Category Archives: Retail News

Embracing the new Reels feature, retailers teaming up and ensuring a focus on freshness and sell thru.

Get ready for new the new Instagram Reels feature that will allow you to view products, to buy or save for later. The benefits retailers need to consider. We discuss a story about retailers banding together, getting creative and working to drive sales; the one thing that is going to get them through this. A […]

Are you dealing with supply issues of your best selling categories, Covid operating changes and more?

As retailers face new Covid operating rules, some timely advice is shared by Dan. We also discuss a story and provide some answers about smaller retailers who are suffering some major supplier issues, in this case it was Lego challenges. Time to face the new model reality as we discuss retailers who were not originally […]

Leveraging Ebay, flexing on creative ideas, challenge of pandemic costs and a discussion about the footprint for the future.

A retail chain talks about flexing some of their creativity muscle and Dan wades in with some ideas. Great story of some brick and mortar shops leveraging Ebay to generate additional sales (and vice versa). Retailers are facing increased costs due to the pandemic and we discuss how you can treat these costs going forward. […]

Helping retailers through the winter, partnerships you need to pursue and Moneyball math you will want to focus on.

How can you help independent stores through the winter and holiday season and more importantly, how can they help themselves? Story on retail partnerships you’ll want to check out. Opportunities are there with the partnerships, Dan discusses what you need to do to take advantage of them. It’s fun to call Dan Mr. Moneyball sometimes, […]

Taking Covid head-on, BYOB for your retail, don't be afraid to collaborate and more!

LISTEN HERE: https://anchor.fm/the-wealthy-retailer  We discussed how retailers can best be prepared as well as looking for ways to proactively take it on as a second wave of closures is coming. Have you collaborated lately? An interesting collaboration story between two Canadian clothing icons sparked the conversation about retailers starting their own collaboration and what they can […]

Brick and Mortar Retail is dead? No one told these guys! The takeaways for you and your retail store

This episode we talked about opportunities for small retailers in the face of department store challenges. Ever hear the term Retail is dead? Well, no one told these home brands and we were happy to discuss. More landlords are providing chances for retailers to take the Pop Up TEST DRIVE! We talked about going for […]

Sharing holiday predictions, more holiday sales ideas and getting through the tough headlines to make your retail store better

Retailers getting prepared for the extended holiday season this year. Deloitte has released a new Holiday 2020 outlook, Dan shares his thoughts on that. The closing of Le Chateau: is this right sizing and does it represent more opportunities when things turn around?  More sales ideas! – We liked the ideas that Dan shared last […]

Little time left to get holiday online ready, Black Friday sales ideas, celebrating small business and tips on closing sales

It’s coming up on holiday online go time. Are you ready…..are you really ready? Dan shares a few Black Friday ideas this week and they are three great ones! If you’re in small business, this is your week. A great reminder, a great time for everyone to remember what drives our economy and what needs […]