Retail costs keep climbing.
After examining Profitability Pressures and Retail Revenue Drivers, it’s time to look at retail costs.
As expenses mount, retailers and brands are now making tough, intentional decisions to:
CUT costs to drive efficiencies
OPTIMIZE the cost of doing business
INVEST in resilience and future growth
These choices can help them protect their profitability and long-term competitiveness.
What other retail costs have emerged as a 2022 priority?
Stay tuned for the upcoming series on mid-year retail strategy reviews.View Original Article