Retail strategy to save the sale

Stephen J. Arias

For the holiday season 2022, consumers look set to continue their love affair with ecommerce solutions and online shopping. But if they cannot buy the items they want, they’re liable to abandon the sales order. Unless, that is, savvy retailers can get one step ahead with a retail strategy that […]

Retail Store Accounting Methods 101

Stephen J. Arias

Last In First Out (LIFO) Accounting For Retail Business LIFO, on the other hand, evaluates inventory based on current wholesale market prices rather than what businesses actually paid for products in the more distant past. It typically calculates a higher cost of goods sold and in turn a lower profit […]