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 […]
Category Archives: Retail News
iWatch says … Stand Up iWatch says …Sit Down iWatch says … Retail Redefined The Canadian Retail Solutions office was all a buzz this past week when a sexy white package arrived at our front door for our beloved sales manager Chris Olson … you got it!! It was the long anticipated little package […]
Over the last 10 years, due to enormous advances in the industry, technology has become inseparable from the retail experience. One of the many advances in retail technology is alternate payment methods, such as mobile payments. Mobile Payment Methods ApplePay ApplePay, a method developed by Apple, allows customers to pay using their iOS device (iPhone, […]
Over the last 10 years, due to enormous advances in the industry, technology has become inseparable from the retail experience. One of the many advances in retail technology is alternate payment methods, such as mobile payments. Mobile Payment Methods ApplePay ApplePay, a method developed by Apple, allows customers to pay using their iOS device (iPhone, […]
Well, by now we are all settling into the biggest Canadian retail news for some time: That Target is closing. Newspaper, radio, TV and online lit up with the news of this American giant falling to it knees in the Canadian retail environment. Oh how the mighty can fall! So beyond the hype, there is […]
As we plan and work with more retailers across Canada, a topic that continues to come up is the hotly debated Black Friday. Is this a sign of American big box stores dominating the retail landscape in Canada to meet their aggressive targets or is it in fact a viable marketing tool for the average […]
We have been installing retail software for a long time now, and we have had the pleasure of working with many companies during our 20 years in business. During that time, we have seen companies thrive with their software while others barely use theirs. Here are 5 ways to excel with your software. Retail Software […]
Thanksgiving has come and gone and that means that the Holiday Shopping season is drawing near! Make sure that you have all the consumables your shop needs to make it through. Contact CRS today to order your till rolls, stickers and tags so you have everything you need to make you sure holiday shoppers have […]
Pop-up Store Part 2: The Check List So you have decided a pop-up store is right for your business, now it is time to consider the key requirements. Lets look at the 5 things to remember when planning and preparing a pop-up store, in no particular order: SMILE No matter how tough the event is […]
What is a pop-up store, anyway? A pop-up store is a temporary retail location, usually opened for a short period of time to support a specific promotion or niche. Retailers can use pop-up stores to create an new a different experience for their customers, and to raise awareness of their brand. Is a pop-up right […]