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Two heads are better than one

I am reading Nate Silver’s new book, “The Signal and the Noise” so I will take you through some of my key observations from this well written book.  I will do that in a series of Blogs that allow me to...

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Do I Open More Locations?

Running one retail store is very different than running 2 to 1000! One of the challenges is consistency. Your customers will see your brand and not only your store. A stock-out in one store will deter...

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Objectivity and Success

This is another posts on the observations in Nate Silver’s book “The Signal and the Noise.”  The ideas which follow are his. “the word objective means seeing beyond our personal biases and prejudices...

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Avoiding Groupthink

Another in a series of posts discussing Nate Silver’s observations in “The Signal and the Noise.” “partisan beliefs can upset the equation in which more information will bring us closer to the truth”...

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Is Past Prologue?

Another in a series of posts discussing Nate Silver’s observations in “The Signal and the Noise.” “How do we reconcile the need to use the past as a guide with our recognition that the future may be...

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Simplification and Accuracy

By Evan Wise I am reading Nate Silver’s new book,  “The Signal and the Noise” so I will take you through some of my key observations from this well written book.  I will do that in a series of blog...

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Management One® Presents: RETAIL IS DETAIL

Thursday, February 21 at 12:00PM EST/ 9:00AM PST, Marc Weiss will be presenting the webinar Retail is Detail – The Sum of Doing a Lot of Little Things Right. Too often retailers look for a magic wand...

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Retail Quote of the Day

“The greatest gifts you can give your children are the roots of responsibility and the wings of independence.” – Denis Waitley

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Sculpting a Great Retail Staff

A great retail staff is not simply born. Creating a great staff is the responsibility of the owner and managers. When a manager blames an employee for not doing a job correctly, three fingers point...

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Planning and Buying- a retail conundrum

One fundamental of retail that has evolved as the retail becomes more complex is the necessity to split the duties of planner and buyer. The strategy of the buyer being also responsible for planning...

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Management One is a Cash Seeking Missle

One of our affiliates laid this term on me and it really made sense. Too often we find retailers focused solely and primarily on sales. Sure, sales are important. But not nearly as important as cash...

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Merchandise Planning to Help Your Business “Win @ Retail”

Management One’s Merchandise Planning to Help Your Business “Win @ Retail” article featured in Point of Sale news.

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Panic or Planning?

Making good retail decisions is about more than just gathering lots of data. It requires a gift to tease trends and insight from that haystack of data. How many transactions are there in your business...

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Core Values

As part of Winning@Business™ we emphasize the need for every retailer to have a documented set of their core values. We use those to train employees and screen new hires. We publish it to vendors and...

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What does Competition Mean?

Many retailers and businesses view competition like they were playing in the NFL. Any competitor is to be confronted and tackled with as jarring of a hit as possible. That is truly old thinking as...

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Onwards & Upwards

Onwards & Upwards Many Management One® stores did a great job transitioning their inventories through the month of July into fall, and that transition helped propel Management One® clients to a 10%...

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In the Spotlight

July was a very good month for Management One® clients. James Hallman’s (Atlanta, GA) client Shaia’s in Birmingham, AL was recognized again; this time the upscale menswear store was named one of North...

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Retail Quote of the Day

“Intelligence is the ability to adapt to change.” – Stephen Hawking

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Jobs!

I get tired of hearing that jobs were only generated in the retail sector and those are not good jobs! What could be more satisfying than helping people to find what makes them happy? Some people look...

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Groupings vs. Agings

By Evan Wise I am constantly amazed by the varied conclusions that experts realize when they analyze statistics. One of the latest studies addresses the differences between Baby Boomers, Gen X and...

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