Beauty Store Business

MAR 2017

Beauty Store Business provides solutions for better retailing! New products, industry news, savvy business moves and important trends affecting both brick-and-mortar and online retailers are included in each issue.

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48 March 2017 | beautystorebusiness.com Dave and Les Jacobs, gettyimages.com Inventory is a complex monster that needs constant taming. Master the beast with our experts' winning tips for keeping your inventory healthy and profi table. by Katie OÕReilly I nventory. It's not as simple as restocking the shelves when they're low—or worse—empty. Mastering the perfect equation of how much or how little inventory to keep in your store is a highly individualized skill and requires constant monitoring. Maria Rush, vice president of business development at Beauty Collection, an upscale chain of beauty stores in Southern California, explains that even though the chain uses software to track its inventory, she and her staff "analyze our inventory constantly." Not something to be ignored, inventory issues can quickly get out of hand.

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