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10 Tips For Successfully Opening And Managing Your Retail Store

Strategy Driven

You can see that America had 442,000+ retail stores back in 2019, and these numbers are bound to increase. So, here are a few tips to help you open and manage your retail store in this ever-changing economy: 1. Attract Potential Customers A clean, clutter-free, and well-stocked retail store will attract more customers.

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Can We Finally Eradicate Bad Products?

Harvard Business Review

The Institute, which officially opened in January 2010, includes the Model Kitchen, the Testing Station for Household Devices, and what's called the "Domestic Science Laboratory." A vast swath of e-retailers followed Amazon's example. Shopzilla, and its Bizrate site, skipped product reviews to host retailer reviews.

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Unilever’s Big Strategic Bet on the Dollar Shave Club

Harvard Business Review

While Dollar Shave Club represents a growing share of the razorblades market, it is still tiny, it operates with low margins, is made up of an irreverent albeit engineering-savvy team – and is, as yet, unprofitable. 1 razor brand, saw its market share fall from 71% in 2010 to 59% in 2015. domestic market.

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The Industries Apple Could Disrupt Next

Harvard Business Review

Thus Apple’s integration of its iPod device, iTunes software, and iTunes music store disrupted the existing music industry value chain from the record labels to the CD retailers to the MP3 device makers. Apple quickly became the largest music retailer in the U.S. And Nielsen has no reason to cede control of it.

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The Right CEO Personality for Process Improvement

Harvard Business Review

Operations : Approaches problems practically; stands firm on issues, perseveres; maintains a standard of consistency and quality; provides stable leadership and supervision; develops detailed plans and procedures; implements projects in a timely manner; keeps financial records straight. Is the balance right in your organization?

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The Challenges Facing E-Commerce Start-ups in Africa

Harvard Business Review

In 2010, my company created an app store. Old local giants like the e-commerce business Kalahari , the advertising firm InMobi , and e-classified site Mocality retrenched, reorganized, or closed down. The optimism about Africa clouds some obvious challenges any operator in the continent will confront. Look at my own experience.

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How the Voice of the People Is Driving Corporate Social Responsibility

Harvard Business Review

And in 2010, Greenpeace attacked Nestlé with a viral video over its use of unsustainable palm oil. Another great example is Bruno Sarda, Sustainability Operations Director at Dell. The plan includes a multifaceted plan for communicating progress through a wide variety of methods, from video to Facebook to Twitter chats.

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