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Retailers Forum Nov. 2021 EMAG

Monthly magazine for independent retailers, retail store owners and online stores. Every issue features interesting articles on how to start or expand your business along with news of the retail industry. In every issue we have ads from the country's leading wholesale merchandise sources where you can buy from to stock up your store or order goods to sell online. Visit our full site with 1000's of free articles and specials - all free at www.RetailersForum.com

Monthly magazine for independent retailers, retail store owners and online stores. Every issue features interesting articles on how to start or expand your business along with news of the retail industry. In every issue we have ads from the country's leading wholesale merchandise sources where you can buy from to stock up your store or order goods to sell online. Visit our full site with 1000's of free articles and specials - all free at www.RetailersForum.com

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etailers<br />

VOL. 41 NO. 7<br />

NOVEMBER <strong>2021</strong><br />

Connecting Connecting Wholesalers and <strong>Retailers</strong> Since 1981Since 1981


BRING YOUR WHOLESALE BUYING INTO THE 21ST CENTURY<br />

or email<br />

PALLETFLY.COM<br />

INFO@PALLETFLY.COM<br />

347-450-1740<br />

SCORE MAJOR DEALS<br />

ON BRAND NAME<br />

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FACTS<br />

• 100’s of Brands & categories<br />

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• $144,000,000 of inventory<br />

• 900+ items in the top #100<br />

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RANKED ITEMS<br />

Save time and money searching<br />

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Page 2 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

Want More Info? Circle #15 on page 11 • www.Vendor411.com


NAB makes it easy to offset your credit card processing<br />

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©2019 North American Bancard is a registered ISO of Wells Fargo Bank, N.A., Concord, CA, and The Bancorp Bank, Philadelphia, PA.<br />

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Want More Info? Circle #02 on page 11 • www.Vendor411.com<br />

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©<strong>2021</strong> North American Bancard is a registered ISO of Wells Fargo Bank, N.A., Concord, CA, and The Bancorp Bank,<br />

©2020 North Philadelphia, American ©2020 North Bancard PA., American BMO is a Harris registered Bancard N.A., ISO is Chicago, a of registered Wells Fargo IL ISO and Bank, of Citizens Wells N.A., Fargo Concord, Bank Bank, N.A., CA, N.A., and Providence, Concord, The Bancorp CA, RI. and Bank, American The Philadelphia, Bancorp Express Bank, PA. Philadelphia, may require PA.<br />

American separate Express American may approval. require Express separate *Durbin may require approval. regulated separate *Durbin Check approval. regulated Card *Durbin percentage Check regulated Card rate. percentage Check A Card rate. transaction percentage A transaction fee rate. will A also fee per will transaction apply. also apply. **Some fee will restrictions also apply.<br />

**Some restrictions apply. **Some This apply. advertisement restrictions This advertisement apply. sponsored This is advertisement sponsored by an by ISO is an sponsored ISO of North of North by American ISO of North Bancard. American Apple Pay Bancard. Pay is a is trademark Apple a trademark Pay of is Apple a of trademark Apple Inc. Inc. of Apple Inc.<br />

WWW. WWW. NYNAB.COM NYNAB.COM<br />

RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 3


Want More Info? Circle #6 on page 11 • www.Vendor411.com<br />

Page 4 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


This is a Buying Guide for<br />

RETAIL STORE OWNERS<br />

Presented within the pages are the latest offerings from the country’s<br />

leading merchandise wholesalers. The advertisers herein sell strictly<br />

wholesale and require that you purchase with the intent of reselling<br />

through retail channels.<br />

HOW TO USE THIS DIRECTORY<br />

☛ Locate the products that interest you.<br />

See our product directory located on<br />

pages 6 & 7.<br />

☛ Make direct contact with advertiser.<br />

Most will have catalogs and price lists<br />

for you.<br />

☛ Order your merchandise, which will be<br />

shipped directly to your store.<br />

CLICK ON BANNERS<br />

IN SELECT ADS<br />

Want More Info? Circle #09 on page 11 • www.Vendor411.com<br />

TO GET FREE CATALOGS/PRICING<br />

FORUM PUBLISHING COMPANY<br />

383 East Main Street, Centerport, NY 11721<br />

www.<strong>Retailers</strong><strong>Forum</strong>.com<br />

CONTACT US:<br />

TEL: 1-800-635-7654<br />

FAX: 631-754-0630<br />

Email: <strong>Forum</strong>Publishing@gmail.com<br />

RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 5


Sell to over 60,000<br />

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See our USACostumers.com<br />

ad on page 36<br />

• Atomizers<br />

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for E-Cig $1.30<br />

E-Case w/2<br />

Cigarettes + 1 USB<br />

Charger $10.50<br />

Always Be<br />

Fashionable<br />

E-Cig kit Includes 1 cig,<br />

10cartridges, Wall, USB,<br />

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See our ad on Pg 25<br />

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3.5ml Atomizer Set<br />

w/Coil Heads $3.83<br />

• E-Cig Accessories<br />

SHISHA Zero<br />

Nicotine Disposable<br />

E-Cig $3.45<br />

www.Lightecig.com<br />

We Dropship - Distributors WanteD • Scroll website to bottom - Click on WHoLESALE<br />

