Merchandising

Simplify the Move from Retail to Cost Method Accounting

Most retail software packages provide a retail stock ledger summarized by merchandise hierarchy, location and week. The stock ledger must follow accounting rules and therefore should not be used as the basis for planning decisions. This can be a dilemma for a retailer especially if this is the only reporting vehicle available for [...]

Injecting Creativity into Apparel Merchandising

As people browse and shop more online – and increasingly on mobile – how you present merchandise to customers is key to winning sales, improving average order value, and securing conversions. There are many ways to effectively merchandise individual items – by offering dynamic swatches to show an item in all its available colors, [...]

INTERVIEW: Luxury Jewelers Resource Group

NOTE: Raymark is now part of the Mi9 Retail team Tim Claire, Chief Operating Officer of London Jewelers discusses why the Luxury Jewelers Resource Group (LJRG) selected Raymark as its software partner, the challenges that the Group was facing, and the key business opportunities that the Raymark system will help the Group address in the [...]

Luxury Jewelers Resource Group Selects Raymark

NOTE:  Raymark is now part of the Mi9 Retail team. Read the press release here.  Raymark is thrilled to welcome select members of the Luxury Jewelers Resource Group (LJRG) to its growing family of customers. The consortium of privately-owned and independent jewelers has unanimously selected Raymark’s end-to-end suite of solutions for Point of Sale (including [...]

Top 5 Features that all Jewelry Retailers Need for Operational Control

Every retail vertical is unique and the jewelry market is no exception. Not only do luxury jewelers boast an inventory of the most beautiful gems and diamonds crafted in gold, platinum or silver, but they also offer very specialized services to their customers. As a niche market, jewelers have very specific business processes and therefore [...]