Multichannel Retail
Top stories summarized by our editors
8/17/2018

Referencing her own experience as an entrepreneur, Ashley Hampton discusses how small businesses can tap into the insights data can provide. It's important to perform a monthly analysis of revenues and expenses, drill into customer information and create processes to handle repetitive tasks, she writes.

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Entrepreneur online
8/17/2018

Buying a business can be a more complicated process than people realize. Prospective buyers should seek to understand the emotions of the seller, analyze the source of the business' profitability and do their due diligence.

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Forbes
8/17/2018

Small-business owners seeking loans have to be prepared to navigate a maze of complex banking terminology, writes Megan Tyler. She offers definitions for six terms, including APR, factoring and merchant cash advance.

8/17/2018

Employee turnover can be especially painful for small businesses, but these companies can use a variety of tactics to boost retention. Entrepreneurs offer several tips, including giving employees opportunity for advancement, offering feedback and explaining why the work matters.

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The Associated Press
8/17/2018

Lila Owens spent a decade working for her family's real estate business after college before pursuing her passion by opening Cupcakin' Bake Shop in Berkeley, Calif., in 2014. Owens is now leasing a second space, and she plans to expand her business and her product line.

8/17/2018

The number of computer science graduates is rising but not as fast as demand, and retail provides a growing number of new tech job opportunities, Sam Berndt writes. Retail tech jobs pay as well or better than similar posts in other industries, many are located in areas with low costs of living and the positions offer a chance to play key roles in retail's digital transformation, he writes.

8/17/2018

Are you a memorable storyteller, inspiring leader and strong collaborator? If you checked all the boxes, you may be the right fit for the senior director of communications and content role currently available with the NRF Foundation, the philanthropic arm of the National Retail Federation. Learn more.

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nrf.com
8/17/2018

Time is running out to apply for the NRF Foundation's top scholarship. The Next Generation Scholarship provides all semi-finalists an opportunity to attend the NRF Foundation Student Program in New York City and the chance to get exposed to top retailers in the industry. Just like Garrett Ledbetter. Read Garret's story.

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nrf.com
8/17/2018

The internet of things, artificial intelligence and other technologies are reducing downtime, saving money and delivering other gains on the factory floor, writes Infor's Kevin Price. "With the ability to predict the upcoming issues and identify issues early, the maintenance team can be proactive and take action before the issue escalates and become catastrophic or costly," Price writes.

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New Equipment Digest
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Kevin Price
8/17/2018

Freight-hauling firms in the US are suffering from capacity shortages and a manufacturing backlog of nine months. ACT Research says a record 450,000 heavy-duty vehicles will be ordered this year.

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ACT Research