The seismic shifts in the retailing landscape are worrisome to both new and experienced shopkeepers.  Carol L. Schroeder is dedicated to helping her fellow independent business owners embrace these challenges and find success. Schroeder, recently named a finalist for Gifts and Decorative Accessories magazine’s Retailer of the Century, has more than four decades of day-to-day work experience in her award-winning retail store. The 40,000 copies of the first editions of Specialty Shop Retailing sold (in English and Russian) have inspired store owners around the world. The completely revised and expanded 4th edition of Specialty Shop Retailing, together with her popular weekly blog, provide tools every retailer today needs to succeed.

Praise for the new edition of Specialty Shop Retailing:

Specialty Shop Retailing is a must read, full of practical tips and industry insights that go way beyond the basics. This book offers a perspective most books about retailing can’t – it’s written by one of the most successful retailers in the US today.  Linda O

Whether you’ve been at the business of retail for years, or are just starting out, this book WILL help you – so get your hands on it and read it cover to cover!  Debi K

Specialty Shop Retailing will recharge your energy and enthusiasm for owning a small shop, and spark your creativity to try new things. I’m looking forward to the next 10 years with a new perspective and helpful advice thanks to this book!  Sachi K

 

Curious about the future of independent retailing? 

The International Housewares Association has posted an audio version of my interactive session on this topic that was part of their Innovation Theater during the March, 2019 International Home and Housewares Show.  Just click on this link to listen.

 


One of the recommended antidotes to anxiety during these trying times is to reach out to help someone, and there are countless examples of people and companies doing just that.  In the gift industry, several of our vendors have pivoted to use their manufacturing facilities for the production of much needed medical supplies. As Caroline Kennedy of PRESENT Magazine pointed out, when this crisis h … (read more…)

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Dozens of emails from our vendors have landed in my inbox over the past week stating how concerned they are about the impact of COVID-19 on independent retailers.  To be truthful, I am concerned about the impact of COVID-19 on my vendors – but I realize that keeping stores alive will help us both.

What can a vendor do to help? The first thing is to extend the terms on any outstanding invoices, if their cash flow allows. (read more…)

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We are in the midst of an unprecedented crisis for small businesses everywhere, and I am not afraid to admit that I find it scary.  Our shop is closed, like so many others, although for the time being we are able to offer curbside pickup of orders to go. One of our business neighbors, the Wine and Hop Shop, even offered to include our local deliveries in their afternoon route – for free.

(read more…)

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