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BUNZ IN OVENZ<br />

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ADVERTISERS INDEX<br />

PLEASE PATRONIZE THE LEADING WHOLESALERS<br />

WHO ADVERTISE IN RETAILERS FORUM MAGAZINE<br />

NOVEMBER <strong>2021</strong><br />

THE TRUSTED BUYING SOURCE FOR RETAIL STORES!<br />

ADVERTISING<br />

FORUM AD RATES .......... 09<br />

APPAREL<br />

1 STOP WHOLESALE ........ 37<br />

BLANK TEES. ............... 30<br />

BOUTIQUE CLOSEOUTS. ..... 53<br />

CLOTHINGWARE ........... 71<br />

DD BULK ................... 62<br />

FASHIONABLE SALES. ....... 25<br />

FLIRTY WHOLESALE ........ 22<br />

HEAVENLY SUITS ........... 18<br />

SCARF WAREHOUSE ........ 77<br />

STYLE IN FASHION .......... 18<br />

STYLISH PLUS .............. 59<br />

T SHIRT REP ................ 49<br />

UIN DEALS ................. 33<br />

UNIVERSE WHOLESALE. ..... 39<br />

USACOSTUMERS.COM ...... 36<br />

ASSORTED ITEMS<br />

AUCTION FINDER ........... 40<br />

BEAN WHOLESALERS ....... 56<br />

DINO DROPSHIP . . . . . . . . . . . . 65<br />

DOBA DROPSHIP ........... 19<br />

EVERYTHING CLOSEOUTS ... 48<br />

EZ DROPSHIP. .............. 32<br />

FIND IT ASIA. ............... 87<br />

MEGA UBID ................ 46<br />

PALLETFLY. ................ 02<br />

RAMSONS IMPORTS ........ 13<br />

SWEET WHOLESALERS ...... 27<br />

TOP TEN WHOLESALE ....... 86<br />

BOOKS<br />

AUCTION BOOK ............ 84<br />

BUYERS CONTACTS ......... 83<br />

CLOSEOUT DIRECTORY ..... 80<br />

HIDDEN WEALTH ........... 82<br />

CANDY<br />

SWEET WHOLESALERS ...... 27<br />

CELLULAR<br />

CELLCITY.BIZ .............. 29<br />

WHOLE-CELL .............. 31<br />

COMPUTERS<br />

REFURB SHOPS ............. 28<br />

CONSUMER ELECT.<br />

FIND IT CHINA .............. 61<br />

CREDIT CARD<br />

PROCESSING<br />

NORTH AMERICAN. ......... 03


#1<br />

BUYING GUIDE<br />

FOR RETAIL STORES!<br />

DISPLAY/SUPPLIES<br />

& SERVICES<br />

AVVO ..................... 50<br />

CC WAREHOUSE . . . . . . . . . . . . 63<br />

E-STORE BUILDERS ......... 44<br />

E STORE SIGNS ............. 67<br />

E-STORE SITES ............. 38<br />

FB CAMPAIGNS ............. 34<br />

FORA MOBILE COMMERCE ... 04<br />

FORUM ADVISORS . . . . . . . . . . 22<br />

FUNDING OFFICES .......... 76<br />

KWIK INC .................. 72<br />

PAYROLL HELPER .......... 68<br />

PROMOTIONAL REWARDS... 74<br />

PROTECTION PLANS ........ 66<br />

RETAILERS BANK ........... 52<br />

SALES GROUP BAGS. ........ 28<br />

SETON SIGNAGE ............ 85<br />

VACATION PROMO ......... 64<br />

WHOLESALESOURCES.COM ....<br />

INSIDE BACK COVER<br />

DROPSHIPPERS<br />

DINO DROPSHIP . . . . . . . . . . . . 65<br />

DOBA DROPSHIP ........... 19<br />

EZ DROPSHIP. .............. 32<br />

E-CIGARETTES &<br />

SMOKE SHOP ITEMS<br />

3’x5’Embroidered Flags $14.00 Each<br />

LIGHT E CIG ................ 41<br />

View our 148 page Catalog online !<br />

www.RIOhio.com<br />

LOGIC WHOLESALE ......... 15<br />

Belt Buckles $18.00 dz<br />

USA VAPE DEALS<br />

$36.00<br />

...........<br />

dz<br />

57<br />

Hat Pins $6.00 dz<br />

Garden Flags<br />

$48.00 dz<br />

Metal Signs<br />

$5.50 Each<br />

$9.00 dz<br />

FOOTWEAR<br />

Playing Cards<br />

$18.00 dz<br />

$24.00 dz<br />

3’x5’Embroidered Flags<br />

$21.00 dz<br />

$14.00 Each<br />

5” Patches $36.00 dz<br />

$39.00 dz<br />

Garden Flags<br />

48.00 dz<br />

$18.00 dz<br />

Tri-Fold<br />

$36.00 dz<br />

$5.00 Each<br />

SNEAKER CLEARANCE. ...... 35<br />

Leather Wallets $5.50 each<br />

HANDBAGS<br />

$21.00 dz<br />

$36.00 ut 72 pcs<br />

Magnets 3”x8” $18.00 dz<br />

BAG CLOSEOUTS ........... 45<br />

BAG VENDORS ............. 24<br />

12”x18” Metal Signs<br />

$5.50 Each<br />

HOME & HOUSEWARE<br />

Belt Buckles<br />

$42.00 dz<br />

DAKOTA STEEL ART ......16/17<br />

REEDYVILLE ............... 20<br />

RUG PROFITS............... 69<br />

RUSH SUPPLIERS ........... 78<br />

JEWELRY/<br />

ACCESSORIES<br />

BLING WHOLESALER ........ 73<br />

BODY CANDY HQ ........... 23<br />

BUND JEWELRY............. 21<br />

CLOSEOUTS FOR SALE. ...... 75<br />

HEAVENLY WHOLESALE ..... 60<br />

HIP WHOLESALE... BACK COVER<br />

JEWEL CLEARANCE ......... 54<br />

JEWELRY MINERS........... 51<br />

SHAKE WHOLESALE. ........ 24<br />

WindSocks<br />

$48.00 dz<br />

Min.Order<br />

$150.00<br />

Metal Sign<br />

$4.75 each<br />

$48.00 dz<br />

$30.00 dz<br />

12” Metal Signs<br />

$5.00 Each<br />

$4.50 Each<br />

NOVELTIES<br />

3pc Magnet<br />

$5.25 Each<br />

$42.00 dz<br />

Metal Plates<br />

$27.00 dz<br />

8” x 12” Parking Sign $18.00 dz<br />

$15.50 Each<br />

CARTOON CONCEPTS ....... 20<br />

COOL GLOWING ............ 47<br />

NOVELTY SELLER ........... 79<br />

PPE SUPPLIES<br />

PPE STOCKROOM. .......... 58<br />

R/C & TOYS<br />

8” x 12” Metal Signs<br />

$39.00 dz<br />

RC VARIETY ................ 43<br />

$4.00 each<br />

SOARING RC ............... 26<br />

Leather Bracelet $18.00 dz<br />

SPECIAL FEATURES<br />

Patches $18.00 dz<br />

Belt Buckles<br />

RETAILING NEWS $36.00 dz<br />

1ut/5 dz ........... Mood Rings $33.00 unit 14<br />

Advertise in<br />

Metal Sign<br />

12”X18” $5.75 Each<br />

See Page 9<br />

12”x18” Metal Sign $5.25 each<br />

BUSINESS BOOKS<br />

www.BizBooks.org<br />

Ring...Ring...<br />

$36.00 ut/72pcs<br />

Savings<br />

for<br />

Cell<br />

$15.00 dz<br />

$6.00 dz<br />

See our Hat Ad Pins on Page Also 29<br />

sold by the<br />

Gigantic dozen! Selection<br />

of Variety Goods<br />

$15.00 dz<br />

36 pcBiker Ring<br />

$24.00 dz<br />

Best Friend Necklace<br />

RAMSON’S<br />

$39.00 unit<br />

$24.00 dz/sets<br />

FORUM See our Ad on Page 13<br />

$7.00 WORKSHOP Each<br />

........ 30<br />

READER RESPONSE ......... 11<br />

WHAT’S HOT ............... 12<br />

TRADE SHOWS<br />

& SHOWROOMS<br />

THE MARKET CENTER ....... 18<br />

WATCHES & CLOCKS<br />

TIME WHOLESALERS ........ 55<br />

WATCH DEALERS ........... 42<br />

WEDDING ITEMS<br />

SMARTEST BARGAIN . . . . . . . . 26<br />

DROPSHIP TO PROFITS!<br />

Tri- Color Necklace $18.00 dz<br />

1000’s of Items<br />

See our ad on Page 19<br />

WHOLESALERS:<br />

Increase Your Sales<br />

By Advertising Here!<br />

631-754-5000<br />

WIND SPINNERS<br />

Sells Like<br />

A Breeze!<br />

DAKOTA STEEL<br />

See Our Ad on Pgs. 16/17<br />

VISIT FORUM ON<br />

THE INTERNET<br />

View our latest books at<br />

www.bizbooks.org<br />

WE HAVE BUYERS<br />

Databases for ALL Industries<br />

www.BuyersContacts.com


ADVERTISING INFORMATION<br />

www.retailersforum.com<br />

VOL 28 NO. 2<br />

JUNE 2008<br />

MARKETING TIPS!<br />

MERCHANDISE SOURCES<br />

RETAILING TIPS<br />

SELL LIKE AN<br />

EGYPTIAN!<br />

Reach Active Buyers with our Print Readership<br />

Plus over 265,000+ Page Views Monthly Online<br />

✔ Apparel and Accessory Stores<br />

✔ Card and Gift Stores<br />

✔ Discount and Dollar Stores<br />

✔ Distributors and Jobbers<br />

✔ General Merchandise Stores<br />

✔ Internet On Line Stores<br />

✔ Mail Order Catalog Sales<br />

✔ <strong>Nov</strong>elty and Toy Stores<br />

✔ On Line Stores<br />

✔ Resort and Souvenir Stores<br />

✔ Sporting Goods Stores<br />

✔ Variety Merchandise Stores<br />

✔ Wholesalers<br />

ESTABLISHED IN 1981 as a buying source for store<br />

owners and wholesalers, <strong>Retailers</strong> <strong>Forum</strong> offers advertisers<br />

a large national circulation to showcase their products<br />

and services. Many of our readers are located in rural<br />

areas where access to merchandise is difficult, making our<br />

magazine indispensable to their buyers.<br />

Through our unique direct mail and trade show<br />

circulation we constantly rotate our mailing lists, adding<br />

new stores monthly enabling us to deliver new, fresh<br />

buyers each and every month you advertise with us.<br />

In addition to your print ad, your company will be<br />

featured in our digital on line monthly version at<br />

www.RFmagazine.com. Our online magazine produces<br />

over 265,000+ page views monthly for our advertisers,<br />

which is in addition to our print and mail distribution.<br />

Your online ad will link to your website and email<br />

address and we provide unlimited transfers from our<br />

readers into your website 24/7.<br />

FORUM PUBLISHING COMPANY<br />

383 East Main Street, Centerport, NY 11721<br />

www.<strong>Retailers</strong><strong>Forum</strong>.com<br />

CONTACT US:<br />

TEL: 1-800-635-7654<br />

FAX: 631-754-0630<br />

Email: <strong>Forum</strong>Publishing@gmail.com<br />

Page 8 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


etailers<br />

ADVERTISING RATES<br />

AD SIZE 1 ISSUE 3 ISSUES 6 ISSUES 12 ISSUES<br />

› Page $400 $300 $275 $250<br />

¼ Page $525 $425 $400 $350<br />

½ Page $625 $525 $500 $450<br />

Full Page $850 $750 $700 $650<br />

2 Pages $1,350 $1,250 $1,150 $1,050<br />

Prices shown per month, above rates include full color printing<br />

ADVERTISING SPECS<br />

› Page: 2¼" high x 3¼" wide<br />

¼ Page: 4‚" high x 3¼" wide<br />

½ Page:<br />

Full Page:<br />

4‚" high x 7" wide or<br />

9½" high x 3¼" wide<br />

9½" high x 7" wide<br />

Email or provide CD of ad in exact dimensions as JPG, TIF or preferred<br />

PDF format in CMYK color, 300 dpi resolution only<br />

FULL MARKETING PROGRAM INCLUDED >><br />

✔ Monthly print and mail magazine<br />

✔ Online magazine and search marketing<br />

✔ Distribution at top trade shows<br />

Printed Magazine<br />

• Your ad is featured in our<br />

printed magazine circulated<br />

to buyers across the USA.<br />

Includes distribution at<br />

industry’s top trade shows.<br />

Complete Digital Magazine<br />

• Your ad runs on-line at<br />

www.RFmagazine.com<br />

• Over 265,000+ monthly<br />

page views<br />

• Active link to your website<br />

Phone APP<br />

• Your company included in our<br />

free iPhone and Android APP.<br />

Imagine YOUR company right<br />

on the buyers phones!<br />

Reader Response<br />

• Generates leads from buyers<br />

interested in your products<br />

through a code placed in<br />

your ad and on-line at<br />

www.vendor411.com. Free for<br />

all half and full-page ads.<br />

Search Marketing<br />

• Your company included in<br />

the industry’s leading search<br />

engine: www.supplier411.com<br />

• Saturation marketing coverage<br />

on our new wholesale portal:<br />

www.wholesalesources.com<br />

TOP INDUSTRY TRADE SHOWS <strong>2021</strong><br />

JANUARY<br />

Atlanta Gift Fair<br />

Los Angeles Market Week<br />

Minneapolis Gift Show<br />

Philadelphia Gift & Variety Show<br />

Seattle Gift Show<br />

The Merchandise Center, IL<br />

FEBRUARY<br />

Charlotte Gift Show<br />

Louisville Gift Show<br />

Magic Sourcing Show<br />

New York Toy Fair<br />

Off Price Specialist Show<br />

Rocky Mountain Gift Show<br />

St. Louis Gift Show<br />

MARCH<br />

ASD Marketweek Las Vegas Show<br />

Atlanta Spring Gift Show<br />

California Marketplace<br />

Dallas Apparel & Accessories Show<br />

Norton’s Gift & Variety Show<br />

The Merchandise Center, IL<br />

APRIL<br />

Charlotte Gift Show<br />

Hawaii Merchandise Expo<br />

Minneapolis Gift Show<br />

Northern Michigan Gift & Souvenir Show<br />

The Merchandise Center, IL<br />

MAY<br />

Las Vegas Licensing Show<br />

New Orleans Gift & Jewelry Show<br />

Off Price Show NY<br />

The Merchandise Center, IL<br />

JUNE<br />

Charlotte Gift & Variety Show<br />

Dallas Gift & Variety Show<br />

LA Fashion Market<br />

Norton’s Gift & Variety Show<br />

JULY<br />

Atlanta Gift & Home Furnishings<br />

California Marketplace<br />

Philadelphia Gift & Variety Show<br />

The Merchandise Center, IL<br />

AUGUST<br />

ASD Market Week<br />

Biloxi Wholesale Show<br />

Louisville Gift Show<br />

Minneapolis Gift Show<br />

Off Price Specialist Show<br />

New Orleans Gift & Jewelry Show<br />

Rocky Mountain Gift Show<br />

St. Louis Gift Show<br />

SEPTEMBER<br />

Asia America Wholesale Show<br />

Charlotte Gift & Variety Show<br />

Dallas Home & Gift Show<br />

Hawaii Gift Show<br />

Norton’s Gift & Variety Show<br />

Philadelphia Candy & Gift Show<br />

Rocky Mountain Gift Show<br />

The Merchandise Center, IL<br />

OCTOBER<br />

Dallas Apparel & Accessories Show<br />

Greensboro Gift & Jewelry Show<br />

Las Vegas Souvenir & Gift Show<br />

Minneapolis Gift & Variety Show<br />

The Merchandise Center, IL<br />

NOVEMBER<br />

Gatlinburg Gift Show<br />

Hawaii Merchandise Expo<br />

New Orleans Gift & Jewelry Show<br />

Norton’s Gift & Variety Show<br />

Smoky Mountain Variety<br />

DECEMBER<br />

Charlotte Gift & Variety<br />

Grand Strand Gift & Variety Show<br />

Greensboro Gift & Jewelry Show<br />

The Merchandise Center, IL<br />

Our Large Holiday Issue Hits The Mails Before<br />

Thanksgiving to Maximize Advertisers Results!<br />

* Show schedules are subject to change without notice.


