89% Percent of Women, 79% of Men Will Shop In-Store This Year, Study Says

by PawnMaster | Dec 13, 2017 | Retail, retail holidays, Retail Sales

The news about the “Retail Apocalypse” is not encouraging, but Fundera has released a new infographic that should give retailers hope. Titled “Retail’s Not Dead,” the report on which the infographic is based says 89 percent of women and 79 percent of men intend to...

These 6 Things Will Improve Your Retail Customer Experience

by PawnMaster | Oct 11, 2017 | Customer Experience, Customer Focus, Customer Focused Business, Retail

If you’re looking for repeat business as a retail company, one of the areas you absolutely need to focus on is customer experience. How a customer feels — not only when she is in your store, but also when she interacts with your brand online or after the sale— will...

9 Creative Ways You Can Encourage Impulse Buying in Your Retail Business

by PawnMaster | Aug 23, 2017 | Business, Business Success, Impulse Buying, Retail

Are you ignoring a potentially profitable type of product in your retail store? I’m talking about impulse buying. More than three-fourths of Americans have made an impulse buy in the past three months; of those, more than half have spent over $100 on an impulse buy,...

WITH VOTE COMING, RETAILERS SAY SWIPE FEE REFORM SHOULD BE PROTECTED

by PawnMaster | May 12, 2017 | Business News, consumer news, credit card swipe fees, debit card swipe fees, Retail, Small Business

With the House set to take action in less than two weeks on legislation that would repeal debit card swipe fee reform, retailers small and large say reform has brought huge benefits to their businesses and customers, and has also brought much-needed competition to the...

Pawnbrokers Report Decrease in Retail Sales as Online Competition Grows and Buying Trends Shift

by PawnMaster | Apr 14, 2017 | BE ON THE LOOKOUT, Business News, Did You Know, In The News, Industry, Retail, Small Business

The National Pawnbrokers Association (NPA) announced today the results of the NPA 2016 Trend Survey. The survey, which was conducted in early 2017, focuses on industry trends as reported by pawnbroker members of the NPA for the 2016 calendar year. One notable survey...

How to Deal With High Turnover at Your Store

by PawnMaster | Mar 28, 2017 | BE ON THE LOOKOUT, Business Success, In The News, Retail, Small Business, Small Business Trends

Turnover is part of life in retailing. After all, this industry tends to attract young employees, part-time workers and others who may see retail as a stepping stone rather than a career path. Still, when turnover is higher than usual, it can leave you struggling. If...