Bob Phibbs, the Retail Doctor Posts by Bob Phibbs, the Retail Doctor

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11 Benefits of Mystery Shops For Retailers

Updated April 19, 2024 If you're a retailer, you know how important it is to ensure your customers have the best shoppin...

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10 Retail Sales Training Tips For the Holidays

Updated September 30, 2024 The holidays are here, and I'm convinced some of you will have banner retail sales. Why? Beca...

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What Is Open to Buy and How Do You Calculate It?

Open to buy is the dollar amount you can spend on new merchandise without overstocking. The formula: planned sales + pla...

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5 Cash Flow Tips For Independent Retailers In October

The holiday season is about to begin, and every retailer is glad for it because cash flow will seem to get better. This ...

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