Management

Real Estate Agent Handing Over the Keys in Front of Vacant Business Office.
Julius Feinblum Real Estate
Empowering Retailers Julius M. Feinblum’s Approach to Real Estate Challenges

Julius M. Feinblum Real Estate has been a pivotal player in the real estate sector for over 36 years, specifically serving the Home & Patio Furnishings, Mattress, and Home Products industries. This case study explores how the firm leverages its specialized expertise, personalized service, and strategic partnerships to help retailers

Map of USA with money across the country.
Julius Feinblum Real Estate
Seizing Growth Opportunities for Furniture Retailers in the Next Six Months

Exciting growth opportunities are emerging on the horizon for furniture and bedding retailers. As several national and regional non-furniture retailers face challenges, smaller regional furniture retailers can capitalize on these openings. With low occupancy rent expenses, these retailers can expand into existing and new markets, filling gaps left by struggling

Business, Technology, Internet and network concept. Young businessman working on a virtual screen of the future and sees the inscription: Cash flow
Retail Smart Guys
Retail Cash Flow Strategies for Success

Running a successful business involves more than just making sales; it requires effectively managing your retail cash flow. This blog post will explore key strategies to increase your retail cash flow and improve your business’s profitability. You will learn practical tips and actionable advice to optimize your retail cash flow.

Strategic planning, tactic or strategy to win business competition, marketing analysis or challenge to achieve target, decision based on information concept, businessman hand on strategic chess king.
Arindam Basu
A Step-By-Step Guide to the Strategic Planning Process for Your Retail Business

An effective strategic plan provides step-by-step instructions for launching, growing, or redirecting an organization. The strategic planning process involves: Defining the organization’s vision. Conducting a situational assessment (including validating the forecast/outlook). Setting goals, objectives, and priorities (while understanding that different constituents may have different desired outcomes). Developing a tactical process

Analyst working on business analytics dashboard with KPI, charts and metrics to analyze data and create insight reports for executives and strategical decisions. Operations and performance management.
Citrin Cooperman
Leveraging Retailer Data Influences the Consumer Experience

Shopping for furniture and other home goods has evolved significantly, raising the bar regarding consumer experience. Let’s introduce the “chofa,” a sofa with a chaise on one end, to discuss my personal shopping journey and its implications for e-commerce in both B2C and B2B sectors. The shopping process involves gathering

Business Plan Demand and Supply Marketing Concept
Kevin Staples
Demand Planning Trends for 2024

“We need robust demand planning” is a phrase I hear from almost every client. Demand planning accurately forecasts customer purchases, essential to any business that buys/builds goods. At a basic level, the definition of demand planning and its crucialness to business are self-explanatory. However, successfully implementing demand planning responsive to

Businessman on blurred background using antivirus to block a cyber attack 3D rendering
Senscy
Why Does My Furniture Business Need a Cyber Incident Response Plan?

Every business owner would agree that the time to plan your response to a cyberattack is not in the middle of the incident. Research from the University of Georgia shows that a cyberattack occurs every 39 seconds, and 43% of these attacks target small businesses. Despite these data, not even

Business Computer Hacked. Cyber Security Virus Attack
Senscy
Your Employees Can Be Your Best Defense Against a Retail Cyberattack

A growing threat that has been on the rise and cannot be ignored for home furnishings businesses is the threat of a cyberattack. According to CyberSecurity Magazine, 61% of small to medium-sized businesses (SMBs) have reported at least one cyberattack during the previous year, and 43% of all data breaches

Key Performance Indicator (KPI) using Business Intelligence (BI) metrics to measure achievement versus planned target, person touching screen icon, success
Arindam Basu
Retail Operational Success Equals Financial Success

What KPIs Can You Measure to Improve Profitability? Customers are facing tough choices these days when it comes to discretionary spending. It’s not necessarily bad news, however. Retailers now have opportunities to build loyalty and grow market share if they can quickly and efficiently adapt their brick-and-mortar and online business

measure success with a blue ruler over tiles that spell out success
ProtectALL
Company Culture Is Your Invisible Metric

The Home Furnishings retail landscape is evolving at a rapid pace, presenting new and exciting challenges. Successful companies harness the power of their organization’s distinct vision, mission, purpose, and values to fortify their identity, inspire their employees, and deliver on their brand promise to their valued customers. Company Culture emerges

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