29 Jul 2014

Why Some Retailers Succeed, Where Others Fail

According to Brian Walker, CEO and Founder of The Retail Doctor, “Australian retail is on a conservative growth path, with retail spending showing acceleration in late 2013, however, many ASX-listed companies have failed to capitalise on these improvements”. Brian goes on to explore the habits and actions of the more successful retailers over the last few years, including:

  • Maintaining floor space.
  • Acting strategically rather than tactically.
  • Having solid brand differentiation.
  • Concentrating on controlling all aspects of their operations.
  • Understanding their customers.

Read the full article here.

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Aaron Blackman is the CEO of Retail Express. Follow Aaron on Google+