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Turn Inventory Chaos Into Cash Flow Confidence

24 June 2025

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As featured on The Footwear Retailer Podcast with Pete Mohr

Independent retailers often find themselves stuck in a frustrating loop: too much inventory, not enough cash flow, and no clear strategy to fix it. But what if you could turn that chaos into clarity?

In this powerful episode of The Footwear Retailer Podcast, Pete Mohr sits down with Dan Holman—CEO of Canadian Retail Solutions and founder of The Wealthy Retailer®—to break down what’s really behind cash flow struggles and how data-driven decisions can transform your store’s profitability.

This episode covers everything from Dan’s own journey as a multi-store retailer to the tested framework he now uses to help independent retailers grow. You’ll walk away with actionable strategies for inventory planning, operational efficiency, and financial stability—plus the mindset shift needed to thrive in today’s retail landscape.

Dan’s Retail Journey

Dan shares how he transitioned from owning multiple retail stores to becoming one of the leading consultants in the footwear and specialty retail space. His personal experience gives him a unique understanding of the challenges retailers face—and the tools they need to overcome them.

“I’ve been in their shoes—literally. My goal is to help retailers simplify the complex and build profitable, sustainable businesses.”

The Wealthy Retailer® Framework

Dan introduces his signature framework that focuses on three pillars:

  • Inventory Planning
  • Cash Flow Management
  • Operational Efficiency

He also shares a case study of a retailer who implemented the framework and saw a dramatic increase in profitability—without adding new locations or overhauling their product line.

Fixing Inventory Management with Data

One of the biggest mistakes footwear retailers make is managing inventory based on instinct instead of insights. Dan outlines common pitfalls—like overbuying, ignoring slow movers, and chasing supplier incentives—and shares real-world strategies to correct them.

You’ll learn:

  • Why forecasting matters more than guessing
  • How to build reports that inform better buying decisions
  • Which tools can give you clarity without overwhelm

Optimizing Cash Flow in a Tight Economy

Inventory is often the biggest capital expense for retailers—and Dan makes it clear: “Inventory isn’t an asset until it sells.” He shares practical methods for unlocking cash flow, avoiding unnecessary markdowns, and budgeting with confidence.

Adapting to the Future of Retail

The retail landscape is shifting fast—between changing consumer habits and emerging tech, it’s harder than ever to stay relevant. Dan explains how independent footwear retailers can stay ahead by focusing on messaging, customer experience, and team accountability.

“The stores that thrive tomorrow are already changing today. You don’t need to be bigger—you need to be smarter.”

Tune In to the Full Episode

Whether you’re a seasoned store owner or just getting started, this episode is packed with real talk and real tools to help you take control of your business.

🎙️ Listen to the episode here: https://www.youtube.com/watch?v=iBXs-t7QnQo
⏱️ Runtime: 30–45 minutes

Connect with Dan Holman

Want to dive deeper into Dan’s strategies or explore the tools from Canadian Retail Solutions?

Final Takeaway

You don’t need a new store, a bigger staff, or a better economy to increase profits. What you need is visibility. As Dan puts it: “Retailers who know their numbers win. Period.”

So if your business is running you—rather than the other way around—it’s time to change the script. Start by tuning in.

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