FROM THE<br />

PUBLISHER<br />

A Time For Thanks<br />

BEING thankful and giving thanks is<br />

a great American tradition. There are<br />

not many countries that actually make<br />

a holiday that is dedicated to just giving<br />

thanks and being gracious. And thank<br />

goodness even with all the craziness<br />

in the USA we are still embracing this<br />

wonderful tradition with our friends<br />

and family. I personally would like to<br />

thank all of our readers and advertisers<br />

for supporting our magazines and<br />

helping us continue our business<br />

since we started way back in 1981.<br />

We are eternally grateful for the<br />

blessings we’ve had over the decades<br />

and the opportunity to serve an<br />

industry we love.<br />

RETAILERS are also most thankful<br />

for this time of year when everyone<br />

heads into full swing for the holiday<br />

season. Many of us who saw slower<br />

sales for a good part of this year are<br />

anxious to recoup as we head into the<br />

home stretch. And, as always, once<br />

we got past Halloween the weeks<br />

will just fly by as we move into our<br />

busiest times.<br />

THIS year is a bit different from<br />

past ones as many products are<br />

experiencing shipping delays,<br />

low stock or higher prices. Astute<br />

retailers saw this happening a couple<br />

of months ago and ordered well in<br />

advance or stocked up earlier than<br />

usual to ensure inventory in their<br />

stores. Between tight inventory<br />

and increased inflation this holiday<br />

>> ON-LINE SOURCING<br />

season will have its set of challenges.<br />

Planning ahead will have paid off and<br />

retailers would be wise to search out<br />

inventory and new suppliers so that<br />

they do not run out mid-sales season.<br />

AS entrepreneurs it is our nature<br />

to look ahead and forecast as best<br />

we can what the new year will bring.<br />

Each of us has to make plans to help<br />

our businesses grow and prosper. We<br />

should all be thankful that we love in<br />

a society that allows and encourages<br />

free enterprise. And it has never been<br />

more important than today to fight to<br />

keep those freedoms. Our colleagues<br />

in this industry are the most diverse<br />

of backgrounds and ethnicities, all<br />

enjoying the same freedoms. It is<br />

rewarding and gratifying to work<br />

alongside such a fine group of<br />

dedicated and hard-working people.<br />

IN the meantime, we’ve dug our<br />

trenches all year in preparation of<br />

this holiday season. Now is the time<br />

to maximize your profit potential.<br />

Shoppers will be out with money to<br />

spend and our job is to encourage<br />

them to spend it at our businesses.<br />

That means keeping inventory<br />

current, diversified and plentiful. If<br />

you have unsold goods from last year,<br />

mark it down and move it out. Now is<br />

the time to cash in. That goes for both<br />

wholesalers and retailers.<br />

THE countdown has begun.<br />

It’s holiday time!<br />

The entire issue of<br />

<strong>Retailers</strong> <strong>Forum</strong> Magazine<br />

is posted on-line at<br />

www.<strong>Retailers</strong><strong>Forum</strong>.com<br />

Includes: Website Links *<br />

E-Mail Links * Printable PDF’s<br />

ACCESS OUR MAGAZINE<br />

FROM ANYWHERE 24/7<br />

RETAILERS<br />

FORUM<br />

SALES & MARKETING<br />

Gregory Brown<br />

Tom Richards<br />

Scott Savitt<br />

Martin Stevens<br />

OFFICE MANAGER<br />

Leah C.<br />

PRODUCTION<br />

Lisa Maresca-Smith<br />

CREDIT DEPARTMENT<br />

Kristine Hines<br />

CIRCULATION<br />

Discount Reading Svc.<br />

LITERARY STAFF<br />

Patricia Luebke<br />

Jason Meyers<br />

Rachel Spearman<br />

COLOR PRODUCTION<br />

Anchor Imaging<br />

PRINTING<br />

Composing Room<br />

ART DIRECTION<br />

Gregory Stevens<br />

Martin Stevens<br />

OVERSEAS OFFICE<br />

Trade Channel<br />

N.W. Guineastr 30<br />

2022 PA Haarlem<br />

Netherlands<br />

+31-23-531-90-22<br />

Published Monthly by:<br />

<strong>Forum</strong> Publishing Co.<br />

383 East Main Street<br />

Centerport, NY 11721<br />

Tel: 631/754-5000<br />

Fax: 631/754-0630<br />

forumpublishing@gmail.com<br />

www.retailersforum.com<br />

40 Years<br />

1981-<strong>2021</strong><br />

RETAILERS FORUM is published monthly at<br />

$75/year USA, $125/year foreign.<br />

Entire contents copyright ©<strong>2021</strong> by<br />

<strong>Forum</strong> Publishing. Publisher assumes no<br />

responsibility for contents herein. First and<br />

third class postage paid at Centerport, NY.<br />

Bulk mail paid at NY, Brookfield, WI and<br />

Hooksett, NH under private mail indicia via<br />

publication mailing.


etailers<br />

Reader Response<br />

FREE PRODUCT INFORMATION FROM OUR ADVERTISERS<br />

Have our advertisers contact you directly!<br />

Simply select the advertisements that interest you and fax this form to 631-754-0630<br />

or fill in on-line at www.Vendor411.com<br />

APPAREL & ACCESSORIES<br />

❒ All Advertisers in APPAREL<br />

❒ 28. Style in Fashion<br />

BUSINESS SERVICES<br />

❒ All Advertisers in BUSINESS SERVICES<br />

❒ 06. Fora Mobile Commerce<br />

CREDIT CARD PROCESSING<br />

❒ All Advertisers in<br />

CREDIT CARD PROCESSING<br />

❒ 68. EXP Merchant<br />

❒ 38. EXS Credit<br />

❒ 02. North American Bankcard<br />

GENERAL & VARIETY<br />

❒<br />

All Advertisers in GENERAL & VARIETY<br />

❒ 15. Palletfly<br />

❒ 07. Ramsons<br />

HOME & HOUSE<br />

❒ All Advertisers in HOME & HOUSE<br />

❒ 23. Dakota Steel Art<br />

❒ 08. Reedyville<br />

SELF DEFENSE<br />

❒ All Advertisers in SELF DEFENSE<br />

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❒ All Advertisers in WESTERN ACCESSORIES<br />

❒ 33. JR Palacios<br />

For Quick Response:<br />

Fax: 631-754-0630 • On-Line: www.Vendor411.com<br />

Mail: <strong>Forum</strong> Publishing Co. • 383 E. Main St. • Centerport, NY 11721<br />

Your Name _____________________________________________ Type of Business ____________________________________<br />

Company Name _____________________________________________________________________________________________<br />

Address ____________________________________________________________________________________________________<br />

City ____________________________________________________State _____________________ Zip ______________________<br />

E-Mail: _________________________________________________Tel _______________________ Fax ______________________


For more information, contact:<br />

www.ShakeWholesale.com<br />

Passion<br />

Blue<br />

Turquoise<br />

Sterling Silver<br />

Pendant<br />

Retail $148.15<br />

CLOSEOUT....$31.00<br />

For more information, contact:<br />

www.BoutiqueCloseouts.com<br />

Lilly<br />

Pulitzer<br />

Cobalt Blue<br />

Short<br />

Sleeve<br />

Dress<br />

$<br />

6<br />

ARTESANAL JEWELRY SELLS<br />

AND you thought that only bread could be artesanal? Not these<br />

days! One of the trends in jewelry these days is special bespoke pieces<br />

that are unique and colorful. Shake Wholesale is the #1 supplier in<br />

the country to satisfy the markets craving for inexpensive bt wonderfully<br />

designed and crafted costime jewelry.<br />

WITH many years of industry knowledge, the company offers only<br />

the finest, quick selling and high profit margin pieces for you to sell at<br />

your store or online site.<br />

THIS month’s special deal is a beautiful closeout of passion blue<br />

turquoise sterling silver pendant that you can easily retail for $148.00<br />

and up - for just $31.00. The margin is there and this will fly off your<br />

shelves.<br />

DESIGNER COLLECTION DISCOUNTS<br />

ARE you familiar with Thred-up and Poshmark? Well, those two<br />

companies are blazing ahead with designer goods at a fraction of the<br />

prices. And shoppers are lining up for their offerings.<br />

THE trend in high priced designer clothing and accessories is to buy<br />

gently used goods for a fraction of the price. No longer are just recycled<br />

jeans something to buy, now you have the options for top designer<br />

brands for pennies on the dollar. And your shoppers will love this<br />

opportunity to own expensive items for a fraction of the price.<br />

THIS month’s hot item is a beautifil Lily Pulitzer short sleeve dress<br />

for just $6.00! Now remember, this is gently used and there is only<br />

one, but the company website has 100’s of apparel and accessories<br />

for you to browse. And there is no minimum order and fast nationwide<br />

shipping. You must check this out right away.<br />

For more information, contact:<br />

www.<strong>Forum</strong>123.com<br />

Tel: 1-631-754-5000<br />

Visit Our New Monthly What’s Hot online at: www.HotProducts.biz • Get listed: 800-635-7654<br />

Page 12 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

CLOSEOUTS MEANS PROFITS<br />

EVERY business needs to have great margins and this rings true<br />

especially for retailers of general and variety merchandise. It;s tough<br />

to make high margins on most items which is why smart retailers and<br />

online sellers watch the closeout markets to add merchandise into their<br />

regular lines. Closeouts can often be purchased for pennies on the dollar<br />

and make for extra profits for your business.<br />

CLOSEOUTS are not damaged goods - they are simply overstocks,<br />

overruns or merchandise that comes from closed stores, discontinued<br />

lines or packaging changes. When you buy closeouts you can mix these<br />

goods into your regular lines and make 200-500% margins while still<br />

selling at a discount. Our updated Closeout Directory teaches you how<br />

and where to buy them. $29,.95 print/PDF.


