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For the past three years, we’ve talked about retail best practices and things retailers can do to improve their businesses and their profitability. But a few profit-draining worst practices—ten, as a matter of fact—keep coming back over and over again.
When I heard that Julian Saul was retiring as president of Shaw Industries, I wasn’t too surprised. Julian had talked about retiring. But just a few weeks later, when CEO Bob Shaw said he was stepping down I was very surprised.
Most of the nation’s moderate and lower priced area rugs are sold by mass market chain stores like Kmart and Wal-Mart, specialty chains like Bed, Bath & Beyond and Linens N Things, and the big boxes—Home Depot and Lowe’s.
The word in the halls was that it was “just like old times, only better.” This year’s NeoCon was characterized by more original styling and more exciting showrooms, playing to record crowds.
For the past few years, I've known that I needed to update my website and jumpstart my Internet marketing strategy. At the same time, I was hesitant to invest the time or money to get it done properly.
Growth in the residential flooring business may have slowed down from last year’s record pace, but a still healthy housing market and low (but climbing) interest rates have continued to help independent retailers grow this year.