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Taking the temperature of your business
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As with so many things in life, the answer to every problem is closer at hand than you think. As retailers feel the pain of an economic slowdown and flagging consumer confidence, they tend to look outside their business for remedies and strategies...
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People, Process and Technology
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Today's retail environment is tough. Shrinking budgets, layoffs, consolidation, and demanding construction schedules mean that you have to do more with less time, less money, and less staff. To get stores designed, built, renovated and maintained on time and on budget, it is highly critical to work smarter than your competitors and stay connected with the 3 core elements of effective retailing - People, Process & Technology...
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Indian retail market and growth of SMEs
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The retail market in India is estimated at about US$ 410 billion and constitutes about 60% of private consumption and about 35% of India's GDP. With Indian GDP expected to grow at 7-8 % in the next coming years, the retail market is expected to touch US $860 billion by 2018. In recent years, this sector has...
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Trends in retail trade
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In the current business environment a confluence of market forces has created an extremely complex climate in the global retail industry. In mature markets, retail sector is challenged by its inability to grow and maintain profit margins as a result of a constrained operating environment, market maturity & saturation, slow population growth, and more demanding consumers as well as highly volatile consumer behaviour...
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Mall management strategies
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The Mall management strategy that I would be talking builds on the basic idea of interdependence between the Mall and the Retailer. It focuses on the business benefits that can accrue out of collaborated business management between the Mall Developers and the Retailers. This is not to say that the association...
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When times are hard, it pays to spend
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Without talking the market down, Ian Tomlinson of Cybertill is convinced that, in boardrooms across the land, retailers - irrespective of business size and product type - are preparing themselves to cope with a deepening of the current retail slow-down...
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