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The Six Challenges Retailers Need to Master in 2024


You need to think (and act!) differently to win at retail in 2024

Six key retail trends for 2024 · Focus on value – supporting squeezed customers · Next-level loyalty – focus on ecosystems · Saving to invest – the ...

9 Retail Trends and Predictions for 2024: What Should Merchants ...

We can't have retail and commerce without payments, which is why retailers should be smart about the payment providers they partner with. In ...

The Top Retail Trends in 2024 - Square

According to our 2024 Future of Retail data, retailers agree their revenue needs solutions, but they're divided on their approach: 51% plan to ...

2024 Program - Retail Industry Leaders Association

The Retail Litigation Center's retail and law firm members will convene for their annual meeting to elect directors, learn about the RLC's latest work, and ...

Top 8 HR Challenges in the Retail Sector – and How to Solve Them

It can be difficult to strike a balance between business costs and the number of employees required to meet demand. Increasing the number of retail employees ...

The tech transformation imperative in retail - McKinsey & Company

To reverse the negative trajectory of recent years, bold action is needed: retailers must undertake a radical transformation of their tech ...

The Top Retail Conferences You Need to Attend in 2024 - First Insight

Embracing digital platforms like AI, Big Data, and predictive tools is essential. Merchants today must navigate online shopping patterns and ever-changing pop ...

4 ways to use AI to master DIY retail supply chain challenges

May 27, 2024 • 6 min. You're barely into your second cup of coffee, and the supply chain woes at your DIY retail stores have already mounted.

Project515: Experts share challenges, opportunities facing retail ...

Finding and retaining talent and identifying affordable space are among the top challenges the retail sector will face in the coming year, ...

2024 Online Retail Challenges and Opportunities - Commercetools

The biggest challenges and opportunities for online retailers in 2024 · Diminishing customer loyalty: · Performance-related issues: · Poor mobile ...

The Future of Retail in Asia-Pacific: From Turbulence to Resurgence

In a promising new era, retailers need a tailored response to six challenges ... © 1996-2024 Bain & Company, Inc. Contact Bain. How can we ...

12 Ecommerce Trends Powering Online Retail in 2024

Before investing in a new trend, you'll want to make sure it's worth your time and money. Consider the potential costs and resources required ...

Navigating 2024: Top Supply Chain Challenges for Retailers

As we sail into the uncharted waters of 2024, it's evident that our global supply chain faces a barrage of challenges.

6 retail staff training ideas and examples - Elucidat

Learning and development in the retail industry has its own unique set of challenges. The modern retail employee needs support on the job. They're not at a ...

Prioritizing Learning and Development in Retail

6 Challenges Faced By L&D Leaders in the Retail Industry and Their Solutions · 1. Rapid industry evolution · Solution: · 2. Limited budget.

Retail Dive: Retail News and Trends

The state of retail supply chains in 2024 ... Companies looking to curry favor with customers, trim logistical expenses and improve efficiency, are reorganizing ...

Leading the Retail Industry into the Future | BCG

Retail Industry · Retail Analytics and Artificial Intelligence · Omnichannel Retail Strategy · Retail Operations · Cost Optimization · Digital Retail Marketing and ...

Union Strikes & the Impact to the Retail Industry - 60-second Retail

Shifts in consumer behavior and preferences, technological advancements, economic conditions, the pandemic and prevailing supply chain issues have combined to ...

TOP 7 Retail Technology Trends: Balance Between Innovation and ...

Advancing technologies, changing customer interests and demands, and improving industry standards for operational efficiency all drive a bit of FOMO that hangs ...

2024 Guide to Retail Tax Changes - Avalara

High rents. Inflation. Wage increases. Persistent staff shortages. Retail shrink. Facing these and other challenges, retailers may open fewer stores and close ...