Rx for a Healthier Business
Read and research articles by Linda Williams and improve your hospital's Gift Shop today!
- Growing your hospital gift shopFri, Sep 3 2010
Drive Your Business – Don’t Let Your Business Drive You! Operating or owning a retail store in today’s market is brutal, if you survive the competition of the big box stores surrounding you, overcome the rising costs of freight, insurance ... Read More
- Rx for a Healthier Business: How Retail Winners Win!Tue, Mar 10 2009
We all feel anxious about the negative effect that the recession is having on the retail industry. However, based on year-end information from the majority of my clients, the hospital gift shop industry seems to be holding its own. Some hospital gift ... Read More
- Rx for a Healthier Business: Planning a Gift ShopFri, Jun 20 2008
Your hospital in undergoing a major renovation and you’ve just found out you’ll be facilitating the new gift shop. Before you start to hyperventilate just thinking about all the extra work in your already time squeezed schedule, read the ... Read More
- Rx for a Healthier Business: Turn More, Earn More Thu, Jan 10 2008
As hospital administrators focus on a continuous-improvement culture throughout their organization, gift shop managers and those with gift shop oversight are held accountable for maximizing sales and profit performance. Implementing standard retail i ... Read More
- Rx for a Healthier Business: Cover Your Assets Thu, Jun 14 2007
Healthy gross margin profit comes from a productive inventory!The best productivity measure of inventory is turnover. Retail experts believe that improving turnover by 1 point can improve gross margin profit by as much as 50%!Turnover measures the nu ... Read More