Anyone building a home bar tends to obsess over the same details: which spirits to stock, which glassware looks best, whether a copper mug is worth the extra cost. Fewer people think about the mixer sitting next to the vodka. That’s a mistake, because ginger beer, soda water, and juice do more work in a…
Whether you run a brick-and-mortar shop, an ecommerce site or both, getting a grip on how your retail business is performing is key to pulling through. When it comes to performance, numbers don’t lie. Are you at a loss with what’s happening in your business? One of the first things you should do is look…
Accurate demand forecasting is vital for any business to reduce costs and meet customer demand. From qualitative approaches that rely on expert insights to advanced machine learning techniques, demand forecasting methods vary in complexity and application. Retailers can use these methods to gain a competitive edge by aligning inventory with market demand, minimizing waste and…
ABOUT THE AUTHOR Andrea McHugh Andrea McHugh is a New England-based food, wine and spirits, and travel writer. Her byline can be found in US News, Insider, Parade Magazine, the Boston Globe, Yankee Magazine, Classic Boat, Travel Awaits, TripSavvy, the Hartford Courant and numerous national and international publications. She’s traveled to destinations far and wide,…
🎧 Prefer to listen? Press play below: Barcodes are an essential part of doing business as a retailer. So are SKUs. Because they’re so ubiquitous, it can seem as if they’re understood. But for employees who are new to retail and inventory management, it can be difficult to understand how barcodes work (along with…
What makes a retail business rise above the rest? A well-oiled operation that keeps shelves stocked, prices competitive and customers coming back time and time again. But behind the scenes, it comes down to one crucial piece of the puzzle: the procurement process. Many might simplify procurement to just buying supplies, but it’s a far…
ABOUT THE AUTHOR Andrea McHugh Andrea McHugh is a New England-based food, wine and spirits, and travel writer. Her byline can be found in US News, Insider, Parade Magazine, the Boston Globe, Yankee Magazine, Classic Boat, Travel Awaits, TripSavvy, the Hartford Courant and numerous national and international publications. She’s traveled to destinations far and wide,…
An outdoor cocktail party offers the perfect combination of fresh air, good conversation, stylish drinks, and a relaxed atmosphere. In a place like Santa Monica, where mild weather and beautiful outdoor settings make entertaining outside especially appealing, a well-planned cocktail party can turn a backyard, patio, rooftop, or private event space into a memorable venue….
You’ve been thinking about it. You know it’s time. You know your business needs it. You know you need to take a minute to assess your overstock inventory. Holding on to surplus inventory for too long can hurt retailers, but you’re not stuck with stagnant shelves. With the right data and a few tricks, you…
ABOUT THE AUTHOR Andrea McHugh Andrea McHugh is a New England-based food, wine and spirits, and travel writer. Her byline can be found in US News, Insider, Parade Magazine, the Boston Globe, Yankee Magazine, Classic Boat, Travel Awaits, TripSavvy, the Hartford Courant and numerous national and international publications. She’s traveled to destinations far and wide,…
