Category Archives: CRS News

7 Tips to Sales Success

7 Tips to Sales Success #1:  Building the “Buyer-Seller” Relationship.  You need to develop a better understanding of the buying process that customers actually follow – the real decisions they make, and when they are made. Then you need to match your sales process with the customer’s buying process.  When this is done, you begin […]

What is the best POS for you? Here are 10 Things to Consider…

10 Things to Consider when choosing your new POS System… Retailers have enough on their plate with customers, staff, general day to day store duties, dealing with suppliers, purchasing and receiving…the list goes on and on. It would be great if you could simplify some of these tasks so that you can spend more time […]

How do you become a WEALTHY Retailer™ – Start with HAPPINESS!

Happy is a choice not a result and a key attribute to becoming a WEALTHY Retailer™ The definition of Happy might be one of the most debated subjects in the history of mankind. Perhaps the challenge in finding a universally acceptable meaning is what makes Happy or Happiness so special. Whether you believe Happy is […]

What should you look for in a POS Provider?

Choosing a point of sale system that’s just right for your business is incredibly important. But even more important is selecting the right provider to help you select, implement, and support your POS system and your business going forward. At Canadian Retail Solutions, we strive to understand our client’s business needs to help them determine which […]

Happy is a choice not a result and a key attribute to becoming a WEALTHY Retailer

The definition of Happy might be one of the most debated subjects in the history of mankind. Perhaps the challenge in finding a universally acceptable meaning is what makes Happy or Happiness so special. Whether you believe Happy is a state of mind or an emotional response it is undeniably better to spend more of […]

Exciting growth and expansion at Canadian Retail Solutions

Exciting growth and expansion at Canadian Retail Solutions Following some outstanding growth and developments at Canadian Retail Solutions over the past year both in the areas of Inventory Planning and Point of Sale technology, we are very excited to announce some major team developments. CRS is committed to further growth and most importantly supporting and […]

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 […]

Merchandise Planning & The Importance of Store Classification Structures

Editor’s Note: This article was originally published on February 2, 2015 and was updated on January 19, 2016. What is merchandise planning, anyways? Ask 10 retailers “what is merchandise planning?” and you will probably get 10 different answers. At CRS, we define merchandise planning as the systematic approach to maximizing a retailer’s profitability and return […]