9 Ways to compete in a tough retail market

Keith Ready shared a rather good article from Inside Retail on LinkedIn. It explores how some retailers are still growing and showing strong returns in difficult retail conditions. This begs the question: what are they doing and why are they not feeling the pinch?

Whilst there is not one ‘silver bullet’, this article identifies 9 ways to compete in a tough retail climate and shares some Australian examples.

Photo courtesy of Inside Retail

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Jurek Leon is a storyteller, speaker and trainer. Subscribe to Jurek's FREE monthly 'Terrific Tips' e-newsletter at http://www.terrifictrading.com/terrific-newsletter/. Alternatively, email info@terrifictrading.com.