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Retail

HOW TO BEAT YOUR RETAIL BUDGET

How to beat your retail budget  Background When every new retail budget is produced there is an expectation that both the sales and profit budgets will be achieved. However, irrespective on how a charity retail budget is arrived at, very
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Retail

CHARITY RETAIL BUDGETING CHECK LIST

Charity Retail Budgeting Check List Every year charity retailers set their budget for the following year. There is normally a structured process and one of the key elements on which the future budget is based is the current performance of
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Retail

CHARITY RETAIL PREDICTIONS 2024

Charity Retail predictions 2024 What are the key predictions for charity retail in 2024? Background We are living in a very traumatic period with high inflation although this may have reached its peak in late 2023. It is unfortunately a
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Retail

THE RISE OF CHARITY RETAIL DIFFERENTIATION

Customer shopping trends are still evolving with the buying preloved goods becoming increasingly popular for range of reasons including the growing cost of buying new, and the increasing desire to help the planet.  These changes have boosted sales and grown
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Retail

RETAIL LEADERSHIP

Good leadership is criticially important for the long-term success of all businesses and retail is no exception. One of the main challenges for charities with a retail business is that retail is not their area of expertise.  This makes charities
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Retail

HOW TO MEASURE YOUR RETAIL PERFORMANCE?

There are a range of different measurements of charity retail performance, but which is the best? Profit vs Budget For many charities this is the ultimate financial measure, but it is totally dependent on the quality of the budget, and
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