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Category Archives: Part 8: Putting It All Together
Benchmarking: It’s Essential to Compare Performance by Store Category
As we noted in May, the Retail Owners Institute provides a number of measures of financial peformance for 55 different sectors of retailing. Here is why this topic is so important: “How can these benchmark numbers be used? First, for perspective. … Continue reading
Retailers’ Investment in Technology: An Industry Perspective
In a recent newsletter, Platt Retail Institute reported on research that it conducted on retailers’ use of technology. It summarized the findings, thusly: “In this Research Article, we look at published data, and also compile Census Bureau data, to consider the … Continue reading
Restaurant Logistics: Striving to Serve the Perfect Meal
Restaurant logistics are a key to these retailers’ success. Poor logistics means ingredient shortages, stale food, higher costs, and more. So, restaurants really need to get their logistics and supply chain management right. As Joseph O’Reilly reports for Inbound Logistics: “In many … Continue reading
Posted in Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 8: Putting It All Together, Technology in Retailing
Tagged costs, customer expectations, logistics, merchandising, opportunity, planning, restaurants, retail analytics, supply chain, tips, trends
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