Vanity, Sanity & Reality
I mentioned to him offhandedly...that we work with jewelers who have very impressive top line sales...with very low net profit as well as challenging cash flow, to which he simply said: “Vanity, Sanity & Reality”.
Forget Budgets!
When you think about the budgeting process (work with me here) you have to look back at your history, sales and margin trends and changes in expenses, inventory levels and profit. Zzzzzzzzzz… So, don’t look back, look forward.
Underserved Markets
While visiting one of our Plexus members, it became obvious to us that they had a hole in their assortment. In fact, as we toured the marketplace, it was apparent that no one else in their market was going after this business as well.
CES 2018: What’s New for Retail
Coming to CES you really don’t know where to look first. One of my favorite booths to visit is the LG booth. This is what you walk through when entering...
Learn it Yourself!
If you own the company, it’s your responsibility to understand enough about the merchandising and inventory processes to know whether the people doing these jobs are doing them the way they should be.
What Does Being a Merchandiser Mean?
A jeweler asked, “What does it mean to be a Merchandiser? I explained what I experienced when I was searching for a merchandiser of our own to be a Balance to Buy™ consultant and found that the answer isn't simple!
Christmas is Coming…What to Do Now!
It’s the second week of September and Christmas is coming. You have a number of opportunities to end the year in a healthier position. Read on for four things you should be working on this month.
BIG Spotlight: Angie Crabtree, Artist
Painting since the age of four, Angie Crabtree is widely regarded as the world’s first and only professional, diamond portraitist.
Protecting Your Computer from Ransomware & Spoofing
Many retailers are realizing that they have to bring in something to start protecting and testing their product, both bought from the trade, or bought off the street. It’s probably time to make the investment to start protecting your store or brand.
BIG Newsletter: Vegas 2017 – Synthetic Diamond Testers Unveiled
Many retailers are realizing that they have to bring in something to start protecting and testing their product, both bought from the trade, or bought off the street. It’s probably time to make the investment to start protecting your store or brand.