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Artificial intelligence is everywhere right now. From headlines about automation to bold predictions about the future of work, it can be hard to separate hype from reality—especially if you’re running a retail business and just trying to keep shelves stocked and customers happy. So what does AI in retail actually mean for you? The short

IMU stands for Initial Markup, representing the percentage difference between an item’s wholesale cost and its very first retail price. Nailing this metric right out of the gate gives your business the financial padding to absorb operating expenses and future markdowns without sacrificing profitability. While your final profit margins will inevitably fluctuate, a strong IMU

When you manage inventory across multiple locations, replenishment optimization is the process of using demand forecasting, real-time analytics and automation to determine the exact timing and quantity for restocking products. It eliminates the guesswork of manual ordering so you can maximize sales while minimizing excess holding costs. Let’s look at the core formulas that drive

Managing stock across multiple locations often feels like a constant balancing act between tying up cash and running out of bestsellers. Vendor managed inventory (VMI) is a collaborative supply chain model where the supplier, rather than the buyer, assumes responsibility for monitoring stock levels and automatically replenishing products based on real-time sales data. Handing over

Oracle’s upcoming sunset of NetSuite POS and SuiteCommerce InStore (SCIS) has forced a sudden pivot for many retailers. While an unexpected software migration like this is always a major disruption, it’s also a massive strategic opportunity. Forward-thinking retailers won’t simply be scrambling for a quick, 1:1 POS replacement. They’ll use this moment to re-evaluate their

Your fairways may be pristine, your food and beverage offerings may be on point, and your services may be best-in-class—but if your golf course website and online presence aren’t up to par, bookings will likely fall short of expectations. Having a well-designed, up-to-date and user-friendly website is essential to standing out in the age of

Looking for some fresh ideas to rejuvenate your golf course marketing strategy? Here's 30 ideas we're sure you haven't thought of yet.

A customer walks into your store, picks out exactly what they want and heads to checkout. As they reach for their phone, they ask a simple question: “Do you take Apple Pay?” Increasingly, the answer to that question can influence whether a purchase goes through smoothly or becomes a frustrating experience. Customer expectations around payments

Some golf managers find it hard to attract millennials to their facilities. Here are 16 strategies you can use to target and monetize this key demographic.

School may still be out for summer, but you don’t have that luxury as a retailer. Back-to-school is the second-largest retail event of the year—right behind the winter holidays—so there’s no time to sunbathe. Whether it’s preschoolers or college students, parents, teachers and kids alike are looking to bring some excitement and joy to what