Get Slow-movers Out The Door
Sooner or later, every independent retailer runs into the problem of slow-moving merchandise. There are a number of reasons why some products end up hanging around your store far longer than you expected – you overstocked on something, the product is outdated, styles or trends changed. Regardless of how that
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
Cyber Monday
Cyber Monday is a marketing term for the Monday immediately following Black Friday, the Friday following Thanksgiving Day in the United States, created by companies to persuade people to shop online. The term made its debut on November 28, 2005 in a Shop.org press release entitled “‘Cyber Monday’ Quickly Becoming
Black Friday
What is this curious tradition from the US, and increasingly marked presence of this event in Canada. The retail border has no crossing guards I found out. Let’s read what Wikipedia had to say about this holiday. Black Friday is the day following Thanksgiving Day in the United States, traditionally
Day #156 – Combat Employee Theft
5 Cutting Edge Ways to Combat Employee Theft From security systems to heavy-duty locks, small-business owners spend billions annually to keep thieves out, overlooking how most heists are inside jobs. In retailing alone, employee theft cost companies $34.5 billion in 2011, accounting for 43.9 percent of total losses, says the
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