Outcalt & Johnson: Retail Strategists, LLC
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Advice for Retailers: Be a Bumper Car?!

12/21/2020

 
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As we reflect on this year and the multiple and still-ongoing effects of the pandemic, we are inspired once again by the resilience and perseverance of independent retailers. 

Then we saw a comment – true, from an expected source – about dealing with adversity that seems particularly relevant to retailers. 

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Strong Waves Incoming. Ready to Take Advantage?

12/14/2020

 
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This Holiday season is bringing three big waves for retailers, in rapid succession. And each one requires a strikingly different management response. 

Wave #1 - the High Margin Wave - has begun in earnest, and will continue through Christmas Eve.
Faced with the shipping delays (and surcharges), customers have turned to brick-and-mortar stores. The savvy retailers are ready for them.

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"The envelope, please."

12/7/2020

 
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Here we are, in the first week of December, in this tumultuous pandemic year of 2020.

Maybe more than ever, you need to have a grip on your cash flow! What will you cash flow look like during December, January and February?

Since you must be able to make informed decisions about your business, every day, an up-to-date cash flow calculation is essential. Remember, profits are interesting, but it's cash flow that's significant!

Cash flow doesn't have to be fancy. In fact, what most owners need is just to have the basics on the back of an envelope. The savvy ones always have that with them.

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    Pandemic Perspectives & More from Retail STRATEGISTS

    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020

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Outcalt & Johnson: Retail Strategists, LLC • A Consulting Team for the Retail Industry