Posts Tagged ‘tuesday tips’

Tuesday Tip: Succeed Like the Discount Store

Tuesday, April 21st, 2009

At Store Supply Warehouse, we get many stores asking us for tips on how to survive the recession. That is one of the reasons we created the Store Supply Blog and Forum for Independent Retailers, because we wanted to give retailers a place to go to get ideas on how to stay afloat during these hard times.

This Tuesday, we are going to celebrate a segment of the industry that is not only staying afloat, but thriving; the discount/resale industry.

Discount retailers such as dollar stores, thrift shops and discount chains are seeing increased demand as consumers turn away from brand names and bargain shop. Many dollar store chains have seen unprecedented revenue growth. Recent earnings statements declared that Family Dollar’s revenue is up 8% and Dollar Tree is up 4%.

Additionally, charity-based stores such as Goodwill are calling for donations. Because more people are shopping at discount stores such as Goodwill, increased demand is keeping the shelves from being stocked to capacity and more donations are needed in order to meet that demand.

Retail supply distributors such as Store Supply Warehouse often can predict the retail markets’ success by the amount of supplies ordered in each industry segment. Recently, we have seen a spike in orders from the discount retail industry. In addition to standard supplies such as bags, hangers and tags, discount retailers are ordering shelving, racks and displays to accommodate added merchandise needed to meet consumer demand.

Prior to our current economic status, many consumers may have avoided dollar and discount retail chains, and especially thrift stores and consignment shops. But things have changed.  There is no certainty in these hard economic times for consumers and retailers alike, but if buying patterns of Store Supply Warehouse customers are any indication of what the future may hold, then dollar store retailers and discounters may have the best chance of weathering the storm.

So we just want to congratulate the discount/resale store industry for their ability to adapt and meet demand during this economy downturn. As the economy recovers, we hope that consumers remember the discount stores that helped their families make ends meet.

Are you a discount store owner/manager? How has business been recently for your organization? Any tips to pass along to non-discount store owners?

Tuesday Tip: How to Green Your Retail Store

Tuesday, April 14th, 2009

As consumers increasingly turn toward green products and lifestyles, they also want their retailers to adopt green business practices. A poll recently conducted by the Global Strategy Group shows that 87% of consumers are more likely to buy products from an environmentally friendly retailer.

Now, not everyone can afford a complete revamp of their store and business practices in order to make their building and business meet green standards. In fact, by reusing resources that you already have, you are in fact being green by not wasting materials.
However, there are certain smaller things that you can do in order to help cut down on your environmental impact. In fact, many of these practices can slowly be adopted.

First, start recycling. From boxes, to packaging, to receipt paper, many retail organizations have a lot of unavoidable waste. Make recycling at least paper a standard practice in your store. Look up your local recycling center and find out if they will pick up your paper. In some areas, local schools collect newspapers and other paper to make extra money.

Another way to help green your company is to replace your light bulbs. Make sure you are replacing your old bulbs with florescent bulbs as the old ones burn out. Florescent and LED bulbs use less electricity and last longer, reducing energy and waste.

When cleaning, invest in a couple of cloth towels instead of always using paper towels. At the end of the week, take them home and throw them into one of your usual loads to reduce the amount of paper that is being thrown away.

Even your bags can go green. Switch to eco friendly bags. These types of bags are more durable and reusable so that your customers can turn them into gift bags, lunch bags or more. Plus, they are made of 25-100% post consumer materials and are 100% recyclable. Or, sell canvas bags that your customers can reuse.

No matter the change large or small, by incorporating green practices into your retail store, your customers will appreciate it and it will decrease your store’s environmental footprint.

What are some other tips you have for greening your store? How has greening your location helped increase sales and decrease costs?

Tuesday Tip: How to Choose the Right Hanger for Your Retail Store

Tuesday, April 7th, 2009

Selecting a hanger seems like an easy decision. But with all the different options for size, type, material, etc, it is easy to get hung up on the details. Here are a few things to keep in mind when selecting a hanger type for your retail location.

  1. Choose Your Racks and Fixtures or Match Your Existing Decor. In order to make the most of your clothing displays, you must select racks and fixtures to accentuate the merchandise. The hanger you choose should match the criteria given by the store’s design elements such as the location of the cash register, slatwalls, racks, spacing issues and most importantly, the decorating. Lush carpeting and dark wood would not complement a clear break resistant hanger. A hanger is an extension of your décor. It could be the only thing in your store that a client touches and examines besides the merchandise. Therefore, it is important to put your best foot forward when it comes to hangers. When browsing our hanger selection, be sure to ask yourself if the hanger you are considering projects the proper image your store is trying to convey. That will narrow down your choices to a select few and make deciding much easier.
  2. Evaluate Your Merchandise. The style of a hanger has a direct impact on the perceived inherent value of the item it holds. Depending on the type of apparel you sell, your choice of an appropriate hanger may be very easy. For suits or dresses, wooden hangers would be the best choice. Pants need hangers with clips while silky or fine fabrics need hangers with non-slip pads or cut-outs in the hanger to hold the item in place. Carefully consider the type of hanger that will make the most of your displays while drawing the customer’s eye to the clothing. Crowded racks of clothing on the wrong hangers can quickly create a mess and cause your store to appear disorganized and unprofessional. Hanger accessories can enhance any hanger by organizing racks, securing items on hangers, or helping customers find an item. For example, piggy back connectors for plastic hangers maximize space by forming shirt and pant combinations. Customers appreciate any extra steps that make their shopping experience more enjoyable or efficient.
  3. Select a Hanger. What kind of hanger does your store need to make the most of its décor, clothing displays and merchandise? Each hanger style adds a different flavor to your store. Higher end stores may be interested in wood hangers or contoured plastic hangers. Coated non-slip hangers are handy for hanging fine fabrics or wide necked shirts. Versatile economy hangers, clear break resistant hangers and plastic hangers are fitting for many different types of stores and can even be sent home with the customer. Don’t forget your hanger accessories such as piggy back connectors, self-adhesive foam non-slips, foam hanger covers, size dividers and more.


What type of hangers do you use for your store? What advice do you have for someone choosing a new hanger type?

Tuesday Tip: Store Opening Supply List

Tuesday, March 31st, 2009

Opening a store is a very exciting prospect, and a lot of work. When opening a store, you want to make sure you have all the essentials. Plus, in today’s economy, you want to make sure you are spending your money efficiently.

Think about the design of your store. What type of décor do you want? Research shelving, display units, fixtures and accessories to decide on a complete look for your store. Select pieces that will coordinate with your logo, merchandise and retail space.

There are certain store supplies that almost any retailer needs, these include:

Different types of stores will obviously need different supplies. For example, a clothing retailer needs to purchase the following items:

Then, don’t forget about commonly overlooked items such as:

We’d like to hear from you! What were the essential supplies you needed when starting out your retail business? Do you have any advice for the first time retailer?