THE TODAY'S GROUP: MAXIMISING PROFITS AND HELPING TO REDUCE THE COST OF INDEPENDENT RETAILING

Posted by Tom C.
6
Nov 27, 2013
648 Views
The Today's Group is Britain's largest wholesale group. The group has a combined buying power of nearly £ 6 Billion pounds annually. Today's has nearly 400 supply depots throughout the country and as such can help small businesses by reducing the cost of wholesale buying. The business ethic of the Today's Group differs from a lot of competitors - in so far as the group is member-owned. This difference is crucial in understanding why the Today's Group is a keen supporter of independent retailing in the UK.

Today's Group has launched an innovative programme to help small independent retailers that are either start-ups or established businesses to help overcome the obstacles faced by running your own independent retail business.

It can be a literal nightmare getting everything right. The POS (Point-of-Sale) displays, seasonal goods, understanding POR (Profit on Return), which products to stock and other industry related information. However, help is at hand. The Today's group buying has launched a new and innovative service called Today's Plan for Profit.

Plan for Profit is according to the company's own words a "one-stop helo and advice shop providing independent retailers with valuable information to grow your business." The free to join service, allows independent retailers to help focus their attention of what important for their individual business.

The Plan for Profit service offers Planograms - innovative layout schematics that can help boost consumer spending in-store by facilitating the right layout using psychological and consumer behavioural trickery. Don’t worry - It's all above board. Planograms can help you formulate a better layout for your goods. This can help maximise sales by utilising high volume sales techniques for Fast Moving Consumer Goods (FMCG's).

Other services offers include a new booklet available to members and helps highlight the core range of products that Today's believes are the best selling products that your independent retail store can stock. This is based on latest sales data to help you keep on top of your own inventory and as such help you reduce your loss and wastage costs.

The biggest issue facing small independent retailers surrounds seasonal goods. The problems of space and what to stock in that space, whilst continuing to maintain high sales, has always been a crucial problem for the sector. Help is at hand; Today's offers bespoke advice and product ideas that can help your independent retail business bloom come Easter, Halloween or Christmas.

The Today's Group as a member-owned business wants to continue to help the high street grow. The Plan for Profit scheme is one such innovation that small independent retailers can utilise to help increase sales and maximise profits whilst reducing waste and loss. So why not visit www.todays.co.uk to join-up?

The scheme is free to join and can help members save both time and money. For more information why not contact the Plan for Profit team at Today's on 0845 523 5244 for more information and advice on how Today's Group can help your independent retail business succeed in current tough economic climate?

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