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Three Challenges New Coffee Shop Owners Have To Face

RetailMinded

The coffee shop business is huge, which makes it both lucrative and extremely competitive. Coffee shop owners have to deal with giants when they get into this industry, but the good news is that there is still a strong demand for non-affiliated local coffee shops. Here are a few of them.

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Join Retail Minded’s Nicole Reyhle at Small Business Day from the National Main Street Center

RetailMinded

The reality is, the past year has been difficult for many businesses – but small businesses in particular have been hit hard with the challenges presented by COVID-19. Let’s face it – retail isn’t what it used to be. Retailers, are you ready to boost your store visibility, sales and overall success in 2021?

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Even Your Shopping Cart isn’t Sacred

Bryan Eisenberg

Birth of the Shopping Cart. The first rolling shopping cart was created by a Piggly Wiggly owner in Oklahoma City. So in 1936, that store owner introduced a rolling cart to make shopping easier. In CRO terms, he reduced the friction of shopping to increase average order size.

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How To Run a Shop Successfully

Korona

After getting the licenses, finding a location, and buying the products you want to sell in your store, another big challenge lies ahead: how to successfully manage your store. Part of the battle is knowing how to adapt to new challenges. The majority of small business owners have taken steps to adapt to this new reality.

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How Does Weedmaps Work?: A Guide For Dispensaries

Korona

Kind of like Google Maps meets the Yelp of recreational marijuana, Weedmaps is among the most popular customer-facing retail cannabis menu and review applications. Below is a detailed profile of what Weedmaps does, and how it relates to dispensary owners and operators. Table of Contents. Weedmaps For Dispensary Owners.

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The Ultimate Guide to Inventory Planning: Benefits, Models, Challenges And Best Practices

Korona

As a retail business owner, chances are you’ve already experienced at least one or two stockouts or overstocks due to inaccurate forecasting or other inventory management issues. Poor inventory planning can have severe repercussions for business operations, such as delays in shipping orders and subsequent stockouts.

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How Inflation Is Affecting Retail Businesses?

Korona

If you are a retail business owner, chances are you have experienced increased prices for your products from your suppliers in the last several months. To counter these problems, it’s crucial for you to have a thorough understanding of inflation and how it explicitly affects your retail business. Table of Contents.