(PRESS RELEASE) OMAHA, NE – The Edge Retail Academy (ERA), the leading retail jewelry business advising company, announced the release of new inventory reporting capabilities for its Edge Pulse product. Edge Pulse is an add-on to the market-leading Edge POS system and allows users to anonymously compare their store’s Key Performance Indicators like inventory levels, turn and top-selling categories to over 900+ peer stores.
“A key for a healthy business is having a complete and understandable picture of its inventory,” said David Brown, President of ERA. “Edge Pulse is the only provider to present a store’s inventory metrics with a clear, real-time view that can lead to immediate improvements.”
With the new inventory features in Edge Pulse, jewelers can monitor the movement of their inventory – by product category – over the last 12 months. “Watching inventory age is powerful motivation to implement strategies to improve overall inventory levels, which boosts profits,” added Mr. Brown.
“Edge Pulse is our dashboard to success,” said Stephen Barnes, Owner of Barnes Jewelers. “We find the new inventory functions to be highly valuable in spotting the areas of our inventory that need attention. Plus, Edge Pulse’s AdvantEDGE program recommends where to invest newly available open-to-buy funds from top sellers across 500+suppliers.”
Using Edge Pulse, jewelers can set goals and better track in real-time critical sales and inventory data to increase their store’s revenues and profitability.
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Closing With Confidence: How Bailey's Fine Jewelry Achieved Outstanding Results With Wilkerson
When Trey Bailey, President and CEO of Bailey's Fine Jewelry, decided to close the Crabtree location in Raleigh, North Carolina after 15 years, he knew the decision needed to be handled with intention and professionalism. The goal was clear: exit the location while maintaining financial strength and honoring the store's legacy.
Having worked with Wilkerson successfully in the past, Bailey understood the value of their comprehensive approach. "They understood both the emotional and financial sides of the store closing sale," Trey explains. "Their reputation for professionalism, results and care made it a very easy decision."
The results exceeded expectations. Wilkerson helped Bailey's sell through significant inventory while maintaining the dignity of the closing process. "They don't just run a sale, they help close a chapter in the best way possible," Bailey says, strongly recommending Wilkerson to any jeweler facing a similar transition.