Want More Info? Circle #07 on page 11 • www.Vendor411.com RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 13


Target Ups Pay $2 Hour For Holiday Peak<br />

TARGET has announced that it will pay an extra $2 an hour to store and service center<br />

employees who work peak days during the holiday season, such as on Saturdays and Sundays<br />

in the final week before Christmas. The retailer previously said that it would scale back holiday<br />

hiring and give more hours to its staff.<br />

THE retailer is among others who are offering higher pay as many retailers are struggling to<br />

fill jobs and focusing on retaining employees ahead of the peak shopping season.<br />

CURRENTLY Target’s minimum wage is $15 an hour.<br />

Claire’s To Go Public<br />

REMEMBER Claire’s Accessories that was in almost every mall around the country and had<br />

a massive following by pre-teens and teens? Well,, after struggling for many years with massive<br />

debt they emerged from bankruptcy but like many other chains with a heavy shopping mall<br />

presence faced declining customer traffic and increased online competition.<br />

BUT the story doesn’t end here. The Illinois-based company recently filed to go public with<br />

an offering of $100 million, a placeholder that will likely change when the terms of the share<br />

sale are set.<br />

CLAIRE’S is hoping to sell investors on it’s “coming of age” story by sharing that it has a<br />

powerful following with the Generation Z audience which consists of over 2.5 people globally.<br />

THE company reported a net loss of $144 million on revenue of $356 million for the three<br />

months ending Juy 31. As of that time period the company had more than 1500 stores in North<br />

America and 880 in Europe as well as operating in over 10,000 concessions across 25 retail<br />

partners.<br />

KNOWN for its ear piercing service, the company plans to expand into nose piercings which<br />

are currently only in limited stores in the UK, Germany and Canada.<br />

HomeGoods Finally Starts A Website<br />

AFTER opening a record 820 stores, HomeGoods has finally launched a website as the retailer<br />

looks beyond brick-and-mortar at a time of soaring e-commerce demand.<br />

THE discount home decor chain recently started offering items including bedding, kitchen<br />

goods and seasonal items on its website and sees it as a compliment to its physical stores.<br />

THE late launch underscores the reluctance of their parent company TJX to embrace<br />

e-commerce, preferring instead to highlight the “treasure hunt” experience for customers inside<br />

their stores. Marshalls only went online in 2019, while TJ Maxx started their website back in 2013.<br />

TJX had shut many stores during the pandemic and perhaps realized that online shopping<br />

will play a great role in sustainability while many shop online still.<br />

For Late-Breaking Industry News Visit: www.<strong>Retailers</strong><strong>Forum</strong>.com<br />

If It Affects Retailing We Report On It!<br />

Page 14 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


EVERYTHING E-CIG<br />

WE HAVE IT ALL:<br />

STARTER KITS - BATTERIES & CHARGERS - MODS & RBAS<br />

TANKS & ATOMIZERS - PARTS & ACCESSORIES - E LIQUIDS<br />

SMOK Vape Pen V2 60W<br />

AIO Starter Kit $15.95<br />

Air Factory Salts Tropical<br />

Grapefruit TFN 30ml $9.99<br />

SMOK ARCFOX 230W Starter Kit With<br />

TFV18 Sub-Ohm Tank<br />

$54.95<br />

SMOK Species V2<br />

Starter Kit - 230W TC<br />

Touchscreen Mod With TFV8<br />

Baby V2 Tank<br />

$27.95<br />

OG Island Fusion (KiBerry<br />

GeekVape<br />

Killa) by Keep it 100<br />

SMOK RPM LITE 40W Pod Mod Kit<br />

OBELISK 120W Kit<br />

E-Liquid $9.99<br />

$9.99<br />

$63.99<br />

ESTABLISHED 2011 • NEW WHOLESALERS WELCOME • WORLDWIDE SHIPPING - USA HEADQUARTERS<br />

www.LogicWholesale.com<br />

RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 15


Page 16 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

Want More Info? Circle #23 on page 11 • www.Vendor411.com


Want More Info? Circle #23 on page 11 • www.Vendor411.com<br />

RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 17


STYLE IN FASHION INC.<br />

WEST-SIDE DESIGNS<br />

We Carry Winter<br />

Sweaters & Jackets<br />

at Moderate<br />

Prices<br />

MANY STYLES AVAILABLE IN<br />

DASHIKI PRINT<br />

for Men & Women<br />

Imported from<br />

Thailand & India<br />

Tie-Dye, Hawaiian Print,<br />

Solid Acid Wash, Printed Dresses,<br />

Baby Doll Dresses, Blouses,<br />

Skirt Sets, Pant Sets, Skirts, Sundresses,<br />

Umbrella Dresses in Rayon & Cotton<br />

Fabric. We also carry Magic Wrap,<br />

Sarongs, Handkerchief Dresses, Pancho<br />

Tops - all in Regular and Plus Size.<br />

We also carry<br />

Belly Dance & Zumba<br />

outfits in lots of different styles.<br />

321 Olympic Blvd. Los Angeles, CA 90015<br />

Tel: (213) 624-9728<br />

Fax: (213) 624-2115<br />

email: Andy@StyleInFashion.com<br />

View Our Catalog Online or Call for Catalog<br />

SAMPLE<br />

PACKAGE<br />

$300<br />

Quantity<br />

Discounts<br />

Available<br />

www.StyleinFashion.com<br />

Want More Info? Circle #28 on page 11 • www.Vendor411.com<br />

www.HeavenlySuits.com<br />

FULL COLLECTION OF DESIGNER TOP QUALITY<br />

CHURCH SUITS FOR WOMEN AND MEN<br />

Donna Vinci 1 Pc. Dress Set<br />

11691 Black/Purple<br />

Regular Price: $249.00<br />

Your Price $99.00<br />

Donna Vinci 2 Pc.<br />

Jacket & Skirt Set<br />

5658-N • Black/Print<br />

Special Price $179.00<br />

Skirt Suits • Dresses • Hats • Jackets • Mens & Boys Suits<br />

All Sizes in Stock - 4 Through 34W<br />

www.HeavenlySuits.com<br />

Page 18<br />

NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


Discover Top Dropshipping Suppliers<br />

of Original USA/EU Products<br />

Doba’s SPROCKET<br />

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Doba’s SPROCKET allows you to choose the best<br />

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Try the products yourself<br />

Order product samples right<br />

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Discover dropshipping suppliers<br />

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With 80% of our dropshipping suppliers<br />

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quick, reliable, and effortless.<br />

