Offbeat News about gift vendors, reps, retailers and shows
The answers that we received were sometimes surprising and had little to do with anything related to what we all buy, sell and promote in the Gift Industry. Why is that? Because a "gift " is many things. Some gifts are tangible items-many of which our industry sells-given for an occasion or for no reason at all; other gifts are less tangible-the gift of friendship, for example. More
And I hope you are, because that is a good sign for your business. But I also hope that you are not too overwhelmed at this time of year not to have a little time to begin planning ahead for the new year. Before you know it, you will have welcomed the new year in with a toast and then you will be headed to market with your open-to-buy in hand, ready to restock your shop with fresh inventory, and even-dare I say it-begin ordering for Holiday 2014! More
NEW YORK—Melinda Cantor, owner of Only You Gifts in Islip, NY, won second place in the 17th Annual Scotch Brand Most Gifted Wrapper Contest. She was among seven other finalists chosen nationally to compete. More
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Retailer Excellence Awards
From touring a retail store or playing a round of golf to attending cocktail parties with casual industry peers or learning more about the changing marketplace, professionals who took time to attend the third annual Casual Living Conference found time to squeeze in some fun. Change: The New Status Quo was the theme for the event, held Feb. 19-21 at Rosen Shingle Creek in Orlando, Fla.
Savvy Store Solutions
November 5, 2013"Why didn't they sell the shop to their employees?" asked a colleague of mine when they heard that a long-time retailer here in Madison, WI, was going out of business. The loss of a beloved independent is painful for the community, and clearly there were many people who would have preferred to see someone else take over to keep the store running.Unless you have a son or daughter interested in continuing to run your store when you retire, or unexpectedly leave the business due to ill health or death, succession can be a difficult issue for independent retailers ...
Savvy Store Solutions
February 20, 2012The newest player on the social networking scene is Pinterest, almost exclusively visual site that allows users to create online bulletin boards, or "pinboards," set up in categories such as home decor, food and wedding inspiration. In addition to a photo or video, you can add a caption, price or link. The users of Pinterest are largely female (80%) and visit the site 11 million times a week, according to Kim Garst. Pinterest makes it simple to pin new pictures onto your boards, either from a camera (such as the one in your smartphone), a web site, or someone else ...
November 10, 2011Seven months ago my client was presented with their bank's plan of forced liquidation. That's when they called me. Even while charging 10% interest on a fully collateralized loan, the bank had lost patience and was ready to force change. Options from alternative lenders were all in the range of 16% - 18%.Today my client has offers to lend $10million at 3% interest from four strong regional and national banks. Sweeteners include 41% greater availability on the same assets, the elimination of personal guarantees from the owners and a fresh lending relationship. This is not a miracle, just ...