Know Your Stores Blog

Whether you’re looking for ways to reduce shrink or comply with regulatory requirements, a rigorous store-level audit process is critical to protecting and substantiating company assets. But store audits definitely have their challenges: Traditional methodologies include a visit from internal auditors or the loss prevention team who complete a formal audit plan. This leads to […]

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If you don’t know the term “data silo,” I’m sure you know the feeling. It’s the inability to find the store information you need when you need it. I’ve heard the horror stories: “I spent six weeks combing through all of our store spreadsheets and still didn’t know if the data was up to date. […]

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Winning with Hyper-Local Retailing

Hyper-local retailing is one big advantage that brick-and-mortar stores still have over ecommerce. It gives you the ability to provide the best experience to customers by tailoring a store to your community’s specific needs. Think of it as another “P” to add to the infamous “Four P’s of Retail” (product, price, promotion and placement). That […]

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Your AccuStore team traveled to New York in January to take in three days of retail excitement and innovation at The National Retail Federation’s BIG Show.  It’s always energizing to see what’s new, celebrate success, talk about challenges and, of course, meet with retailers like you. The big theme this year was how to improve […]

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How do you know when it’s time for an onsite survey? The answer is simple: What is the cost of not knowing what your stores need? Are you unnecessarily spending money on extra marketing materials? Are you spending too much on capital expense? Are you delaying rollouts? Is compliance suffering? Without reliable data to help […]

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How to Get Your Data to Talk

“If you torture the data long enough, it will confess.”- Ronald H. Coase Do you feel like you have to torture the data at your company to get the answers you need? Or maybe the tables are turned and it’s the data (or lack thereof) that’s torturing you! A case could even be made that […]

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The Future of Retail Looks Like This

The Washington Post recently wrote an article about a new shopping center under construction in the heart of D.C. The urban center is fascinating because it is specifically designed to attract the millennial demographic. (You know, the group everyone, it seems, is trying so hard to get.) Why not borrow some of their great tips […]

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Retail’s Game Changer

July 15 was indeed a game changer for retail.  It was the day an iconic brick-and-mortar closed (FAO Schwartz) and an online powerhouse retailer (Amazon) invented its own sales holiday that became bigger than Black Friday. Add in Amazon going to same-day delivery and those physical advantages that brick-and-mortar retailers had are starting to disappear. […]

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