Many successful specialty retailers dream of growing their businesses through franchising. But not all specialty retail businesses—even some of the most successful—have what it takes to make a franchise work. Is the business protected by trademarks? Is the concept clone-able? Does the concept have a strong value proposition for franchisees? Here's what you need to know to decide if your retail concept has the potential to become a thriving franchise.
Last year retailers nationwide had more than $41 billion in shrink, with employee theft and shoplifting accounting for the vast majority of losses. Here's how to shrink your shrink as much as possible this holiday season.
Cart- and kiosk-based franchises are a great way to get into business with the backing of a franchisor-without the overhead of an in-line.
Social shopping websites are today's instant focus groups—and they're free to any retailer who wants to "listen in."
Three visual solutions to pump up your displays and boost your sales.
Hundreds of attendees and exhibitors made their way to San Jose for the three-day Specialty Retail Entrepreneur Expo & Conference show in mid-June-where the deals were made!
Five industry leaders candidly discuss the opportunities and challenges facing specialty retailers this holiday season.
UJ Trading continues to dominate the remote-control toys category while expanding its specialty retail presence.
Spa' Ladi-da! is a hip-hopping place for tweens to be pampered while learning about health and positive self-image.
With fans proclaiming their team allegiances on hats, toothbrushes, key chains, plaques, mugs, fishing lures, dog beds, ties, watches, golf balls and almost anthing else you can think of-now is the time to be in the sports retail game.
Five companies use specialty retail locations to reach new customers, make sales and grow their businesses.