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“If you can’t measure it, you can’t improve it,” said Peter Drucker, widely considered the man who invented business management.
Stock is one of the biggest investments and risks for a retail business. Have too much, and you’re landed with a whole load of products blocking up your storerooms and warehouses which you ...
Stock replenishment in electronics stores can be a complex issue. Take seasonality, for example: it’s an important factor to consider, but not all products are affected in the same way. ...
Electronics retail is fiercely competitive. Customers expect the latest products at low prices, with fast and convenient delivery and returns. Retailers that can combine low margins with ...
In the dynamic and competitive grocery sector, retailers need to manage a fast-moving inventory of thousands of products while responding quickly to new trends in customer demand. Grocery ...
In the past few years, retailers have been presented with a challenge that is growing more common by the day: their customers are now coming from all directions. They are stepping into the ...
Last week we brought you 5 of the 10 most innovative retailers of the year. This week we conclude the list with the top 5 most innovative companies. Read on to find out what is the secret ...
The 10 most innovative companies of the year are generating big revenues thanks to their ability to innovate themselves and tap into the right markets. They are doing it right - and you can ...
Loyal customers are at the heart of any successful, lasting business. Brand advocates, or superfans, are even more valuable, as they take loyalty up a notch: they are the customers who ...
Whether you love soccer or not, if you are located in Europe currently you can’t escape the fan-wear, public viewings, television broadcasts and general excitement. Emotions go high ...
