Parlay’s Post

With Holiq's one-click stock and price update, you can now easily sync your liquor store’s listings across all platforms, leaving no room for error. Imagine updating your stock and pricing in one place and watching it instantly reflect everywhere! No more repetitive tasks, no more canceled orders because of wrong inventory or pricing – just simple, efficient management at your fingertips. Ready to elevate your liquor store's efficiency and keep your customers in the loop effortlessly? Click on the link in the bio to try Holiq today! #onlineordering #onlineorders #onlineliquor #menumanagement #onlinemenu #liquorstore #growyourbusiness #holiqplatform #holiq

Great read on the balancing act of innovation and efficiency in the grocery market. The article explores the fresh, innovative ideas of Foxtrot and Dom's and what lessons we can learn from their demise in a high inflationary market. As the grocery industry continues to evolve, it's crucial to find the right balance yet not lose focus on customer demands. What strategies have you implemented to stay ahead in this dynamic industry? #groceryindustry #innovation #efficiency

As someone who hadn't experienced Foxtrot and Dom's Kitchen & Market firsthand, the sudden closure of these businesses prompts reflection on what customers truly seek from their grocery experiences. This article sheds light on the challenges that innovative retailers face amidst the dominance of larger competitors and the demand for efficiency. Despite their ambitious growth plans, both Foxtrot and Dom's ceased operations abruptly, leaving the industry reeling with shock and frustration. Foxtrot revolutionized convenience by offering a multifaceted experience encompassing a café, grocery, and delivery services, while Dom’s distinguished itself through culinary excellence with its foodservice stations. The demise of these retailers sparks speculation about the viability of their business models and the effectiveness of their financial management. In an era where cost-cutting and essential-focused strategies reign supreme, retailers struggle to sustain imaginative concepts in the face of industry giants. Foxtrot's labor-intensive model and Dom’s experiential focus encountered significant pressure to deliver consistent returns. The relentless competition driven by efficiency and evolving consumer spending habits poses challenges for startups, while established players like Aldi thrive with their lean operations. However, amidst these challenges, there remains opportunity for innovation, albeit in a more focused and selective manner. Retailers must strike a delicate balance between cost-cutting measures and providing unique experiences to stay competitive in today's landscape. Whole Foods serves as a prime example, maintaining customer excitement through innovative store designs, emphasis on local sourcing, and meticulous brand development. In conclusion, the abrupt closure of Foxtrot and Dom’s serves as a reminder of the imperative for retailers to pilot innovative concepts while nurturing strong connections with customers, even within an environment demanding utmost efficiency. #RetailInnovation #CustomerExperience #GroceryTrends

Last quarter, our team invested heavily into improving the reach and depth of the FQ platform — and the results have been incredible 🚀 Not only have we expanded into new industries (like food and bev), we've also added potent workflows and integrations to help our up-market partners (like Harry's Inc. and Topo Designs) simplify their supply chains. The FQ platform has never been in a stronger position to tackle new and varied QC challenges across brands of all sizes and industries. Our efforts didn't stop there. We've also continued to innovate features to support new and existing customers—like our Checklist Builder—with more to come in Q3. Learn more about how these innovations will help our partners drive success in 2024: https://lnkd.in/d3yDytHk

Thinking about a strategic partnership but feeling lost? Don't go it alone! Understanding vertical and horizontal integration can help you choose the best path for your business. ➡️ Vertical: Gain control of your supply chain (think owning your own bakery that mills its flour!) ➡️ Horizontal: Expand your offerings (a bookstore partnering with a music store for a wider entertainment selection!) Which is right for you? #Mettryx #Partnership #BusinessPartnership #SupplyChain

DID YOU KNOW? ▶️ Jay Forrester developed a beer distribution game, more popularly known as The Beer Game, to illustrate the dynamics of supply chains, where the game has four players – the beer retailer, the wholesaler, the distributor, and the manufacturer. 🔗 Read article: https://ow.ly/ABQS50Tefem 🛒 Play the game: https://ow.ly/mLLS50Tefel Join the ranks of those who have experienced the eye-opening lessons of the Beer Game and learn how your decisions can impact the entire supply chain. 🧩 Learn more: https://ow.ly/Z6M550Tefep #SystemDynamics #systemsthinking #bullwhip #production #distribution #delays #supplychain

Look at that feature, we know it's Game Time just right around the corner. These items tie in so well together. We have a new item, top selling pizza, and top selling pizza from the vendor. Nice execution of this feature!! #MerchandisingWithDalton #merchant

Great solutions for every brand.

SCOOP (SLICE?): MOD Pizza is exploring a sale together with Miller Buckfire after closing dozens of stores across the United States. Backed by millions of dollars from private equity and venture capital investors over the years, MOD - frequently touted as the Chipotle of pizza - was opening stores across the U.S, Canada and United Kingdom. A couple of years ago, the company even confidentially filed for an IPO and laid out a vision to have 1,000 locations open by 2024. Halfway through that year, and the chain has seen restaurants shutter across the country, something it attributes to underperformance. To some, MOD grew too fast and this is a consequence of that rapid expansion. Still early in the process, but we're staying on this one. Collab with Bhavna Kaul and Jay Antenen. Full article now live on Debtwire and Mergermarket.

Are you aware of the chaos in the liquor industry's inventory management? In our latest episode, we dive deep into the disorganized world of liquor inventory reporting and the importance of cycle counts. Tune in to uncover the truth behind the numbers. #LiquorIndustry #InventoryManagement