Retailers offer their tips for successfully editing beauty inventory.
A hit sitcom in the 1970s, Sanford and Son depicts the escapades of Fred Sanford and his adult son Lamont. In the opening credits, a sign above the Sanford’s work and home depicts a crucial aspect of the sitcom’s setting. It says: “Sanford and Son Salvage, We Buy and Sell Junk.”
10 Marketing Tips Using Pinterest
Beauty store marketers looking to get the most from social media can no longer ignore Pinterest—a social network devoted to the posting of photo and image collections—which has quietly become the third-largest social network in the world. According to figures released by Experian Hitwise in April, Pinterest brought in 104 million visits in March, lagging only behind Twitter, which drew 182 million visits, and goliath Facebook, which attracted 7 billion visits.
Think you’re maximizing your merchant accounts? Think again. Here are some tips to help you optimize your contracts.
Credit cards can be a mixed blessing for retailers. While they help promote higher revenue and cement customer loyalty, they also carry significant baggage in the form of costly service charges. In many cases, processing costs reach levels that can obliterate your bottom line. There’s good news on the payment front, though. The Independent Service Organizations that sell credit card accounts are more willing than ever to strike deals favorable to retailers. That’s a direct result of a marketplace affected in fundamental ways by the recent recession.
Is it bad for business when too many beauty retailers occupy the same area?
In a diverse suburban community just a stone's throw west of Chicago, general manager of K-Stone Beauty Supply Joe Seok has helped run his family’s ethnic beauty supply and wig emporium in the heart of the Village of Oak Park’s bustling commercial district for more than 20 years.
These notable cases show the various legal theories used in this controversial salon-industry topic.
"Sold Only in Professional Salons." Those are fighting words throughout the beauty industry. They proclaim manufacturers’ and beauty salons’ desires to limit sales of many high-end professional-beauty products to salons. But large drugstore chains and discount retailers often sell products that have packages marked for sale in salons only. And they sell those products in competition with beauty salons despite the manufacturers’ and salons’ wishes.
It’s not enough to provide workers’ compensation insurance for your employees. With increasing premiums, you need to control costs too.
Employers are grappling with a spike in workers’ compensation premiums after years of virtually level costs. Increasing accident rates and higher medical costs are contributing to the problem. But you can help control the damage by improving safety programs and informing employees about the shared costs of accidents. Workers’ compensation insurance, long a burr under the employer’s saddle, is gaining new prominence in the drive to protect profits.
More On BeautyStoreBusiness