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Alix Fraser is a Product Content Specialist at Lightspeed. Alix delights in finding ways to deliver actionable insights to retailers and restaurateurs. When not cooking up data-driven blogs with valuable tricks and tips, Alix is on the hunt for new ways Lightspeed can help entrepreneurs bring their cities to life.
What are stockouts and why are they the bane of every retailer’s existence? These empty-shelf nightmares can lead to lost sales,...
Accurate demand forecasting is vital for any business to reduce costs and meet customer demand. From qualitative approaches that rely...
In Lightspeed’s 2024 State of Retail report, we take a look into the preferences of different age groups, like Generation Z shopping...
Warehouse inventory management software is a vital tool for businesses, designed to streamline and automate the processes of tracking,...
How does your choice between FIFO vs. LIFO impact your business’s financial health? Inventory valuation is more than just an accounting...
Inventory management is the process of controlling and overseeing stock—raw materials, finished products and everything in between.If...
Efficient warehouse stock management, guided by the right warehouse efficiency tips, can make or break your business. Without it, you...
Having too much stock on hand is a financial burden on your retail business. Slow sales means less ability to cycle in newer inventory...
Understanding the marketplace and effectively positioning your business requires a detailed grasp of the competitive landscape. That...
In 2014, Lisa Bobb was an IT Director, having worked for giants like Coca-Cola for twenty years. In 2024, she’s running one of the...
Late grocery magnate Joe Coulombe wasn’t always Trader Joe. Before launching Trader Joe’s in 1967, Joe Coulombe led Pronto Markets,...
Dealing with dead stock can be a daunting issue for any retail business, posing significant financial burdens and logistical headaches....
Picture this: you’re out shopping, and you have time for one more stop. There are two stores in front of you. One hasn’t put much...
Being a pro retailer means more than knowing how to sell the right products to the right customers. You need to be an expert in inventory...
It’s a Saturday, and a would-be customer has a long shopping list. They need some groceries, new boots, a gift for their mother and...
Ever since the first order was placed online, retailers and shoppers both have been chasing the dream—the perfect blend of offline...
Tax season is upon us! Are you ready to ace all the forms and financial documents involved?In collaboration with DAVO by Avalara,...
There’s no denying that the CBD (cannabidiol) industry has grown incredibly fast since the legalization of hemp-derived CBD in 2018....
Meet Sunmed, Your CBD Store. They produce a proprietary line of premium CBD products with over 400 franchised and licensed locations...
Ah, organization. Whether you love to check boxes and make lists, or organizing things is the bane of your existence, one thing is...
You’ve been thinking about it. You know it’s time. You know your business needs it. You know you need to take a minute to assess...
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