As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...
Independently, radio frequency identification (RFID) and artificial intelligence (AI) are powerful technologies for retail. When paired together, though, these solutions can deliver even more value.
Nordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for decades. Here’s why.
Several major retailers in the U.S. use a century-old accounting practice known as “the retail inventory method,” which relies on retail prices to estimate inventory, even though it fails to take full ...
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