Tuesday, July 19, 2016

Cost reduction a top priority of retailers

Retailers are focused on getting leaner.
 
That’s according to a new study by Accenture, in which 88% of retailers said they were focused on cost reduction to free up funds necessary to reinvest in growth initiatives.  As for where they are those cost savings, the top three areas were expanding into new geographies (cited by 60%), digital technologies (54%) and enhancing customer experiences (52%).. . . more

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