Before you read further, let this huge nugget sink in. It’s NEGATIVE BOOK VALUE of INVENTORY we are talking about. In other, even more impactful words, elimination of inventory on your balance sheet. How much additional profitability could that add to your bottom-line? What else could you do with an influx of capital to that […]
Shrink. Almost no one wants to spend time hearing or worrying about this retail reality. Whether it’s from damage, theft (internal or external), spoilage, date-coded product, or bad ordering, shrink is a bane to profit, and it’s not easy to fix. Itasca retailers have a different experience. Think truck-to-shelf. Product is handled once before the […]
At the upcoming NGA Show in Las Vegas, Itasca will be confirming what many in the industry have long known. That is, Magic, Itasca’s Computer Generated Ordering software, has been delivering outstanding financial results in center store grocery departments. What may not be as widely known: our customers are experiencing similar outcomes in their perimeter […]
Sound like nonsense to you? What if someone showed you a supermarket chain who routinely reports a negative book value on its store inventories? We can. Using Itasca Magic™ they sell through before the invoices are due, freeing up millions in working capital for expansion, marketing, promotion, and customer experience. At Itasca Retail, we’ve been delivering on the […]