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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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Proving It Through your Actions – a Guest Post from Steve Farber

Kevin Eikenberry

He’s also a multiple year nominee for Best Leadership Blog. You still have until midnight December 14th to vote. Prove to Others That You’re Proving It to Yourself by Steve Farber (posted 11/22/10) Extreme Leadership is not a solo act; it doesn’t happen in a vacuum.

Workshop 179
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Complimentary Resource – Meeting the Demands of the Smarter Consumer

Strategy Driven

New technologies and socioeconomic trends are reshaping the retail marketplace. The IBM Institute for Business Value recently surveyed over 30,000 people in three mature and three growth markets to discover what consumers will want from retailers in the future.

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What Are The Pros And Cons of A PEO?

ExactHire - Leadership

When the Affordable Care Act rolled out in 2010, employers saw a 40 percent increase in insurance premiums. A survey by the National Retail Federation found that 69 percent of small business owners feel “overwhelmed by regulations, rules and mandates such as labor regulations, health care mandates, tax codes and safety guidelines.”.

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Dressing China

Harvard Business Review

All the world's apparel manufacturers and retailers have joined the race to clothe China. survey, only 12% of consumers said they keep abreast of the latest fashions. Meanwhile, the number of people agreeing with the statement "I build my wardrobe around different occasions and needs" rose from 36% in 2010 to 45% in 2011.

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Does Customer Prejudice Help Drive the Employment Gap Between White and Black Americans?

Harvard Business Review

And a 2010 study of more than 800 retail stores and their surrounding communities found that sales slightly fell in white communities when black employment shares in those stores rose. I used data from the General Social Survey , which has been tracking trends in attitudes, behaviors, and attributes in the U.S. since 1972.

Sample 8
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China’s Slowdown: The First Stage of the Bullwhip Effect

Harvard Business Review

The bullwhip effect is the amplified response to demand signals as one moves “upstream” in the supply chain: from retailers to manufacturers to suppliers to commodity providers. Here’s a hypothetical illustration of the bullwhip effect: A retailer might experience an X% drop in sales owing to some external event.