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Expert Column: Advice for Young Retailers to Stay the Course

Expert Column: Advice for Young Retailers to Stay the Course

by Lindsey Thompson | Sep 30, 2024 | Industry News, Operational Insights

By Gary Pittsford Partner & Chief Valuation Officer (ret.) and Consultant Creative Planning Business Services In August, the North American Hardware and Paint Association (NHPA) recognized its 2024 Young Retailer of the Year honorees at the Independent Home...
Expert Column: Stepping Outside Your Marketing Box

Expert Column: Stepping Outside Your Marketing Box

by Lindsey Thompson | Jul 31, 2024 | Operational Insights

By Austin Diehl Director of Retail Operations Randy’s Do it Best Hardware It’s no secret there are thousands of hardware retailers selling similar products and services across the U.S. Many of those stores are involved in some form of digital marketing. When you add...
Expert Column: Crafting The Right Product Assortment 

Expert Column: Crafting The Right Product Assortment 

by Lindsey Thompson | Jul 2, 2024 | Operational Insights

By Tony Corsberg Principle Merchant5 Advisors Product assortment is the bedrock of retail. Assortment planning is the process of selecting the right items to be presented in a limited selling space that meet customers’ needs and are productive inventory within that...

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