With internet retail heating up, customers more demanding than ever, and the explosion of retail space, retailers today must think differently and act faster to succeed. Why do some power ahead in this intensely competitive environment, while others are brought to their knees?
Power Retail looks behind the scenes of leading retailers to identify and explore the strategies that drive their success. Based on an in-depth quantitative analyses of over 200 North American retailers, including Sears, Walmart, Chapters Inc and Home Depot, and interviews with over 50 leading retail CEOs, this book provides a roadmap to the strategies that will drive superior financial performance in retail today and into tomorrow.
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This work elaborates on strategies used by retailers to outperform their competition. This work offers methods for customer segmentation based on needs, development of a competitive advantage in value proposition, and insights into better execution in managing people, technology and costs.
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