Pearls of Wisdom
In preparation for the upcoming shows, BIG Network suppliers have asked me to share a request: Please enter their style numbers exactly as they appear on their invoices!
In preparation for the upcoming shows, BIG Network suppliers have asked me to share a request: Please enter their style numbers exactly as they appear on their invoices!
In preparation for the upcoming shows, BIG Network suppliers have asked me to share a request: Please enter their style numbers exactly as they appear on their invoices!
How do you plan and merchandise your inventory? While we have been talking about the four steps of merchandising for nearly 20 years, the impact that 2021 has had on your merchandise assortments requires a more comprehensive analysis of your business. Last year was a welcome surprise, but it was surprising nonetheless, catching many somewhat off guard when it came to proper inventory planning.
History doesn’t necessarily repeat itself, but it does often rhyme. Having just come off of the best year for retail jewelry sales, perhaps ever, the questions are, how long will this last and how to plan for the rest of this year.
The marketplace is speaking. Loudly.
For decades, we taught turnover to thousands of people throughout the country...Recently, however, I came to the conclusion that I had it all wrong.
Do you really want to identify your diamonds as earth-mined?
I have noticed a growing problem, and I’m not sure how to solve it. What kind of problem, you ask? Well, it’s a complex conundrum that extends across issues of science, economy and integrity. It’s not an easy problem to solve, but I’m hoping you can all help me out by replying to this newsletter with your thoughts and opinions. Because I’m fresh out of ideas.
Under normal circumstances, planning for the 4th quarter is pretty routine. However, nothing is normal this year and we struggle to get our arms around these issues – we struggle to plan.
For perhaps the first time in my life, I’m here to tell you that having too much inventory might just be a good thing. For now.