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Retail Trends 2023: A Guide For Small Business Owners

Korona

Despite persistent inflation and supply chain issues, there are significant bright spots in the retail industry. Total nationwide retail continues to rise each year, with 2022 reaching upwards of almost $5 trillion. Brick and mortar retail has shown impressive resilience over the past year.

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A ‘Wellness Plan’ For SMB Retailers

RTP blog

By Jeff Wakefield, Verifone Building and growing a small business is both rewarding and daunting, particularly when pitted against big businesses with larger footprints, bigger budgets and more assets overall. 66% want to redeem rewards at the POS [v]. It’s a classic David versus Goliath scenario. months — avg.

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How Activewear Brand KYDRA Created a Community with their Loyalty Program

Smile.io

This is part of our #SmileABCs series, highlighting and going in-depth with small businesses and ecommerce brands. KYDRA had its humble beginnings in 2017 when co-founders Wong Dingyao and Jimmy Poh came together to create functional sports shorts for men. Check out the full series here.

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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

Retail theft is on the rise, and many businesses are grappling with the financial fallout. In recent months, The Home Depot, Foot Locker, Target and other retail giants have suggested that shoplifting is cutting significantly into their respective profits. This represents the greatest source of loss for retailers of all sizes.

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How To Start a Thrift Store Business in 2022- The Ultimate Guide

Korona

per year on average between 2017 and 2022 and younger consumers are driving the growth of the market. Before opening a thrift store, you must first do some preparatory work to set the tone for a successful business. Here are the steps to follow before opening a retail thrift store. Step 1: Create a business plan.

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How To Open A Dispensary In Nevada

Korona

On June 30, 2017, Nevada opened up for recreational marijuana. Since then, marijuana businesses have scrambled to get their hands on licenses and real estate. Unsurprisingly, the Las Vegas area has the highest amount of cannabis retail businesses within its jurisdiction. Writing A Business Plan For A Nevada Dispensary.

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The Ultimate 2018 Ecommerce Checklist: 31 Experts Prioritize 19 Growth Tactics to Implement Now

BigCommerce

Immediately following Cyber Five of 2017, I sent an email out to a bunch of ecommerce experts and multi-million dollar ecommerce store owners. Because a lot happens in a year within retail and ecommerce. Let me give you an example: 2017 has been the year of Facebook Advertising. In this case, for the small-business audience.

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