Category: meaning in the retail madness
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Why disruptive retail models must still implement good old-fashioned inventory management?
Why disruptive retail models must still implement good old-fashioned inventory management? The worlds of sustainability and the circular supply chain are clashing headlong with traditional retail principles and processes. This new wave of businesses specialise in, and operate, a variety of models across renting and re-selling. Some of these models still rely on a controlled…
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What the guardians of Oxford Street should learn from the citizens of Valencia.
I was sucked into a discussion recently on the woes of Oxford Street, London’s famous shopping destination. The fact is it is no longer the destination that it was. It has suffered more than most from the COVID lockdowns, reduced tourist numbers and home working, but the focus of the grumblings went back further than…
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If galvanising your workforce is your main objective as a retail leader, then consider this checklist…
The road to achieving a fully-functional modern retail business with an empowered workforce is not an easy one to take, or a simple one to execute. Success comes through addressing a wide variety of issues and activities. Encouragement and empathy are a good start but they will only ease the journey, not get you to…
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Delivering successful sustainable retail: Bringing ‘Meaning to the Retail Madness’
Retail is balancing on an unprecedented tightrope of change. Between the precipice of exploitative disaster, and the leap to sustainability and a commercially viable circular future. Where do you begin as a sustainable retailer? Opportunities are emerging for businesses of all sizes, scenarios and origins, to engage with the growing customer sentiment for products made…
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Should ‘recyclable trump recycled’ in the product design & buying lottery?
in assortment structure planning, disruptive retail, fashion accessories, footwear, home, kids fashion, ladies fashion, leisure & sport, luxury, meaning in the retail madness, menswear, new retail, product suppliers, recycling, renting, retail, retail businesses, retail management, retail organisations, retail strategy, supply-chains, sustainability, value retailingShould ‘recyclable trump recycled’ in the product design & buying lottery? Surely, as customers we must educate ourselves, and teach the businesses that make our ‘stuff’ that truly and literally ‘enough is enough’ It is correct to prioritise ‘keeping product out of landfill’ This is most important. That is why the evolution of resell, remaking,…
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Empowering & Organising Retail People: Bringing ‘Meaning to the Retail Madness’
Retail has a chequered history of human resource management, to say the least. Sadly, some of us will still remember the aggressive cultures that used to pervade the offices of some our biggest retail businesses. Even recently, I have experienced the painful charting of an executive hierarchy, stating with precision who is more important than…
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Is there another Zara? Or is it running out of ‘fast-fashion time?’
in assortment structure planning, brave-words, disruptive retail, fashion accessories, footwear, ladies fashion, meaning in the retail madness, new retail, product suppliers, recycling, renting, retail, retail businesses, retail management, retail organisations, retail strategy, supply-chains, sustainabilityZara is extraordinarily successful. But will it become a victim of its own success, so long as sustainability remains a victim of Zara. Zara has become the most amazingly successful fashion retailer ever. It perpetually fills its stores with new and exciting styles, that customers across the world constantly fall in love with. To achieve…
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Just Eat, does ‘reading between the lines’ ruin your appetite?
in branding & visual communication, customer experience, customer service, customer-engagement, disruptive retail, food & drink, meaning in the retail madness, new retail, omni-channel retailing, product suppliers, retail, retail businesses, retail management, retail organisations, retail strategy, social savvy, supply-chainsJust Eat, does ‘reading between the lines’ ruin your appetite? With brands communicating such a ‘plethora’ of data and performance statistics, it seems transparency is not only an issue with sustainability, but with performance itself. Whilst it cannot be argued that Just Eat is narrowing its losses, marginally increasing its revenue, and increasing its sales…
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Is ‘Rental’ becoming the new ‘Must-have proposition’ for retailers struggling with customer loyalty, falling sales volumes and profits?
Is ‘Rental’ becoming the new ‘Must-have proposition’ for retailers struggling with customer loyalty, falling sales volumes and profits? What has been until recently a niche offering, largely restricted to luxury goods, and offered by specialist rental businesses, is now being adopted across different categories. It is certainly a growing trend, and what is most interesting…
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So, ‘clothing rental’ is only commercially viable for expensive outfits worn on posh occasions? Think again!
in accessories, customer service, disruptive retail, fashion accessories, impulse retailing, ladies fashion, meaning in the retail madness, new retail, omni-channel retailing, product suppliers, recycling, renting, retail, retail businesses, retail management, retail organisations, retail strategy, supply-chains, sustainability, value retailingSo, ‘clothing rental’ is only commercially viable for expensive outfits worn at posh occasions? Think again! To make clothing rental work it must be a commercial success for both the retailer and the customer. If either party loses out, then the business model will simply not work. With that in mind, perhaps you’ve been under…
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