One of the industries that suffers the highest percentage of loss through shoplifting is the retail pharmacy industry. Now, you may immediately think we’re talking about prescription drug theft, but that generally occurs during full-out robberies, since thieves would have a difficult time accessing the drug area during regular business hours.
If you watch retail trends closely, you’ve no doubt realised that throughout the last 10 years of so, the prepared foods section in your supermarket has been getting larger and larger. And if you’re in the supermarket business, you’ve certainly ascertained that you need to pay lots of attention to that department, especially since prepared foods from all kinds of stores continue to capture more of that market share, stealing business from restaurants where you can probably pick up something similar but at a much higher price.
Food has always been a huge part of your life. You love to cook and you love thrilling others with your amazing meals. From appetizers and entrees to dainty desserts and more, you know how to make mouths water and you certainly know your way around a kitchen. Now it’s time to take your life’s passion and turn it into a business…a catering business.
Picture an old-fashioned general store, maybe something you’d find in the far reaches of the Outback or perhaps the American West. Can you see it? It probably includes an old weather-worn counter and an ancient cash register, a scarred wooden floor, and perhaps some shelves lined with cans, bags, and other unusual items. Chances are that pieces include display barrels, crates, wicker baskets, and other similar items.
If you’re hoping to add some pizzazz to your indoor signage, there are a number of ways to do it. Choosing to install lightboxes for retail areas of your store is certainly one of those ways. LED lightboxes are a wonderful means of visual communication as they attract attention – drawing the eye to the location where they’re hanging.
POS (point-of-sale) or POP (point-of-purchase) displays have long been a retail tool. These displays are designed to increase a customer’s amount of dollars spent per visit and are ideal for highlighting certain products that matter to you – the retailer – for one reason or another. High-quality POS displays drive sales upward, and if you follow a few simple guidelines, your point-of-sale displays will perform at an optimal level.
If you’re a retailer, we’re sure you’ve already figured out (or everyone has told you) how important it is to have quality signage that not only looks good but also speaks to your customers. But perhaps you’re wondering whether you should stick with the old-fashioned printed signage or maybe make that foray into the exciting world of digital signs.
How often should you renovate your retail space? 5 years? 10 years? 20 years? The answer to the question depends of many different factors, including the amount of traffic that goes through your store on a daily basis. But experts note that you don’t want to wait too long. As soon as your store begins to look dated or, worse yet, dirty and dingy, you begin to lose customers.