Psychology of Pricing
Pricing is a major issue for retailers, effecting margins and profitability. Retailers want to keep customers attracted to their store and compete in the market place. Just recently I came across an article by a dear colleague Cathy Wagner. Here is what she has to share about the psychology of
Phasing out the Canadian Penny
A number of you have contacted my office concerned about the phasing out of the penny. The information I share with you is posted on the official Canadian Mint site. In Economic Action Plan 2012, the Government announced it would phase out the penny from Canada’s coinage system. The decision
Seasonal Paint For Your Store
Use paint in your store to set the tone for the season. It’s a good thing! Change your paint colour behind your cash each season. It’s a very quick way to refresh your store for the upcoming season. Here are before and after photos of Take A Hike in Thunderbay.
Casual Living Conference
Set your course and direction now for “Outer Spaces”—the theme of Casual Living’s second annual casual conference—where you will explore the ever-expanding universe for the outdoor room. Come with us on this compelling voyage to seek out future opportunities in the casual industry, unearth the new-age connected consumers and their
Motivating Staff
Employee motivation is probably the most important single manageable factor for success and profitability of all the facets of specialty store retailing. It is to vital to be handled on a hit or miss basis, depending on the whim or spirit that stirs the store owner or manager from time
Popular Posts
-
Day #138 – Celebrating Independent Retailers In Canada
Welcome to Take A Hike! … your outdoor lifestyle store -
Day #137 – Celebrating Independent Retailers in Canada
Named after her favorite color; Chartreuse is Sandy Moller’s -
Day #146 – Grow Your Online Store Sales
These days, setting up an online storefront is easier, less
-
