Tagged increasing profitability

New Year’s resolutions are underway, and although the diet fads always begin with a bang, we all know the inadequate endurance of a quick fix, or worse yet, the hazards associated with cutting out too much, too fast. The rules of business (liquor store or not) are no different. Trimming the bottom line on business expenses is like implementing a new health regime, and there is no quick-fix to magically improve your standing, at least if you are looking to play

Category management is based on the premise that not all products are created equal. The goal is to increase revenue by optimizing how you inventory and display product. Category management is a relatively new retail tool having been…