Numerous obstacles can get in the way of a retailer’s cash flow management: seasonal spikes and dips in demand, inventory management needs, payment processing inefficiencies, cash reserve complications. While 62% of retailers say they’re comfortable with their cash flow, this is lower than other...

Gone are the days when shoppers would buy a product based solely on appearance, practicality, or price. While these factors still matter, more and more are driven by purpose, with 82% of U.S. consumers preferring to support brands that reflect their personal values and beliefs. This embrace of...

Given the rising concerns over inflation, dwindling personal savings, and perceived instability in the job market, recent surveys have found that consumers plan to reduce their spending on nonessential goods and services. This shift in consumer behavior necessitates that retailers reevaluate their...

Convenience and personalization are at the forefront of the modern shopping experience. With today's consumers seeking seamless interactions across all platforms, developing a robust omnichannel retail strategy has never been more important. From social media to retail brick-and-mortar storefronts...

Driven by supply chain disruptions and the meteoric rise of e-commerce, the warehousing and wholesale business landscape has undergone a rapid transformation in recent years. In this era of unprecedented challenges, business owners face a pivotal decision: invest in expanding physical infrastructure...

Retail technology trends are changing more rapidly than ever before. The COVID-19 pandemic alone launched a wave of new business practices, such as contactless payment and in-store pick-up, while also pushing retailers to focus more closely on their eCommerce strategies. For retail business owners...

Wondering how to adapt wholesale inventory management strategies in the face of supply chain challenges? Here, we consider some valuable insights on navigating these evolving dynamics, focusing on resiliency in uncertain times. The supply chain has been a rollercoaster ride these past few years...

Data is under siege. There are over 2,200 different cyber attacks each day, which breaks down to one attack every 39 seconds. With such high volume, it’s no wonder that estimated cybercrime costs are expected to eclipse $10.5 trillion worldwide in 2025. From phishing scams and ransomware to insider...

Running a successful nonprofit comes with a unique set of challenges. The very nature of your organization means tight budgets and limited resources. But maintaining a digital presence in today’s internet age can help you raise money and spread awareness. Specifically, you can reach broader...

A firm grasp of generational differences can help you pinpoint your target audience. It’s important to consider the product or service you’re selling and the age groups they’re meant for. Business demographics span the gamut, so brands need accurate marketing and advertising strategies in order to...

The professional services sector is a critical component of economic development and productivity. The skills and knowledge of specialized professionals drive innovation and keep daily operations on track across multiple markets. We often assume professional services are safe from fluctuating...

As 2024 continues on, many business leaders are looking for ways to remain resilient due to economic uncertainties. According to recent SAS data, 97% of executives view resiliency as an important factor—and 87% are confident about increasing resiliency in their companies in the future. Part of their...