Archives for February 2013

Retail Pulse: Valentine’s Day Results

This Retail Pulse survey for Valentine’s Day looked at shopping trends in Hampton Roads, where consumers shop, and they’re willingness to participate in Valentine’s Day purchases. Valentine’s Day sales this year are estimated to contribute around $18.6 billion to the economy, according to the National Retail Federation (NRF) a 5.7 percent increase from Valentine’s Day… [Read More]

Valentine’s Day Sales Reap Benefits Overall but Jewelry Sales Fall Flat: Retail Alliance survey

Norfolk, Va. – Retail Alliance’s Retail Pulse survey for Valentine’s Day looked at shopping trends in Hampton Roads, where consumers shopped, and their willingness to participate in Valentine’s Day purchases. According to the National Retail Federation (NRF), Valentine’s Day is estimated to contribute around $18.6 billion to the economy, a 5.7 percent increase from Valentine’s… [Read More]

What metrics do you need to track?

By Mark E. Gottfried, MBA CPA CGMA “Business Owners that tracked business metrics at least once per month earned 60% more and were 80% larger” Source: State of The Business Owner 2011survey by EMyth & Synotec. http://www.stateoftheowner.com/ So, what metrics do you need to track? After more than 30 years of working with and studying… [Read More]

On-Board Interview with Dan Ryan, Dan Ryan’s for Men (Virginia Beach)

Thanks to Margie Johnson, I was asked to serve on the Board of Directors of Retail Alliance. I have served on the Board for 10 years, with my time coming to an end in February. I have served on various committees including membership, charitable contributions, investment, and nominating committees. It has been a very rewarding… [Read More]

Quirks of Art

Quirks of Art (formerly known as Kinks, Quirks & Caffeine) has been a local favorite for over 15 years. Customers have described it as a ‘one-of-a-kind shopping experience’ and as ‘taking a delightful mini-vacation’. “I’ve been asked many times about my buying strategy,” says owner Jennifer Raines, “and there really is no strategy, other than… [Read More]

Issues at the General Assembly Session

The General Assembly is currently in session, and your Virginia Retail Federation advocacy team is working hard to make sure your legislators hear your voices. As the session progresses, we will continue to monitor all legislation that could potentially impact you. You will receive weekly email updates on what has occurred thus far during session,… [Read More]

The Big Fix: The Retail Angle on Transportation

The Governor’s new transportation proposal has become THE hot topic in this year’s General Assembly. Is this proposal a Band-Aid solution or will it cure the transportation crisis? The governor is proposing several changes as it relates to funding transportation: Eliminating the current 17.5 fuel tax per gallon. Increasing the sales tax by .08 cents… [Read More]

Lease Negotiations

Negotiating a lease is one of the most important and stressful negotiations for a tenant. There are many provisions in a lease that may have long-term implications for the tenant, both monetary and nonmonetary. When negotiating a lease, three important provisions to consider and negotiate, based upon your landlord and your business, are personal guarantees,… [Read More]

Sadielin Antiques & Collectibles

Based in Portsmouth, Sadielin Antiques is run by Linda Saunders, a brave, smart, sincere woman. Brave to try something new after retiring from a career of nursing. Smart to be able to learn the retail industry and successfully running her own business for over two years. And sincere in her dedication to the people that… [Read More]