Thursday, February 9, 2012

WHAT IS EVERYONE'S BIGGEST CHALLENGE IN RETAIL?

I have been following a lively discussion amongst the members of the LinkedIn "Retail Industry Professionals" group. The dialogue centers on a deceptively simple question "What Is Everyone’s Biggest Challenge In Retail?" The group’s members represent a wide range of retail experience, expertise and geography. Their answers are an enlightening insight into a complex industry that is in a continual state of stress and change. Honest and compelling, the responses provide sophisticated views on what it takes to be a good retailer… or even to just simply survive.

It struck me that the challenges cited are as relevant to the retail industry as they are to many others; charities, manufacturing, professional practices, communications, etc. So, as you read my summary of the responses, regardless of what area you work in, ask yourself…

Is your organization meeting these challenges?

To read the remainder of the article, click here.