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Technology Talk

Storis
Every other month, STORIS shares insights gleaned from its 25 years focused on retail software solutions to make your business tick – for the better. STORIS is a leading provider of retail software solutions to the home furnishings industry. STORIS offers a comprehensive suite of business solutions to help retailers streamline operations, improve profitability and outperform their competition. Contact STORIS at sales@storis.com or by visiting its website at www.storis.com.
  • New Year, New Tech

    When using business software, it’s easy to get comfortable with the familiarity of a routine. Sometimes we don’t even stop to think, “When was the last time I updated my software with new enhancements?” How long it’s been may surprise you. While the ease of the familiar may seem great, what you’re missing by not having an updated software system can be holding back your business. Here are five reasons why a software platform that regularly innovates is an advantage. Enhanced Functionality The obvious reason to get excited about upgrades is new features. STORIS has recently ... Read More
  • Four Ways to Win the e-Commerce Game

    Retailers know their website is the first point of engagement for prospective customers to experience their brand. And for savvy store owners, that engagement can result in a boost in sales. In fact, Business Insider estimates that “one-fourth of all furniture purchases will take place online this year.” Because a strong web presence is vital, it’s important that retailers execute a successful web strategy that not only builds interest in their brand, but also stokes sales. Here are four tips for running a website that drives traffic both online and to your brick-and-mortar stores: Create a Knock-Out Homepage Your ... Read More
  • Dispelling Technology Myths

    Many retailers know technology can help their businesses prosper, yet tech myths continue to hold them back. These misunderstandings can relate to many types of technology, from retail software to an e-commerce website. Retailers who empower themselves with tech knowledge can propel their businesses forward. Let’s dispel a few of the most common technology myths. • Using outdated technology won’t negatively affect my business. This myth goes along with the old saying, “If it ain’t broke, don’t fix it.” Maybe you’ll be lucky, and the implications won’t be significant. However, if retailers know that their ... Read More
  • Better Back-up

    While the technology that runs your business is important, you might be surprised to know it’s only half the consideration when choosing a software provider. Businesses often overlook the services that go along with the software. As part of a strong technology partnership, a committed services team can demonstrate best practices and guide clients to achieve results. One of the crucial services to consider is a technical support team. Part of learning and growing with a technology system is ongoing support for how to use your system to its fullest. At STORIS, we provide a dedicated support team based ... Read More
  • 5 ways to manage inventory

    Maintaining control over your inventory impacts critical aspects of your business from profit margins to customer satisfaction. In a competitive retail environment, inventory management can make or break a business. There are many advanced inventory management strategies and tactics that work for different business models. However, after almost three decades of helping some of the nation’s leading furniture retailers manage their inventory, we know it all starts with a strong foundation. Set your team’s standard. Motivate your team to practice good organizational habits by leading by example. Always keep your warehouse and showrooms organized, and show an attention ... Read More
  • Tap into trends

    As one of the busiest times of the year for casual retailers approaches, it is a prime time to evaluate rising consumer trends. The retail environment is rapidly changing as technology and communications shape the way consumers relate to their favorite brands. Last year, the casual industry had an incredibly strong performance, with 4.5% annual growth reaching almost $7 billion (see Casual Living’s Universe Study, November 2015). At Storis, we believe there are some steps retailers can take to help continue this pace of growth. Here are five key trends that are impacting the furniture retail market and ... Read More
  • Setting Goals

    By Caitlin Jascewsky, Marketing Communications Coordinator, STORIS This is the time of year that people evaluate what opportunities to chase, changes to make and goals to set. While everyone is doing this on a personal level, it is also a time to reflect on what success means for your business in 2016. With new year’s goals in mind, here are some questions to help evaluate the state of your business. Am I on track to meet consumer demand? We are a software company, so it is obvious we are on board the technology train. There is no denying that ... Read More
  • Manage software conversion to be a win for your store

    Every day retailers find themselves completing tedious tasks they know should take less time. When serving customers, they regret that the processes aren’t smoother; as the end of the month approaches, they may think the numbers seem a little off but aren’t sure how to figure it out; and finishing yearly physical counts, they realize inventory has gotten out of control. Situations such as these are happening each day, and, while retailers know solutions are out there that can correct these issues, year after year no changes are made. The reason we hear far too often at STORIS ... Read More
  • An efficient furniture store

    Imagine what running a business was like before technology. Tedious, disorganized, time consuming … how did people do it? While retail software solutions have been around for decades, it is surprising the number of furniture retailers that still complete processes the old-fashioned way. A strong retail software solution is one that makes a business owner’s life easier, staff more productive, customers more satisfied and overall retail operations more successful. To sum it up, retail software delivers efficiency. This should come as no surprise; technology makes our everyday lives more convenient. What you may not realize is just how many ways ... Read More
  • Figuring Your Technology ROI

    The right software isn’t an expense; it’s an investment You’re tired of manually updating your records, trying to remember where that piece of inventory is stored, and sifting through the stacks of paperwork taking up valuable space. You’re wondering just how well your business performed over the past year but not enough to justify the hours it would take to find the numbers, much less crunch them. Even worse, you’re using your technology – the same exact technology that hasn’t changed AT ALL in five years. So why haven’t you made a change? The ... Read More
  • When Art Meets Science: The Power of Big Data in Retail

    Customers come into your store and instantly gravitate toward the latest patio collection. The attention this display is getting validates that the merchandise is on trend, yet no one is purchasing from this collection. Last year a similar line caused a peak in sales. So what’s going on? Many things could be at play. Is there a problem with customers trusting this vendor? Maybe the weather is colder than this time last year? Are similar lines eligible for a marketing promotion? The real question is “How can you make strategic decisions for the success of your store?” The answer ... Read More
  • Keep up with tech-savvy consumer expectations

    In 2015, the Millennial generation (ages 18 to 34) is projected to be the nation’s largest living generation, exceeding the Baby Boomer generation (ages 51 to 69) by close to half a million (U.S. Census Bureau). This equates to a larger share of consumption by Millennials; their purchasing power will exceed $170 billion this year. If you are not convinced that this generation will be impacting the bottom line of your retail store, consider this: Studies show more than 65% of the American adult population carry smartphones and are significantly more tech savvy than they were even just ... Read More