www.DobaDropship.com<br />

RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 19


LARGEST SELECTION OF CONSUMER PRODUCTS<br />

OVER 150,000 OF WHOLESALE ITEMS FOR YOUR STORE OR FLEA MARKET BOOTH<br />

AUTO • HOME • ELECTRONICS • SPORTS • TOYS • APPAREL • SHOES • HEALTH & BEAUTY<br />

4 inches 1080P<br />

HD 170° 3 Lens<br />

Car DVR Dash<br />

G-sensor<br />

Recorder<br />

+Rearview<br />

Cam<br />

$<br />

46.74<br />

Buy With Confidence<br />

59<br />

New Items Daily<br />

NO Minimums<br />

Digital<br />

Wireless Oven<br />

Thermometer<br />

Meat BBQ Grill<br />

Food Probe<br />

w/Timer Alarm<br />

$<br />

20.99<br />

C4 IPX4 TWS Bluetooth<br />

Earphones Fingerprint Touch<br />

Wireless Earbuds (Black)<br />

$<br />

8.19<br />

F9-12 Bluetooth Touch Earphones Power<br />

Display Waterproof Headset with Rope<br />

$<br />

14.69<br />

Digital Video Camera Full HD 1080P 32GB<br />

16x Zoom Camcorder DV Camera(Red)<br />

$<br />

38.84<br />

SWM-80B 1 DIN Car Radio Audio<br />

Copy Bluetooth<br />

TF USB AUX Locator Head Unit<br />

$<br />

29.67<br />

www.CartoonConcepts.com<br />

Want More Info? Circle #08 on page 11 • www.Vendor411.com<br />

Page 20<br />

NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


GROW YOUR SILVER JEWELRY BUSINESS<br />

by Leveraging The Manufacturing Capabilities of Guang Dong China<br />

Fashion Geometry Round 925<br />

Sterling Silver Hoop Earrings<br />

$11.31<br />

Casual Leaves 925 Sterling<br />

Silver Studs Earrings<br />

$ 1.72<br />

WHY CHOOSE US<br />

1. We are the #1 silver jewelry wholesale<br />

supplier from China.<br />

2. We sell only jewelry in solid 925 sterling silver,<br />

with or without gold/rhodium plating.<br />

3. You are purchasing from the source. Our<br />

clients are not only retail stores but also<br />

distributors and manufacturers.<br />

4. Start from Panyu Guangzhou, 1994, more than<br />

25 years’ silver jewelry supply/manufacture/<br />

wholesale experience.<br />

5. 100 new arrivals every week.<br />

6. 100% Satisfaction Guaranteed: 60 days no<br />

questions asked returns.<br />

Party Blue CZ Stars Twisted<br />

Sterling Silver Studs Earrings<br />

$2.54<br />

Dark Blue Flower CZ 925 Silver<br />

Enamel Pendant<br />

$ 10.53<br />

Fashion White CZ<br />

Twinkle Star 925<br />

Sterling Silver Studs<br />

Earrings<br />

$ 8.54<br />

Chinese Style Blue<br />

Cloisonne Enamel<br />

Flower 925 Silver<br />

Earrings<br />

$ 3.90<br />

Simple Starfish<br />

Five Stars 925<br />

Sterling Silver<br />

Necklace<br />

$ 5.60<br />

Fashion Blue<br />

Epoxy Stars<br />

925 Silver<br />

Wide Ring<br />

$ 7.03<br />

Simple Hollow Engraving<br />

Flower Heart 925 Sterling<br />

Silver Flower<br />

Adjustable Ring<br />

$ 2.99<br />

Fashion Nable Simple<br />

Adjustable Clouds<br />

925 Sterling Silver<br />

Ring<br />

$ 5.03<br />

Real Natural Blue<br />

Lapis Lazuili Heart<br />

Gift 925 Sterling<br />

Silver Ring<br />

$ 10.90<br />

Vintage Infinity<br />

925 Sterling<br />

Silver Love CZ<br />

Ring<br />

$ 6.65<br />

WE SHIP WORLDWIDE ~ ALL CREDIT CARDS ACCEPTED ~ DROPSHIPPING AVAILABLE ~ NO MINIMUMS<br />

www.BUNDJEWELRY.<br />

EWELRY.com<br />

RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 21


Start.<br />

Grow.<br />

Repair.<br />

Our specialty is helping small and<br />

mid-sized businesses achieve success.<br />

Contact us for free consultation.<br />

1-800-433-7002<br />

info@<strong>Forum</strong>BA.com • www.<strong>Forum</strong>BA.com<br />

Your Lingerie Source<br />

CORSET STYLE<br />

BRALETTE<br />

WITH PUSHUP<br />

HUGE SELECTION NO MINIMUM ORDER <br />

UNDERWIRE<br />

RETAILERS & VENDORS WELCOME<br />

$ 12.95 LACE HALTER CAMI<br />

LACE AND SATIN<br />

LINGERIE SET<br />

RED CHEMISE<br />

$ SALE<br />

13.47<br />

$ 9.99<br />

FLOWER LACY<br />

BABYDOLL WITH<br />

G STRING<br />

SALE<br />

$ 13.14<br />

LACE TRIM<br />

LINGERIE ROBE SET<br />

SALE<br />

$ 16.59<br />

CROTCHLESS<br />

LACE PANTY<br />

BRALETTE SET<br />

SALE<br />

$ 7.82<br />

USD<br />

LUXURIOUS BLUE SATIN AND LACE CHEMISE<br />

SALE $ 10.99<br />

ORDER WITH CONFIDENCE FLAT RATE SHIPPING ANYWHERE IN USA<br />

www.FlirtyWholesale.com<br />

Page 22 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

GREY SILVER FLOWER LACY BABYDOLL<br />

WITH G STRINGE<br />

SALE $ 13.14<br />

BLACK ANGEL CAMI<br />

AND SHORT SET<br />

SALE<br />

$ 16.59


BODYCANDY<br />

B O D Y J E W E L R Y ®<br />

SURGICAL STEEL REPLACEMENT BEADS WITH DESIGNS...$2.99<br />

EACH<br />

STERLING SILVER EAR STUDS...$8.75 EACH<br />

SPECIAL<br />

BULK DEAL 1<br />

STUD<br />

EARRINGS<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 23


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Page 24 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 25


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Page 26 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 27


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Page 28 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 29


FORUM WORKSHOP<br />

forumworkshop<br />

RETAIL<br />

Operating<br />

Your<br />

Operating Your<br />

RETAIL STORE<br />

STORE<br />

Continued from last issue...<br />

SETTING UP YOUR INVENTORY<br />

The most difficult part of setting up a computerized<br />

system is entering all the products you<br />

sell into that system. Even if you decide to use<br />

bar coding for product ID and price information,<br />

you or an employee must enter a price and<br />

description for every SKU (stock-keeping unit)<br />

in the store, as well as the number of each item<br />

you have on hand. It makes the most sense to<br />

set up this system when you take your first<br />

shipment of products. The person who enters<br />

this information should be one who’ll continue<br />

to work on the system. If you need to hire additional<br />

help, you want this done before opening<br />

day. If you have an employee do the bulk<br />

of this data entry, just make sure you or another<br />

family member learns the computer system<br />

and its operation. If not, you’ll face major<br />

headaches if that employee ever opts out of<br />

your retail dream for greener pastures.<br />

TRAINING YOUR PERSONNEL,<br />

INCLUDING YOURSELF<br />

Training should reflect each person’s responsibilities<br />

in the business. If you’re the entire staff,<br />

that’s easy – you’re responsible for everything<br />

and therefore must learn everything. Get out<br />

your trusty notebook and compile a detailed<br />

list of responsibilities related to the long-term<br />

and day-to-day operations of your business.<br />

Next, divide those responsibilities, based on the<br />

number of staffers and their respective<br />

strengths and interests. Compile another list of<br />

any areas where there’s a gap in knowledge.<br />

These should guide you in your self-education<br />

process or serve as the basis for the job descriptions<br />

of any outside help you need to hire.<br />

There will be more on developing job descriptions<br />

and hiring employees later. For now, suffice<br />

it to say that your checklist must provide<br />

you with time to find, interview, and hire any<br />

employees. The target hiring date should be at<br />

least 2 weeks before you’ll need their services.<br />

The want ads should appear in local newspapers<br />

at least 2 weeks before that. Allow time for<br />

interviews too. Remember to coordinate your<br />

hiring plans with any training programs you<br />

want prospective employees to participate.<br />

If your will be a “ma & pa” shop, take the time<br />

now to make sure Ma and Pa know everything<br />

they need to know about running the business.<br />

This may mean extensive self-education using<br />

how-to books, enrolling in a business seminar,<br />

or taking advantage of supplier-sponsored<br />

training programs. Learn all you can before<br />

you open your doors. Study time will prove<br />

more elusive once you’re in business.<br />

Page 30 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

YOUR YEARLY CALENDAR<br />

You can’t expect to make all your decisions before<br />

you open the door. A large part of retailing<br />

is responding to developments in the market<br />

and fine-tuning the business to address them.<br />

But you should, to the extent possible, draw up<br />

a yearly calendar for your activities.<br />

continued...


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 31


If you wait until those customers start coming<br />

in the store do to your planning, you’ll find it’s<br />

impossible to carve out the time. Just make sure<br />

that it provides you with some opportunities to<br />

review and plan.<br />

ADD YOUR ADVERTISING<br />

SCHEDULE TO THE CALENDAR<br />

Achieving the right promotional mix often involves<br />

a great deal of hit and miss. Take out<br />

your calendar and assign different modes of advertising<br />

to each month during the first 2 quarters.<br />

You may spend more on newspaper in<br />

May, and radio in June, for example, while retaining<br />

a mix of other media. Identify 4 major<br />

calendar events for major sales promotions,<br />

aside from your principal selling season, to<br />

serve as the basis for in-store sales. Identify 2<br />

forumworkshop<br />

FORUM WORKSHOP<br />

Page 32 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

weekends on opposite ends of the year for creating<br />

your own sales events. You may want to<br />

experiment with related products and services<br />

too. If so, assign these trial months as well.<br />

Add Regular Planning & Review<br />

Meetings To The Calendar<br />

➬<br />

Plan ahead for weekly, monthly, and<br />

quarterly meetings and reviews of<br />

all business activity at the store, including<br />

sales trends, customer profiles, buying<br />

patterns, and advertising impact. Assign a day<br />

for these beginning with the next week. For instance,<br />

schedule meetings for every Tuesday<br />

morning; the 3rd Tuesday of each month could<br />

be for a monthly review, while the 2nd Tuesday<br />

of the new quarter could be for evaluating the<br />

previous quarter.<br />

continued...<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 33


Add Every Staffer’s Responsibilities<br />

To The Calendar<br />

Then compile a list of all responsibilities that<br />

must be handled on a weekly and monthly<br />

basis: placing advertising, ordering new inventory,<br />

paying rent and utilities, etc. Assign each<br />

to the appropriate day of the week or month.<br />

If you’re computerized, it will be a big help in<br />

drawing up this calendar. But no matter how<br />

you prepare it, remember that it will grow as<br />

you learn more about running the store, and expand<br />

the scope of its operations.<br />

The value of having a business plan, a preopening<br />

checklist, and a yearly calendar is that,<br />

taken together, they define your responsibilities<br />

forumworkshop<br />

FORUM WORKSHOP<br />

and aspirations and allow you to measure how<br />

well reality compares with your vision behind<br />

the store. What you do with what’s written in<br />

these 3 documents determines your future as a<br />

retail entrepreneur. Carefully drafted and regularly<br />

scrutinized, they’ll provide you an ongoing<br />

guide to ensure your store, in practice, lives<br />

up to the ambitious plans behind it.<br />

SELECTING INVENTORY<br />

A store is known by what it sells as well as by<br />

who’s selling it. Once you decide what type of<br />

store you want to open,<br />

and where to pursue that<br />

dream, you get down to the<br />

nuts and bolts of acquiring<br />

the stock you’ll sell.<br />

continued...<br />

FREE TRIAL<br />

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Page 34 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 35


OFFICER’S COMPENSATION<br />

As the store owner and operator, the visionary<br />

behind this specialty store, selecting the right<br />

inventory mix is one of the most critical decisions<br />

you will make. A store is what it sells, and<br />

selection is what sets the specialty store apart<br />

from its competitors. Your decision to open the<br />

shop is based on the opportunities you see in<br />

the market, opportunities to give consumers a<br />

selection of merchandise, backed by service,<br />

not available anywhere else. The research that<br />

went into your decision to open this particular<br />

type of shop equips you alone with the insight<br />

to make the right decisions on selecting merchandise.<br />

Everything else about the business<br />

depends on what you decide will fill your<br />

store’s shelves. Retailing giants employ buyers<br />

forumworkshop<br />

FORUM WORKSHOP<br />

and product managers who take care of the selection<br />

and purchasing of products. As the<br />

owner operator of the specialty store, it’s your<br />

call, from start to finish.<br />

Selecting inventory is easy; selecting the right<br />

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continued...<br />

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NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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Page 38<br />

FORUM WORKSHOP<br />

forumworkshop<br />

It’s your responsibility to see and handle products<br />

before you sell them. Early on, trust your<br />

own judgement only, to separate the good from<br />

the bad, the cheap from the quality, for the selection<br />

that best defines your vision of your<br />

store.<br />

MAKE IT YOUR BUSINESS<br />

TO ATTEND TRADE SHOWS<br />

One of the best forums<br />

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at least once a year. There<br />

you’ll find everybody<br />

who pretends to be anybody<br />

in that business<br />

showing their wares.<br />

NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

Retail trade shows, and the many exhibits that<br />

fill their aisles, serve product suppliers in 2<br />

ways. They use their exhibits as showcases for<br />

products they already sell. They also take them<br />

as an opportunity to announce or introduce<br />

new products. Based on the reaction of retailers<br />

like you, and the amount of orders they receive,<br />

the suppliers decide which products actually<br />

make it to market.<br />

All retailers should try to attend at least one industry<br />

convention a year, especially during the<br />

planning and developing stages of their business.<br />

If you’ve doubts on which to attend, contact<br />

the appropriate trade group, publication,<br />

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show presents the ideal opportunity to get to<br />

know your suppliers and develop a sense of<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 39


forumworkshop<br />

FORUM WORKSHOP<br />

Apart from the cost of travel, hotel, and whatever<br />

other indulgences you pursue, the trade<br />

show provides a cost-effective way to see<br />

everyone and everything you need to under<br />

one roof. Spend the time wandering the aisles,<br />

browsing the exhibits, sampling new products,<br />

collecting literature, and making contacts. The<br />

education will prove invaluable when you’re<br />

back in the store, fine-tuning your strategy.<br />

ATTEND AS MANY DEALER<br />

MEETINGS AS YOU CAN<br />

In many industries the largest suppliers sponsor<br />

dealer meetings. Some hold national events,<br />

others host theirs on a regional or state-by-state<br />

basis, depending on the number of retailers in<br />

the area. Usually attending these events is by<br />

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like closed-door trade shows for the introduction<br />

of new products, to outline the marketing<br />

and promotional strategy behind them, and<br />

to get feedback from the dealer network about<br />

company products and policies. Like larger industry<br />

gatherings, these meetings give dealers<br />

the chance to get together with peers and exchange<br />

ideas, opinions, and perceptions about<br />

your retail market.<br />

IF NECESSARY, REQUEST<br />

IN-STORE DEMONSTRATIONS<br />

If you can’t attend these<br />

meetings, you can always<br />

request your sales contacts<br />

bring the manufacturer’s<br />

new products to you for an<br />

in-store demonstration.<br />

Most will eagerly accommodate<br />

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Page 40 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 41


