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Other miscellaneous store retailers (NAICS 453998) industry trends

Posted by Sageworks
Other miscellaneous store retailers (NAICS 453998) industry trends

The other miscellaneous store retailers industry includes pet and pet supplies stores, art dealers, manufactured mobile home dealers and tobacco stores. According to Sageworks’ industry data, the industry’s net profit margin during the last 12 months was 3.52 percent. During this time, the average gross profit margin was 43.35 percent. ...

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Retailers managing inventories

Posted by Sageworks
Retailers managing inventories

A one-week strike at the Ports of Los Angeles and Long Beach ended last week, bringing a sigh of relief to retailers in the thick of replenishing goods for the holiday shopping season. Meanwhile, current Sageworks data shows that in recent years, retailers have lowered their inventory levels as a percentage of their total assets. ...

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Retailers' margins explain swipe-fees spat

Posted by Mary Ellen Biery
Retailers' margins explain swipe-fees spat

Recent data from Sageworks Inc. shows why some retailers might be more inclined than others to balk at a proposed court settlement over credit-card fees.The National Retail Federation (NRF) this week said it would go to court to block the deal, which the group says doesn’t go far enough to rein in swipe-fee practices. ...

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Better economy, better hair?

Posted by Mary Ellen Biery
Better economy, better hair?

John Paul DeJoria, a billionaire who co-founded the Paul Mitchell hair care company and the Patron tequila brand, recently called beauty salons the best economic indicator. That pattern is consistent with what Sageworks, a financial information company, found when it conducted an analysis of financial statements for privately held salons. ...

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Private-company profit margins recover

Posted by Sageworks
Private-company profit margins recover

Privately held companies in most major economic sectors have returned their profit margins to pre-recession levels or better, according to a new analysis from Sageworks Inc., a financial information company. ...

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Forbes - Sageworks Stats: Where the jobs are

Posted by Mary Ellen Biery
Forbes - Sageworks Stats: Where the jobs are

November's job report Friday held positive news in the lower unemployment rate even though employers added fewer workers to their payrolls than had been forecast and average hourly earnings ticked down by 0.1 percent. ...

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Five steps to take now to capture the most holiday sales

Posted by Mary Ellen Biery
Five steps to take now to capture the most holiday sales

It’s Black Friday, and the crowds are lined up outside your store, just as you’d hoped. They’ve shrugged off the economic worries that dominate the news every day and just for a few days, are ready to spend. For retailers and restaurants, now’s the time to make sure your checkouts run smoothly and that your point-of-sale system doesn’t cost you sales. ...

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