Managing Your Liquor Store Inventory: 7 Tips, Tricks, & Tools

As a liquor store owner, you know the importance of keeping an eye on your numbers. The right profit margin means steady growth, while the wrong one can lead to penny-pinching and struggling just to stay afloat. Worse yet, not knowing where your margins stand can put your business at risk without ...

You’ve got all the right ingredients for liquor store success. You’ve stocked your shelves with popular spirits, trained your cashiers to provide top-notch service, and invested in a powerful point of sale (POS) system to keep your business running smoothly.

Shrinkage is an invisible threat to your liquor store’s profitability. In 2022 alone, U.S. retailers lost $112.1 billion to theft, administrative errors, and other forms of shrinkage, with rates climbing to 1.6% of total sales. For liquor stores, these losses hit especially hard due to the high ...

You’re hosting a party, and your friends and family will arrive at any minute. You’ve spent all day preparing for this soirée, scrubbing your home until it’s sparkling, working hard in the kitchen to prepare a delicious meal, and creating the right ambiance for a celebration. Now, all that’s left ...

It’s a busy holiday weekend. Your liquor store is buzzing with activity as customers stock up on their favorite brews, browse your aisles for giftable wines, and shop for party-worthy champagne.

No one opens a liquor store because they’re excited to wrestle with inventory management, checkout processes, and compliance challenges. But when you don’t have the right point of sale (POS) system, that’s exactly what you’ll spend most of your time doing. If your day to day is less focused on ...

Running a liquor store is no easy task. You have to juggle hundreds of bottles, build strong relationships with your regular shoppers, and handle the day-to-day responsibilities of small business ownership.

Every day, you hear about how new software is transforming businesses — and you should believe the hype. Software is helping independent businesses modernize the customer experience and gain insights that improve sales and help businesses grow.

Did you know that failing to verify a customer's age can cost liquor stores up to $10,000 in fines? That's a serious blow to any small business, especially when it's completely avoidable. The good news is, you can use tools to help prevent age verification mistakes from hurting your bottom line — ...