FORUM WORKSHOP<br />

forumworkshop<br />

If you do opt for such a meeting, try to arrange<br />

it so that as many as possible of your store personnel<br />

can sit in on the demonstration. If you<br />

decide to stock the product, this demonstration<br />

will serve as sales training for the staff. The<br />

only difference between the store demonstration<br />

and the trade or dealer meetings is that<br />

you’ll see a more limited selection of product.<br />

There may also be more pressure on you to<br />

place an order at the close of the meeting. Always<br />

think things through before ordering<br />

product. There’s too much money you’ll be<br />

tying up with your decision to leave it to impulse.<br />

MAKE SURE YOU KNOW<br />

YOUR MARKET<br />

It’s critical for the future of your business that<br />

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Being on the front lines of retailing means<br />

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their business elsewhere.<br />

<br />

There’s another aspect to<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 43


forumworkshop<br />

FORUM WORKSHOP<br />

You need to develop a sense of what people<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 45


forumworkshop<br />

FORUM WORKSHOP<br />

Everyone wants a fair deal. How you and your<br />

customers define that may be entirely different.<br />

For the customer it may mean the lowest cost;<br />

for the retailer, a reasonable profit on the sale.<br />

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cash register, for a low-price, high-markup impulse<br />

sale. No matter what else<br />

<br />

you sell, a share of your customers<br />

will respond to the availability<br />

of food at the cash register.<br />

While that will certainly add to profits, it will<br />

be your greater benefit to concentrate on the accessory<br />

and impulse items that go with the<br />

mainstays of your specialty. Many retailers regard<br />

accessories as a key to profitability. In general,<br />

accessory items are not prone to price<br />

competition. They’re usually inexpensive<br />

enough to make it easy for the shopper to make<br />

the purchase, often on impulse. Comparatively<br />

inexpensive though these products may be, the<br />

profits from accessory sales quickly add up for<br />

the dealer. Deciding which accessory and impulse<br />

products to push depends entirely on<br />

your retail specialty. These are definitely products<br />

that shoppers expect to find in the small<br />

specialty store.<br />

When selecting products for your main product<br />

categories, and when reviewing them at trade<br />

shows, think in terms of the total experience of<br />

users of that product. Accessories typically add<br />

to buyers’ enjoyment of a product, allowing<br />

them to do more with it. continued...<br />

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Page 46 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 47


FORUM WORKSHOP<br />

forumworkshop<br />

Take your cue from specialty stores that depend<br />

on accessory sales. Consider camera<br />

stores, for instance. When selecting inventory,<br />

the camera store owner thinks in terms of the<br />

total photographic experience. The core business<br />

may be selling cameras, but that’s not<br />

where the profits are. The camera dealer makes<br />

as much, if not more, from the accessories he<br />

carries: bags, lenses, tripods, film, filters, howto<br />

books, picture frames, photo albums, film,<br />

and batteries. The camera dealer tries to stock<br />

everything and anything related to use of that<br />

camera.<br />

That’s what a good specialty store<br />

is: a one-stop shop for everything<br />

related to a particular category,<br />

product, interest or experience. In<br />

achieving that, you can never settle<br />

<br />

on a product mix. You need to constantly seek<br />

out the new products that will enhance the enjoyment<br />

and use of the main products you sell.<br />

Experiment. Regardless of the background<br />

you bring to the store, the first year in<br />

business serves as an education in your retail<br />

specialty. Learn from your suppliers and<br />

customers. Test new ideas, services, and<br />

products in your search for the mix that will<br />

distinguish your store from its competitors.<br />

Of course, the strategy you choose must offer<br />

financial rewards. In many retail categories it’s<br />

the other things you sell – the accessories & impulse<br />

items – that float the business. Cameras<br />

can be found just about anywhere. All stores<br />

carry at least a sampling of current models.<br />

continued...<br />

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Page 48 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 49


forumworkshop<br />

FORUM WORKSHOP<br />

But few of those same stores carry the accessories<br />

that promote total enjoyment and usage<br />

of that camera. People head to the specialty<br />

store for those extras.<br />

As the retail specialist, it’s these other things<br />

you offer, the extras that no one else stocks, that<br />

strengthen your presence in the market. The<br />

best specialty store is the shopper’s source and<br />

resource for everything she needs or needs to<br />

know about a class of product.<br />

Selecting inventory, then, is not a onetime<br />

deal, but an ongoing responsibility. If you do<br />

it well, develop your expertise, know every<br />

product from every supplier, stick with<br />

quality, and develop a selection that distinguishes<br />

your store, shoppers will respond.<br />

Page 50 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

YOUR PRE-OPENING CHECKLIST<br />

Use this work sheet as a guide for setting up<br />

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you must complete before you’re ready to<br />

open your doors. Enter a deadline for each and<br />

also the date that project is completed. Allow<br />

some flexibility in case you are unable to complete<br />

all projects by opening<br />

day. If necessary, you can<br />

open your doors on your<br />

target date, or push that day<br />

back, but hold your grand<br />

opening celebration later,<br />

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QUALITY RETAILERS • TRUST FORUM MAGAZINE • | NOVEMBER SERVICE <strong>2021</strong> Page 51


FORUM WORKSHOP<br />

forumworkshop<br />

TARGET OPENING DATE:<br />

Project • Target Date • Date Completed<br />

Occupy Space; Utilities Hookup; Store Design;<br />

Store Renovation; Install Security System; Purchase<br />

Fixtures & Displays; Purchase Office Furniture;<br />

Set Up Sales Office & Warehouse Space;<br />

Order Computer System; Design Logo; Order<br />

Signs & Stationery & Bags; Purchase Delivery<br />

Truck; Install Signs; Order Inventory: from suppliers<br />

X, Y, & Z; Staffing: Place Ad; Interviews;<br />

Hire for Office; Hire for Sales Floor; Hire for<br />

Stockroom; Employee Training; Computer<br />

Training; Ticket & Set Out Merchandise; Promotion:<br />

Send Store Opening Release; Print Ads;<br />

TV Ads; Radio Ads; Send Invitations for Opening;<br />

Follow-up Calls.<br />

BUILDING YOUR TEAM<br />

Until now, you’ve probably<br />

thought of your store as your<br />

own. The product of your imagination<br />

and ambition, it’s your<br />

ticket to a better and more rewarding<br />

life. But you’re not the only one who<br />

stands to gain from this endeavor. The store<br />

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hope it means opportunity for them, as well.<br />

Your plans to enter business breathe a little<br />

more vitality into the local economy. The<br />

money you spend starting up and then running<br />

your store will find its way into and around<br />

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Page 52 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 53


FORUM WORKSHOP<br />

forumworkshop<br />

➪<br />

That’s why, as an entrepreneur,<br />

the owner of the small<br />

business, you’ll become a valued<br />

and respected member of<br />

the community. The town fathers<br />

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for everyone whose products, services,<br />

and support help bring the dreams of your<br />

own store to life. You’re both the benefactor and<br />

beneficiary of these relationships.<br />

Page 54 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

When you think of it in those terms, there’s<br />

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future. Everyone you work with shares in your<br />

success or frustration, to some degree. All have<br />

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A career offers its own rewards, but it’s also a<br />

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and confidence, but they’ll also respect you for<br />

it. No matter what role they play, how minor<br />

their contributions, they demand the same respect<br />

from you.<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 55


forumworkshop<br />

FORUM WORKSHOP<br />

Building the team that will bring your store<br />

success begins with developing that sense of respect<br />

for others; for the individuals you deal<br />

with and for their contributions to your enterprise.<br />

THE TEAM EFFORT<br />

EVERY COMMERCIAL VENTURE<br />

AMOUNTS TO A TEAM EFFORT.<br />

Where would suppliers be without the store<br />

owner? Where would the retailer be without<br />

the newspaper that carries its advertising?<br />

What could your employees do without the opportunity<br />

to work in your store? Each of these<br />

contacts draws something from the business<br />

and contributes something to its successes.<br />

While assisting you, they progress toward their<br />

own personal goals.<br />

You’ll have the freedom to select some members<br />

of your team. Others, you’ll have no choice<br />

over: you’ll be forced to learn to get along with<br />

them. You won’t be able to hire the guy who<br />

makes deliveries from your suppliers, nor your<br />

sales contacts. You’ll need to develop a polite,<br />

professional relationship with these people, if<br />

nothing more. And you won’t get to choose<br />

your customers, either. They’ll choose you.<br />

Sure, you’ve an idea of who they are, in terms<br />

of interests, but you know nothing of their personalities.<br />

They could be gracious and demanding,<br />

and polite and rude,<br />

all in the same visit to<br />

your store. They’re team<br />

members too: essential<br />

ones who’ll carry your<br />

dreams to daylight.<br />

continued...<br />

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Page 56 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 57


FORUM WORKSHOP<br />

forumworkshop<br />

You’ll learn, if you don’t already know, that it’s<br />

much easier to get along with people than not<br />

to. A grudge gets heavy after a while. You<br />

won’t need the headaches. Running the store<br />

will present enough.<br />

SEEK EXPERIENCE FIRST<br />

That said, there are things you can do to ensure<br />

the team members you do choose are the most<br />

qualified for the jobs you want accomplished.<br />

When turning outside, for business counseling<br />

or to build store staff, always look first for<br />

someone with retail experience. It’s easier to instruct<br />

the attorney with a roster of store clients<br />

about the peculiarities of selling garden tools<br />

than it is to instruct the recent law school graduate<br />

on the special concerns of the store owner.<br />

So, no matter who you’re hiring or contracting<br />

<br />

with, seek someone<br />

who’s familiar with<br />

the industry you’re<br />

entering. That’s retailing.<br />

You may sell<br />

bicycles, you may<br />

sell shawls, but the<br />

industry is retailing.<br />

BE SURE TO CHECK REFERENCES<br />

And always, always, always check references.<br />

If the guy at your cash register lost his last store<br />

job for sticky fingers, you’re to blame when<br />

cash receipts start coming up short. It’s your<br />

mistake when the systems manager’s “extensive<br />

computer background” is as much as a<br />

video game endows, and the computer crashes,<br />

hourly.<br />

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Page 58 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 59


