In her comments about the future of retail for this blog, Gifts & Decorative Accessories editor-in-chief Lenise Willis stated that mobile payments are steadily increasing. “Consumers already rarely carry cash, favoring credit or debit cards, but in the next decade they may even abandon their plastic. Mobile payments aren’t just more convenient — with fewer… Read More

If you decide to close your store – whether because you are retiring, or going out of business for some other reason – you may have someone recommend bringing in a liquidator.  Happily I haven’t had any personal experience with this type of company, but many years ago a store in our neighborhood hired one… Read More

Back in 2014, I wrote a blog post called Vision Casting that talked about how to make sure you’d meet your store’s goals by 2020.  Certainly the past six years have brought us challenges that we couldn’t have predicted back then, including huge increases in rents, wages and health insurance – and the growth of… Read More