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Small Team Retailers Still Earn Big: A Review of the RIS Top 100 Retailers

Theatro

Two small team retailers hold onto large shares of the retail market for the second year in a row. Pharmacies, CVS, and Walgreens which collectively share 9.47% of the retail market, landed in the top 10 alongside retail giants, Walmart (12.67%), Amazon (10.4%), and Costco (4.65%), respectively.

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Open to Buy: The Retail Business Art

Retailing Insight

Further, if you have multiple locations, each location should have its own forecast for each classification of merchandise. Lots of specialty retail stores plan their business by “buying what we sold last year” or “we expect to be up 2%.” Too often we hear about bad forecasting techniques. These are not forecasts.

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What is Omni-channel Retail?

Retail Bound

Although many new product companies are finding success selling on Shopify or Amazon, online sales still only represent 20% of all retail sales, whereas offline channels like brick-and-mortar locations, catalog, TV Shopping and Reward and Incentive markets represent 80%.

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Harris Scarfe CEO Graham Dean on the importance of a consistent strategy

Inside Retail

Here, we speak with CEO Graham Dean about the challenges of scaling a business at the right pace, the importance of a consistent growth strategy and how global department stores can compete with specialty retailers. Inside Retail : Harris Scarfe is marking 175 years of trading this year. They didn’t exist 30 years ago.

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