Tag: ERP

Magstar COVID Curbside Pickup Article
How to Succeed in a Changed Retail World

After facing a flurry of store closings and significant economic impact, retailers have emerged in a vastly different world because of COVID-19. Across North America stores are reopening as various states and provinces find a “new normal.” The pandemic and its response were unlike anything we’ve ever seen before. So, what do retailers do now? For a midsized retailer, it can be overwhelming to consider every aspect of reopening for […]

Tactics to Survive Covid-19
4 Tactics Your Midsized Retail Chain Can Use to Survive COVID-19

The COVID-19 pandemic has hit retailers across the board. Now, midsized retail chains are affected as millions of people stay at home and practice social distancing. Brick-and-mortar shops selling essential supplies such as food, hardware and pet supplies are allowed to stay open, but other retailers are closed. This move has led to consumers increasingly relying on Amazon and other online shops to meet their needs, but the website is […]

Store Front
How to Reinvent Your Retail Experience to Drive More Sales

Today’s retailers may be in competition with eCommerce giants like Amazon, but they also have an edge: consumers spend more shopping in-store than they do online. According to a First Insight study, 71% of shoppers spend more than $50 in-store versus 54% spending over $50 shopping online. The same study found that 34% of customers will spend more than $100 in a store. To win dollars away from the dot […]

Inventory Precision
Why Inventory Precision Will Help You Drive Sales (and How to Achieve It)

Midsized retailers lacking an accurate inventory run the risk of losing customers, especially if a competitor has the same or a similar product. According to an IBM study, if an item is out of stock, and the store can’t find the item in another location, 72% of customers will switch to a competitor. Keeping an up-to-date inventory is vital, especially as the retail industry continues to evolve. Simply put: If […]

Millennials and Retail Trends
4 Latest Millennial Shopping Trends & How They Can Benefit Your Midsized Retail Chain

No matter where you look, everyone seems to be obsessed with millennials. The reason for that is simple – millennial shopping trends are now influencing the retail market in a very big way. So, who are these millennials, exactly? They are individuals born between 1982 and 2000, as defined by the United States Census Bureau. According to Pew Research Center, they are expected to overtake baby boomers in population in […]