The Retail Buzz

This morning's RIS News had this to report ( http://www.risnews.com/):

"Memorial Day kicks off summer, but so far this year retailers have not enjoyed much sun and fun. It's not just the economy that is driving store closures. Other factors include sky rocketing fuel prices, increasing costs of just about everything and consumers being squeezed by the falling housing market and layoffs.

So with all these big guys closing stores, what hope is there for the little guy? Is there any hope at all? Pretty frightening, huh?

THE GOOD NEWS

Well, the good news is that the little guy is not prone to the pressures of the big guys: leveraged real estate, huge employee insurance programs, stuck with inventory that is not moving. In other words, the little guy can be a lot more nimble and faster to respond to the market with a lot less to worry about.... That is, if the little guy has the systems in place to respond fast, track inventory right down to the proverbal gnat's a--, and has or can build personal relationships with his customers.

What does it take to do that? Look to your POS system to do all of the above and see if you are using this technology to its fullest extent. If you need help figuring out how to use it, contact one of our Retail Consultants and get a full Retail Tech Check to find out what your existing POS system can and can't do for you.

And work to flourish and prosper despite what the economy is or isn't doing!

To get your free Retail Tech Check, go to:
http://onestepretail.com/services/freebusinessanalysis.php

Or contact us at 800-266-1328 or email us.

Donna Wesley Rogers
One Step Retail Solutions