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In the value chain of the retail industry, specifically within the floristry sector that flower shops belong to, several players also engage in the sale of flowers and other related merchandise. This goes to show that having a proper understanding of the players in the floristry sector of the retail industry will help you compete …

Read More about Difference Between a Florist, Flower Shop and Grocery Store That Sells Flowers

A good percentage of traditional flower shops are experiencing difficult times as a result of intense competition from online retailers and supermarkets who are taking up customers with the convenience and the variety of floral options they offer, yet you will find that some have adapted and are doing very well by channeling their energy …

Read More about Are Flower Shops a Dying Business? Is the Floral Industry Declining or Growing?

A flower shop will have to be categorized as both a service and a merchandising business. This is because these shops provide a service that entails coordinating and arranging floral designs depending on the needs and ideas of clients, or even sometimes based on occasions. At the same time, these shops also function as merchandising …

Read More about Is Flower Shop a Service or Merchandising Business? What Type of Business is a Flower Shop?

Flower shops are not recession proof and the reason for this is not far-fetched. Although flower shops offer products tied to celebrations and emotions, they are not recession-proof due to discretionary spending patterns. The truth is that during economic downturns, consumers are known to prioritize essential expenses over luxury items like flowers. Decreased disposable income …

Read More about Are Flower Shops Recession Proof? Best Ways to Keep a Flower Shop Afloat During a Recession