Bankruptcy gets a bad rap. But for some dance businesses that are struggling due to the COVID-19 pandemic, it might be a smart way out of debt—and it doesn’t have to mean the end of your business.
Could establishing a pointe shoe fitting standard and spreading sound fitting skills make the whole dance retail industry stronger? That’s Josephine Lee’s goal.
Here’s how three seasoned dance retailers are welcoming customers back into their stores and resuming operations.
Product bundles have multiple functions for a store, from spotlighting an exciting new line to increasing the perceived value of existing inventory.
While the risk of a lawsuit is low for those who faithfully follow state and local guidelines, this expert advises taking additional steps to protect your business.
Plenty of money is left in this forgivable loan program. And changes to the rules may make it newly attractive to your store or studio.
This fun and creative merchandising tactic makes good retail sense—even now. Here are savvy strategies to make sure they entice customers—and bring you a return.
With their stores closed, these four retailers used the time to freshen up their spaces—a treat for their customers and a morale-booster for them.
Retailers big and small are looking for ways to move this season’s inventory to generate cash to survive. Here’s expert advice on designing retail deals that will help, not hurt, your business.
Whether it’s to tap new sources of funding or get a break on payments for existing debt, a talk with your banker can help your business get through this cash crunch.