FORUM WORKSHOP<br />

forumworkshop<br />

You’re at fault when all you<br />

<br />

get from a $2,000 market research<br />

project is confirmation<br />

that people do buy clocks,<br />

not who’s doing the buying,<br />

what they want, or where they prefer to do<br />

their shopping. In the long run you’ll save time<br />

and money defining your needs and expectations,<br />

and probing the background of anyone<br />

you intend to employ. See work samples before<br />

making a decision. Forget checking personal<br />

references – we’ve all put in a good word for a<br />

friend. But pursue professional references:<br />

That’s the easiest way to make sure the person<br />

you’re considering, be it for a job or consultation,<br />

possesses the skills and experience that<br />

address your present need. If you can’t go that<br />

far to protect your interests, you alone are to<br />

blame if your team member disappoints.<br />

Your retail team operates in several spheres.<br />

There are those invisible members providing<br />

everyday services that keep the business running,<br />

a circle of professionals who remain in<br />

the background of the business. Rarely are<br />

these individuals “on staff”; you’ll contract for<br />

their services as needed. Then there are the visible<br />

people who actually work in the store.<br />

YOUR “BACK ROOM” STAFF<br />

In the course of setting up and then running<br />

your store, you’ll employ the services of a variety<br />

of skilled professionals who never actually<br />

join your staff. They work on contract or by the<br />

project in the background, in the back room, so<br />

to speak. Invisible to the public, they’ll play an<br />

active role in guiding you to the right business<br />

decisions.<br />

continued...<br />

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Page 60 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

$<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 61


FORUM WORKSHOP<br />

forumworkshop<br />

<br />

When and whether you need<br />

their assistance is your call. If<br />

you’re an avid reader and a<br />

quick study, you may get by<br />

without their help. Be aware of<br />

your limitations, however. A lot of what the<br />

people in your “back room” bring to your concept<br />

is the insight gained only through experience.<br />

They know their respective businesses as<br />

they relate to your business. They’re the experts<br />

in their fields. Your strengths and opportunity<br />

spring from specialization. Anyone who understands<br />

the merits of specialization should understand<br />

the good sense it makes to hire other<br />

specialists when their help is needed.<br />

Every professional has its own language, and<br />

professionals respond best to those who talk in<br />

their terms. You’ll get more from providers of<br />

professional services if you invest some time<br />

learning to speak their language. Know what a<br />

clause is before presenting your lawyer with a<br />

contract, for example. All you need do is spend<br />

some time with a business or legal guidebook<br />

before your consultations. When you’re being<br />

billed for a professional’s service by the hour,<br />

you don’t need to pay for a basic education you<br />

could have gotten on your own.<br />

YOU’LL NEED SOME<br />

LEGAL ASSISTANCE<br />

TALK THE TALK EVEN IF YOU<br />

CAN’T WALK THE WALK<br />

Your attorney may prove one of the most expensive<br />

team members but could save you the<br />

most money in the long run. continued...<br />

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STRETCH LACE CHOKER STYLE DRESS<br />

Page 62 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

$<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 63


FORUM WORKSHOP<br />

forumworkshop<br />

No matter where you live, an attorney’s services<br />

may seem excessively expensive. But<br />

when questions of legality or liability are<br />

raised, the expense is an investment in your<br />

protection. Some entrepreneurs turn to an attorney<br />

only as a last resort, when threatened<br />

with legal action or sued for damages. Others<br />

seek advice early on, consulting with a lawyer<br />

about every legal consideration that goes with<br />

starting a business. It makes good business<br />

sense to consult with an attorney (or her paralegal<br />

assistant) whenever you question your<br />

own judgment of the law.<br />

Unless you’ve a legal background<br />

yourself, it’s wise to have an attorney<br />

review any contract you’re<br />

considering signing. A legal professional<br />

can help you through the<br />

<br />

entire development process, aiding with everything<br />

from making sure your store’s name &<br />

logo won’t infringe on any trademark, to handling<br />

the necessary paperwork to establish<br />

your business structure. And if you ever get<br />

sued, it’s best to get guidance from someone<br />

with whom you’ve already established a professional<br />

relationship.<br />

Once you decide you need an attorney, locating<br />

one is a relatively simple procedure. But finding<br />

the right one to represent your store takes a<br />

little work. First, request leads from friends,<br />

business acquaintances, and local retailers.<br />

REMEMBER: YOUR FIRST CHOICE IS<br />

AN ATTORNEY WHO SPECIALIZES IN<br />

BUSINESS AND CORPORATE LAW,<br />

WHO HAS RETAILER CLIENTS.<br />

continued...<br />

Page 64 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 65


FORUM WORKSHOP<br />

forumworkshop<br />

Ask each candidate how long she has been<br />

practicing law, what her hourly fees are, & how<br />

they’re applied. It’s usually to your benefit to<br />

take your business to the attorney who has the<br />

most experience. The older attorney, with years<br />

of practice, can provide more valuable advice<br />

than an attorney with a year or two of experience.<br />

Insight follows experience; the more one<br />

has, the more one can offer.<br />

YOU’LL NEED HELP<br />

WITH THE BOOKS<br />

Unless you’re planning to add<br />

an accountant to your permanent<br />

staff, you’ll need to contract<br />

for the service of one, at the<br />

very least to help prepare your<br />

tax returns. As with the lawyer,<br />

hiring an accountant will likely<br />

numbers<br />

save you money in the long run. Especially<br />

since accountants usually charge less than<br />

lawyers for their services and they have a<br />

greater direct influence on your finances.<br />

How involved you want your accountant to<br />

be in your business depends on how much of<br />

the bookkeeping you want to keep in-house.<br />

Some retailers turn all their financial records<br />

and the year’s receipts over to their accountants<br />

at tax time. Others invite the accountants in<br />

monthly for regular updates of the books and<br />

an evaluation of the store’s financial health. A<br />

good accountant can spot the early signs of<br />

trouble or opportunity. She can function as<br />

your financial conscience, prodding you to<br />

make the right strategic response to what the<br />

say.<br />

continued...<br />

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Page 66 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 67


forumworkshop<br />

FORUM WORKSHOP<br />

WHEN IT COMES<br />

TAX TIME, A GOOD<br />

ACCOUNTANT CAN<br />

PROVE PROTECTOR<br />

OF YOUR PERSONAL<br />

FORTUNE.<br />

<br />

Here again, you’re looking for a professional<br />

with a retail background first, and general business<br />

background second. Ask other retailers<br />

who they use. Any retailer’s recommendations<br />

should be your first choice and your preference.<br />

Call each candidate and again ask about<br />

her specialty, years of experience, and rates.<br />

Ask what computer software she uses, and if<br />

she can recommend a bookkeeping or accounting<br />

program. This is important because within<br />

a few years, every retail business should be<br />

fully automated. The savvy accountants are already<br />

there; it makes them work smarter and<br />

their job easier. Explain your store and its projected<br />

sales volume. Inquire about how the accountant<br />

prefers to handle business, and what<br />

kind of reports she’ll be able to provide. Finally<br />

inquire about any special tax considerations<br />

you should make when setting up your business.<br />

The thoroughness of the response should<br />

separate the accountant you want handling<br />

your finances from the rest of the pack.<br />

During your first year, expect to rely on your<br />

accountant more than at any other time in your<br />

store’s future. There are 2 reasons for this. First,<br />

you want your accountant to help compile your<br />

numbers, set up your budget and record-keeping<br />

system, help make sales projections, and<br />

then interpret your numbers so you know<br />

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Page 68 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 69


FORUM WORKSHOP<br />

forumworkshop<br />

✐<br />

At the very least, you should<br />

have the accountant in every<br />

quarter this first year, if not<br />

every month, for a financial<br />

assessment of your progress.<br />

Throughout this first year, consider the accountant<br />

your personal professor of finance.<br />

Learn as much as you can from him on every<br />

aspect of your store’s finances, from how to<br />

track profits and losses, and respond to these<br />

trends, to knowing when you’re extending too<br />

much credit to your customers. The education<br />

will help you manage the store’s finances in<br />

years to come, but you’ll always want your accountant’s<br />

help come tax time.<br />

YOU’LL NEED A BANKER,<br />

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The banker is a professional you must<br />

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While bankers work for their lending institutions<br />

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to the extent the institution’s own<br />

interests will be served. Banks are in the business<br />

of making money through effective money<br />

management. The banker with whom you establish<br />

some sort of personal relationship will<br />

work harder to help you. Friends – professional<br />

and personal – always get the extra effort.<br />

Think of your banker as the pinch hitter who<br />

sits on the bench for most of the game, but is<br />

ready when needed. You need to think and<br />

plan ahead. That means cultivating a relationship<br />

now, so that your banker’s lending power<br />

will be available to you when it’s required to<br />

expand your business.<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 71


FORUM WORKSHOP<br />

forumworkshop<br />

You’re establishing a relationship with a banker<br />

now so later in your game, when your strategy<br />

requires more funding, you’ll have someone<br />

you can count on for help.<br />

You actually start that process when you apply<br />

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institutions will gamble on a start-up business<br />

without some sort of personal guarantee or collateral.<br />

But even if it’s actually you, not the<br />

business, who’s borrowing the money, that first<br />

loan application is an important part of your<br />

long-term strategy. It’s where the banker first<br />

gets to know you and what your business is<br />

about. You’re making an impression, one you<br />

should build on as your business grows. Open<br />

your business accounts at that bank, and keep<br />

a dialogue going with your banker. Use polite<br />

conversation as an opportunity to keep your<br />

banker posted on your store’s progress. You’ll<br />

realize the benefits of this subtle approach later<br />

when you sit down to discuss funding needs.<br />

YOU MAY NEED TO HIRE<br />

CONSULTANTS<br />

An attorney, accountant, and<br />

banker are the 3 professionals<br />

every store owner needs in<br />

his or her corner at some<br />

point in the history of the<br />

store. Depending on your<br />

goals, budget, and scheduling, there are many<br />

other types of professionals you may need to<br />

employ. Most of these, like you, want to make<br />

their own way through the world. They hire<br />

themselves out for projects in areas in which<br />

they’ve developed an expertise.<br />

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Page 72 NOVEMBER <strong>2021</strong> |<br />

RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 73


forumworkshop<br />

FORUM WORKSHOP<br />

Many of these people call themselves consultants,<br />

a title bandied about a little too much<br />

these days. Some unscrupulous individuals use<br />

it as a ruse to get money for services in which<br />

they possess no special skills. That’s why it’s<br />

especially important for you to do a background<br />

and reference check, and review completed<br />

projects, before contracting the help of<br />

any self-described consultant.<br />

That said, the professionals with valued services<br />

to offer during one phase of your business<br />

range from retail architects to advertising copywriters.<br />

If your budget allows, you may also<br />

contract the services of a researcher while investigating<br />

your market; an<br />

s<br />

artist to design your logo and<br />

marquee; or a store designer<br />

for help with your floor plan.<br />

Consider your insurance broker as much a consultant<br />

as a member of your back room staff.<br />

Before you open your doors, you’ll need to consult<br />

with the broker to determine what type of<br />

insurance you need to protect your business interests.<br />

Throughout the year you’ll continue to<br />

consult with him whenever there are claims, or<br />

when you make changes in your store that require<br />

a change in coverage. Every year you’ll<br />

seek the broker’s help in working up a new insurance<br />

package and submitting it for bids<br />

from insurers. Although you may only be in<br />

contact with your insurance broker a few times<br />

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him for years to come.<br />

DEAL WITH EVERY CONSULTANT AS<br />

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Page 74 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 75


FORUM WORKSHOP<br />

forumworkshop<br />

<br />

Be as specific as possible<br />

when outlining your needs.<br />

Expect a detailed project<br />

proposal defining the project,<br />

what it will cost, and<br />

when it will be completed.<br />

When seeking these individuals, request recommendations<br />

from other retailers first. Get<br />

the names of references, and ask each about his<br />

or her satisfaction with the service before you<br />

make any commitment to the consultant. Consultants<br />

charge by the hour or project, and<br />

don’t come cheap. No one but you can make<br />

sure you’re getting what you expect for your<br />

money.<br />

YOU’LL NEED TO WORK<br />

WITH SALESPEOPLE<br />

Page 76 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

You’ll be doing the calling on most of the outside<br />

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Pleasing you is their only advantage. There’s<br />

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will help you realize the full benefits of<br />

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your insurance needs, for example.<br />

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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 77


FORUM WORKSHOP<br />

forumworkshop<br />

The house broker, working for one underwriter,<br />

can only offer you as good an insurance package<br />

as the company provides. The independent<br />

agent, on the other hand, can shop around for<br />

you, vendor to vendor, and put together a<br />

package that’s best for your business. You need<br />

to take this into account when deciding whom<br />

whom to entrust with your business. The salesperson<br />

who can do the best job for you is always<br />

the one with the most options.<br />

STAFFING YOUR STORE<br />

The team members discussed until now contribute<br />

to your success, but remain forever in<br />

the background. The comparatively few players<br />

visible to the buying public – the store staff<br />

– directly shape perceptions about your store,<br />

what it sells, and the service it offers. A strong<br />

staff has members who complement one another.<br />

A good staff can provide critical support<br />

to you. They can share and assume responsibilities<br />

to allow you to concentrate on managing<br />

the business. Hiring staff is a strategic process;<br />

the wrong person can easily upset the balance<br />

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❅That’s why determining your<br />

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shop, your staffing decisions<br />

are already made. But there<br />

does come a time when every retailer needs<br />

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Page 78 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 79


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Page 80 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 81<br />

Want More Info? Circle #68 on page 11 • www.Vendor411.com


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 83


The Complete Guide to Making Money at Auctions!<br />

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Page 84 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 85


Page 86 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 87


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Page 88<br />

Page 88 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


Trade<br />

MaGaZINeS<br />

Trade Magazines<br />

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Closeout News/<br />

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Page 89 89<br />

RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 89


USA Closeout Directory<br />

Now, more than ever, it is essential for the success of your merchandising business to buy<br />

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1-800-635-7654<br />

Page 90<br />

Page 90 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE<br />

Business Directories


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Business Directories<br />

Hobby & Craft<br />

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www.bizbooks.org<br />

Page 91<br />

RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 91


Wholesale Gift Guide<br />

A Great resource to locate higher end<br />

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Annual Guide to the<br />

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Here is an incredible Directory that<br />

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USA Mail Order Catalogs<br />

New for this year is a compilation of BOTH<br />

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Order No. 159237-156-6 1,900 pages $450.00<br />

BUCKS FOR BLING<br />

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Makers Directory<br />

Up-to-date and easy-to-use directory<br />

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If you are considering your own line<br />

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Accessories<br />

Sourcing Directory<br />

The comprehensive directory provides<br />

you with direct sources for the designing<br />

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hats, shoes, gloves. You will find the top<br />

companies to help you produce your merchandise<br />

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Order No. 121 $150.00<br />

Order No. 122 $100.00<br />

1-800-635-7654 Page 92<br />

Business Directories


APPAREL<br />

BUSINESS DIRECTORIES<br />

Fabrics, Services, Trims<br />

This up-to-date directory solves your<br />

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A complete and updated guide listing<br />

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Order No. 0971486735 $135.00<br />

Apparel Contractors (USA Edition)<br />

1-800-635-7654 Page 93<br />

Directory of Brand Name Apparel<br />

Manufacturers<br />

Updated and easy-to-use directory<br />

listing brand-name label manufacturers<br />

and importers in the women’s,<br />

men’s, children’s and accessory markets.<br />

Developed and targeted for store<br />

and catalog buyers to shop the apparel<br />

and accessory markets easily, there are<br />

over 2,800 brand name labels listed,<br />

broken down by types of apparel classifications.<br />

If you are looking for the<br />

SOURCES for brand name goods,<br />

this directory is for you.<br />

Order No. 0971486751 $135.00<br />

RN & WPL Encyclopedia<br />

A comprehensive listing of every Registered<br />

Number and Wool Product Label<br />

ever issued by the Federal Trade Commission<br />

to identify all sorts of goods imported,<br />

manufactured and/ or sold in the U.S. Over<br />

126,500 records including contact information<br />

for more than 31,500 manufacturers,<br />

importers and wholesalers of apparel<br />

and textile goods. Listings include where<br />

available: RN or WPL number, contact<br />

names & titles, street addresses, phone &<br />

fax numbers, website & e-mail addresses,<br />

type of business and product information.<br />

Order No. RN8. Directory $285<br />

Order No. RN8C Directory/CD Combo $475<br />

The Small Design Company's Guide to<br />

Wholesale Fabrics & Trims<br />

Upj-to-date guide created specifically for the smaller design houses and home sewing<br />

businesses. Directory lists fabric and trim companies that will sell to businesses that<br />

require 0 to 500 yards as a production order. Book lists low-minimum and in-stock<br />

fabric suppliers and all their contact information.<br />

Order No. A-106 $65.00<br />

Apparel Business Directories<br />

RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 93


FORUM PUBLISHING CO.<br />

383 E. Main St. Centerport, N.Y. 11721<br />

T: 631-754-5000<br />

F: 631-754-0630<br />

E: <strong>Forum</strong>Publishing@aol.com<br />

Credit Card ORDERS: 800/635-7654<br />

FAX ORDERS: 631/754-0630<br />

INQUIRIES: 631/754-5000<br />

Website: www.bizbooks.org<br />

Order by phone<br />

1-800-635-7654<br />

You’ll save time ordering by phone instead<br />

of mail. Speak with our knowledgeable<br />

salespeople who will assist<br />

you in placing your credit card order. If<br />

you have questions about our products,<br />

call Customer Service: (631)754-5000<br />

Mon-Fri 10am-5pm EST.<br />

Your Name and Address<br />

Order by mail<br />

Please complete all information so we<br />

can fill your order promptly. We gladly<br />

accept checks, money orders and<br />

major credit cards. If charging from<br />

your credit card, please SIgn the order<br />

form where indicated and supply<br />

your complete number and expiration<br />

date. Sorry we do not accept C.O.D<br />

or stamps. Checks must clear bank<br />

before orders can be shipped.<br />

Order by Fax<br />

631-754-0630<br />

When charging purchases to your<br />

credit card, it is easy to send us your<br />

completed order form via Fax<br />

Delivery Information<br />

Books and cassette programs will be<br />

shipped within 1-5 working days.<br />

Allow 6-8 weeks for magazine subscriptions<br />

Order Online<br />

www.bizbooks.org<br />

We download orders hourly and<br />

process within 24 hours.<br />

Sales Policy<br />

Books and Cassette programs are<br />

sold as information only and are<br />

guaranteed as represented in this<br />

catalog. All items in this catalog<br />

are sold on a non-refundable basis.<br />

NAME _________________________________________________________________________________________________<br />

ADDRESS_________________________________________________________________________________________________<br />

CITY_______________________________________________________________STATE<br />

ZIP<br />

PHONE NUMBER (_______) ______________________________ EMAIL ___________________________________________<br />

What Books Would You Like?<br />

PG QTY NUMBER TITLE PRICE<br />

SHIPPING<br />

CHARGES<br />

ALL ORDERS ADD $7.00 1st BOOK<br />

$4.00 EA. ADD’L BOOK<br />

CANADIAN $4.00 EA. SHIPMENTS: ADD’L $11.00 BOOK 1st BOOK<br />

$ 8.00 EACH ADDITIONAL<br />

Orders for SAMPLE COPIES of magazines:<br />

OUTSIDE OF USA: ORDERS CAN BE SHIPPED USING YOUR FEDEX<br />

DO NOT OR UPS ACCOUNT add shipping NUMBER ONLY charges<br />

Payment Information Goes Here<br />

CANADIAN SHIPMENTS:<br />

$11.00 1st BOOK • $8.00 EACH ADD’L<br />

OUTSIDE OF USA:<br />

ORDERS CAN BE SHIPPED USING YOUR<br />

FEDEX OR UPS ACCOUNT NUMBER ONLY<br />

SUBTOTAL<br />

NYS SALES TAX<br />

SHIPPING<br />

TOTAL<br />

CHECK MONEY ORDER AMEX MASTERCARD VISA DISCOVER<br />

ACCOUNT NUMBER<br />

SIGNATURE X ________________________________________________________<br />

EXPIRATION DATE<br />

ALL BOOKS ARE SOLD AS INFORMATION<br />

ONLY ON NON-REFUNDABLE BASIS<br />

1-800-635-7654 39<br />

Order Form<br />

Page 94<br />

Page 94 NOVEMBER <strong>2021</strong> | RETAILERS FORUM MAGAZINE


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RETAILERS FORUM MAGAZINE | NOVEMBER <strong>2021</strong> Page 95


NOVEMBER <strong>2021</strong><br />

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