Sheriff in town… CMROI When it comes to merchandise planning we have always used Inventory Turn and GMROI (gross margin return on investment) to measure our inventory performance. While both are very effective KPIs (Key Performance Indicators) they don’t always give us a true picture on how the CASH invested in that…
Read MoreYour Bridge to the Future is NOW!
Look at Instagram, email marketing, videos, Facebook, and new and emerging social media. All have given new startups and incumbent retailers a phenomenal new path to be a part of their customers lives, every day. There are thousands of what we call “garage front” retailers. Fast Fashion and the Internet have created an easy access…
Read MoreTop Five Ways to Make Your Customer Experience Memorable
There has never been a more vital time in retail to engage and create a novel shopping experience for a customer than now. Our retailers today have plenty to overcome with fierce competition, market saturation, and the growth of online shopping. We need to turn our focus from constantly looking outwardly at those things you…
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