Amazingly few retailers do, in our point of sale software our clients have their business information immediately, does yours? Do you have to go into another system to get some of it?
Every retailer needs to know what they are selling each month: what are their best sellers and where the money is coming from in their shop?
What are your top ten sellers yesterday? As a rule of thumb in retail, yesterdays 70% of the top ten sellers yesterday will be top sellers today? Do you have enough stock today?
If you cannot measure it, you cannot fix it.
Retailing today is about information.