🎧 Prefer to listen? Press play below:  As a US based retailer, you already have to manage high turnover and the challenges that come with running payroll for hourly or minimum wage workers. But, you may not be aware of the payroll records you need to retain to comply with federal, state and local…
Inventory prices aren’t static, and their value can change depending on several factors in the market. When inventory values go down, businesses need to adjust their financial records to reflect the true worth of their stock. This is where inventory write-downs come in. For retailers, write-downs aren’t unusual. Stock spread across multiple locations or channels…
School may still be out for summer, but you don’t have that luxury as a retailer. Back-to-school is the second-largest retail event of the year—right behind the winter holidays—so there’s no time to sunbathe. Whether it’s preschoolers or college students, parents, teachers and kids alike are looking to bring some excitement and joy to what…
