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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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The Attention Economy’s Impact on the Retail Industry

CEO Insider

But consumers remember the brand experience, which makes it important for retailers to pay attention to the entire experience they create. As technology continues to be introduced for convenience purchasing, it’s important for retailers to adapt and pivot to technologies that […].

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How Covid Has Changed The Retail Workforce

The Horizons Tracker

Few sectors of the economy have been as affected by Covid-19 as the retail sector, with most non-food stores forced to close for extended periods, shifting demand online, while food-based retailers enjoyed booming sales as people attempted to stock up (while obviously not eating out quite so much either). economy has skyrocketed. .”

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How Might Drones Affect Retail Logistics?

The Horizons Tracker

New research from the University of Texas at Dallas suggests there is still considerable potential for the technology however. It’s a step in the chain that they believe drones could transform as retailers strive for ever faster delivery. While perfect customization is theoretically best for the retailer, it is impractical.

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What Do You Need When Opening a Retail Unit?

Strategy Driven

If you have chosen to open a retail unit, you need to think about some of the following things. With a retail unit, location can be everything. Technology. Nowadays, there are many pieces of tech that every business needs to make sure that they have as part of their retail unit, even if it is a simple shop.

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How Digital Technologies Could Boost Tiny Retailers in Developing Countries

Harvard Business Review

Micro-retailers are vitally important to the economies of developing countries and to consumer packaged goods companies. The adoption of digital technologies could help change that. But their full potential is not being realized. But for that to happen, obstacles must be overcome. Three strategies can address them.

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Future is Here: How Metaverse Becomes the Part of HR Technology

HR Digest

Metaverse is now expanding its horizons into other areas such as artificial intelligence (AI) , HR technology , big data analytics , and cloud computing. With the rise of AI and Big Data , companies are starting to adopt these technologies to improve their operations. How can HR departments plan for technological change and prepare it?