5 Ways for Small Retailers to Invest in Their Stores

Despite the growth of online shopping, brick-and-mortar stores aren’t dead — far from it. In fact, according to the 2016 BDO Retail Compass Survey of CFOs, the biggest area in which small retailers plan to invest in the coming year isn’t ecommerce, but redesigning and remodeling physical stores.

Just nine percent of retailers say they will invest the most capital in ecommerce this year (down from 22 percent last year), while 31 percent plan to invest the most money in store redesign (up from nine percent last year). While the survey focused on large retailers, there’s a lesson for small retailers in the findings. Here are five things you can do to update your location in the coming year.

5 Ways for Small Retailers to Invest in Their Stores