Category Archives: Retail Storage

How Hospitals Are Curing Their Retail Spaces

Retailers with captive consumers – notably airports and hospitals – used to enjoy a mini-monopoly. The offerings of the shops were limited and the prices were exorbitant. In the late 1990’s, however, airports began to capitalize on their corridors, installing elaborate retail malls and food courts. In some cities, airports even looked to become dining […]

RFID: Why It’s Not the Same as a Bar Code

Everyone knows what a bar code is – we can’t forget the commercial showing bank customers with bar codes on their foreheads – but the workflow and inventory management benefits of RFID (Radio Frequency Identification) technology aren’t as well known. Like bar codes, RFID tags contain information about the item they’re attached to. No doubt […]

What Do New Retail Apps Mean for Retail Inventories?

Nordstrom is adding to its retail technology with the acquisition of two mobile apps. One will give store associates the ability to send personalized product recommendations to consumers when they’re out of the store, as well as the potential for consumers to share information with each other and shop online as a group. The other […]

Look Back to Move Forward: The Year in Review

Continuous improvement – it’s a principle of Kaizen, or lean management, which encourages constant incremental advancements and uses past performance to suggest changes for future improvements. The coming new year is always a good time to reflect on the previous twelve months and look for new opportunities for improvement. With that in mind, here’s a […]

The Results of Radical Retail Remedies

Brick and mortar retail sales have been in free-fall as online shopping grows exponentially. Some retailers have taken bold steps to survive, staking their future on technology and right-sizing. And the latest numbers may show some hope. Although overall year-over-year growth is still in negative territory, a recent Bank of America Merrill Lynch analysis found […]

Risk-Averse Retailers Gamble Safely on JIT

The just-in-time (JIT) inventory strategy has been the darling of manufacturers, distributors, and retailers for 20+ years. But there’s an inherent danger for retailers who use JIT. JIT is at the heart of the nimble business model, allowing businesses to be flexible and responsive to new market conditions. It reduces investment in inventory, it reduces […]

A Different Kind of Overhead

Square footage is ever more precious as our urban areas grow ever more crowded. Cities with naturally occuring geographical restrictions – San Francisco, Hong Kong, New York (Manhattan) – learned long ago that when you can’t go out, you have to go up. Land is too valuable to devote to the single-level use of green […]

A Tax Deduction To Give Thanks For – The Sec. 179 Rule

It happens every year around this time – the season for end-of-year tax deductions. The Section 179 tax rule gives businesses an opportunity to write off as much as $500,000 in new and used equipment costs. Equipment or software purchased and put into service by December 31st is deducted from your business’s gross income – […]

The Non-Hospital: Healthcare Design Goes Retail

A century ago, “the customer is always right” became the motto for success in the high competitive retail market. In today’s similarly competitive healthcare environment, providers are adopting that same customer-centric approach, according to Rob Chartier in Health Facilities Management. Many hospitals and clinics are redesigning themselves to create a total customer experience, in the […]

Trending: Retail Stores as “Museums”

Retailers have struggled with consumers’ growing habit of “showrooming” – shoppers come to stores to see, touch, learn about, and try on products which they then buy from a low-price low-overhead online retailer. Brick-and-mortar retail grew last year in the single digits, while e-commerce enjoyed a 22% growth rate. Are physical stores going to be […]