Yes You Can!
If we’ve heard it once, we’ve heard it a thousand times: When the going gets tough, the tough get going. Being a retailer, you have probably experienced it another thousand times over.
As retailers, what do we need to do to get tough? Certainly not join in with the rest of the world that seems to be predicting the doomsday of retailing. Keeping company morale up is vital to the success of your business and weathering this storm. Make sure that your employees know that no matter how tough things get or what they might hear, never share that information with customers.
Read More »
The Turnaround To-Do List
Ten Steps to Improve Your Company Now
Right now, our world is in for a tough ride. Sunnier days will come and now is the time to prepare. During my first business turnaround, my mentor tried to reassure me with a Freudian slip: “It’ll get painful before it gets worse.” I knew what he meant to say, but realized the accuracy of his statement.
Since then I have returned five gift/décor businesses to profitability. Along the way I learned many tricks and have seen the same patterns repeated. Following are ideas to help you get through the coming year:
Read More »
Come to Market with the Right Attitude
It’s market time again – and I know you’re ready with your list of needs and wishes, your open-to-buy numbers and your comfortable shoes.
There’s just one thing more you need to bring and this year it’s a bit difficult to find it. It’s a positive attitude. We all realize this is not a banner year and we probably won’t see much improvement until late this year or even 2010.
But where I live, the daffodils are blooming, Bradford pear trees are glorious and everything is turning Spring green. You just have to feel better, thanks to Mother Nature.
Consider my tip sheet to make a better market:
Read More »