Gift industry financial news & reports
GUANGZHOU, CHINA – The 29th Jinhan Fair for Home & Gifts opens April 21 at the Guangzhou Poly World Trade Center. More
RICHMOND, VA - A newly formed sister company of Evergreen Enterprises Inc. announced today that has acquired substantially all of the assets of VivaTerra LLC. Terms of the transaction were not disclosed. More
HIGH POINT, NC — As part of its ongoing mission to bring clarity and information to the industry, Furniture/Today has announced the 2014 Regulatory & Compliance Summit. 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
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Retailer Excellence Awards
February 27, 2014I never dreamed that my kindergartener would visit a spa before I did, but lo and behold, hell hath frozen over. She has since attended two beauty-themed birthday parties-all at the ripe old age of 5-and seems to have had her fill (for the time being, at least). But one take-away that never seems to get old is the experience of having her nails "done." While she loves the glittery glow and the endless array of rainbow hues in which to adorn her digits, she admits that the stinky chemical smell is something she can live without (you and me ...
Savvy Store Solutions
February 24, 2014You may recognize this scenario: you want to carry some garden items in your shop for the summer season, but you can't rationalize placing a minimum order of $250 to $500 with each supplier you want to buy from. Here is a solution you may want to consider: a stocking distributor.Stocking distributors are consolidators who carry merchandise from several different companies (as well as some items of their own, probably direct imports), with a certain focus such as hardware, garden items, New Age products or housewares. They offer retailers the opportunity to place one order with a single ...
Savvy Store Solutions
February 11, 2014On a recent flight to attend a gift show, I discovered that my seat-mate had paid less than half the amount for her airfare than I had paid for mine. Welcome to the world of dynamic pricing! Technically dynamic pricing means that the price of an item is determined by a specific customer's ability to pay. In actuality, it means that prices are set based on what a specific customer is willing to pay. I probably bought my plane ticket later than my seat-mate, when fewer seats were available on the flight that fit my schedule. The airlines knew ...