With seasonal shifts in customer demand and evolving product trends, spring is the perfect time to refresh your store and optimize...
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About the Author
Alix Fraser
Alix Fraser is a Product Content Specialist at Lightspeed. Alix delights in finding ways to deliver actionable insights to retailers and restaurateurs. When not cooking up data-driven blogs with valuable tricks and tips, Alix is on the hunt for new ways Lightspeed can help entrepreneurs bring their cities to life.
More from this author
Alix Fraser is a Product Content Specialist at Lightspeed. Alix delights in finding ways to deliver actionable insights to retailers and restaurateurs. When not cooking up data-driven blogs with valuable tricks and tips, Alix is on the hunt for new ways Lightspeed can help entrepreneurs bring their cities to life.
Running a growing business across multiple locations means keeping operations smooth and efficient. Fulfilling orders quickly, maintaining...
- by Alix Fraser
The vape and CBD industry is booming, with the global e-cigarette and vape market projected to reach a staggering $1.12 trillion by...
- by Alix Fraser
As a retailer, your inventory is the heart of your business. When your stock is stagnant, business is stagnant—but when you’re...
- by Alix Fraser
Cycle stock, the portion of your stock set aside specifically to meet regular demand during a defined period, is a key part of managing...
- by Alix Fraser
Buy now, pay later (shortened to BNPL) provides customers with an alternative way to pay in-store and online. BNPL services quickly...
- by Alix Fraser
Ever feel like your warehouse is turning into a graveyard for unsold products? As a savvy retailer, you know that stagnant inventory...
- by Alix Fraser
Countless hours counting stock, struggling with inaccurate spreadsheets, constantly worrying about stockouts… at one point or another,...
- by Alix Fraser
The Canadian government has announced a GST/HST holiday, a temporary tax break designed to support consumers and stimulate spending....
- by Alix Fraser
What are stockouts and why are they the bane of every retailer’s existence? These empty-shelf nightmares can lead to lost sales,...
- by Alix Fraser
In Lightspeed’s 2024 State of Retail report, we take a look into the preferences of different age groups, like Generation Z shopping...
- by Alix Fraser
How does your choice between FIFO vs. LIFO impact your business’s financial health? Inventory valuation is more than just an accounting...
- by Alix Fraser
Inventory management is the process of controlling and overseeing stock—raw materials, finished products and everything in between.If...
- by Alix Fraser
Efficient warehouse stock management, guided by the right warehouse efficiency tips, can make or break your business. Without it, you...
- by Alix Fraser
Having too much stock on hand is a financial burden on your retail business. Slow sales means less ability to cycle in newer inventory...
- by Alix Fraser
Understanding the marketplace and effectively positioning your business requires a detailed grasp of the competitive landscape. That...
- by Alix Fraser
In 2014, Lisa Bobb was an IT Director, having worked for giants like Coca-Cola for twenty years. In 2024, she’s running one of the...
- by Alix Fraser
Late grocery magnate Joe Coulombe wasn’t always Trader Joe. Before launching Trader Joe’s in 1967, Joe Coulombe led Pronto Markets,...
- by Alix Fraser
Dealing with dead stock can be a daunting issue for any retail business, posing significant financial burdens and logistical headaches....
- by Alix Fraser
Picture this: you’re out shopping, and you have time for one more stop. There are two stores in front of you. One hasn’t put much...
- by Alix Fraser
It’s a Saturday, and a would-be customer has a long shopping list. They need some groceries, new boots, a gift for their mother and...
- by Alix Fraser
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