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How to Revitalize Seasonal Businesses to Stay Open All Year

Retail TouchPoints

For instance, mobile apps that help seasonal businesses with bookings, calendar organization, staffing and inventory management can help them efficiently scale and grow beyond being seasonal ventures. Brandon Naughton has been the Marketing Manager at  Repicci’s Real Italian  since its inception in August 2020. 

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Vitamin Shoppe CEO Sharon Leite Went Undercover in Her Stores. Here’s What She Learned.

Retail TouchPoints

Launched in 1977, The Vitamin Shoppe saw sales begin to decline in the early 2010’s due primarily to a lack of digital innovation. million on inventory management solutions; $1.2 We also launched a new system, Relex , for inventory management.

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In Push for a Turnaround at Kohl’s, Investor Group Nominates Nine Board Directors

Retail TouchPoints

From 2010 to 2019, Kohl’s top five executives have increased their total compensation from $20 million to $30 million , according to the investor group. The investor group also believes the board lacks alignment with shareholders’ interests. Excessive executive compensation and poor alignment between pay and performance.”

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How the Packaging Industry Can Help Tackle Confectionery’s Big Waste Problem

Retail TouchPoints

Valentine’s Day saw consumers projected to spend an average of $16 on chocolates and candy — up from under $9 per person in 2010 — while Halloween candy sales reached a record $3.1 Lowering Excess Optimizing inventory management can reduce a business’ production costs over time if more focus is given to efficient packaging design.

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Digital Transformation Propels Burton’s Omnichannel Growth Plans

Retail TouchPoints

Larocque has spent more than 20 years with Burton, becoming SVP Operations in 2010. When you have a good clean order management system, a good clean inventory management system, good data at the front end and a good ERP at the back-end, I think you’re set up for anything that could be thrown at you,” she said.

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Reshoring: COVID-19’s Impact On The Supply Chain

Retail TouchPoints

According to the Reshoring Initiative , factors like lower transportation costs and quicker inventory turns can offset higher labor costs to make reshoring less expensive overall. Between 2010 and 2018, 749,000 jobs were brought back to the U.S. Businesses are taking notice. across 2,900-plus companies as a result of reshoring.

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How Castlery came back from the brink to disrupt the furniture industry

Inside Retail

One of the biggest problems in the furniture industry is inventory, so this allows our close partners to work with us, so we get better inventory management. If you think about it, most furniture brands that started in 2010 to 2013 actually went bankrupt. So if my team over- or under-orders, they can see.