Retailing Lost Profits

One Step Retail Solutions recently contributed a highly informative original article regarding retailing lost profits to Resource Nation. This article can be found exclusively on the Resource Nation Blog 

This article includes; what are some of the symptoms of a retail store lacking proper inventory control, how can a store appear health on the surface but have fatal weaknesses and what are some of the top reports recommended for retailers to generate from their point of sale.

If you would like to arrange a free retail technology consultation with a One Step Retail representative click here.

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Feature: Dan Jablons of Retail Smart Guys

We are proud to introduce you to Dan Jablons, President of Retail Smart Guys. Retail Smart Guys focuses on Open To Buy and Retail Consulting and recently won first place in the Management One sales category.  Dan is based out of California and working with retailers nationwide. www.retailsmartguys.com

What is your favorite thing about working with retailers? Helping them generate more cash flow by showing them how to properly buy inventory.

What would you say is the most helpful thing about your product or services for a retailer?  It helps them to understand the exact relationship between their inventory investment and what ends up in their checking account.

If you could offer any advice to retailers out there, what would you say?  The best marketing for a retail store is having the right merchandise.  Ensure that you have planned out what you are receiving, and make sure that matches your sales forecast.  You also need to revisit your vendor mix and assortment plan at the start of every season.

If you were a retailer, what do you think your favorite part of your day would be?  Opening the store.

If you were a retailer, what do you think your least favorite part of the day would be?  Physical inventory

Do you have any hobbies?  I am an actor as well as a consultant

How did you get into the industry and the focus on retail?  My dad got me my first job in retail when I was 17.  Have either serviced or participated in retail ever since.

In you could live anywhere in the world, where would you and why?  I already live in Southern California, which I think is paradise.  Really, I do!

Do you have any retail design favorites?  Too many to mention

What do you think are retailers worst habits?  Not analyzing the statistics in their business

What do you think are retailers best habits?  Working on strengthening customer relationships

Retail Smart Guys is part of One Step Retail Solution's Retail Professional Association. For more information on our association resources go to http://onestepretail.com/retail/recommended/ 

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