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Experts weigh in on China’s supply chain risks and mitigation strategies

Inside Retail

In this article, we will explore the supply chain risks associated with China and the strategies that businesses can adopt to mitigate them. The bulk purchase of products is also a good strategy. The post Experts weigh in on China’s supply chain risks and mitigation strategies appeared first on Inside Retail.

Strategy 130
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Should you be friends with your co-workers? Here’s what the research says

Inside Retail

In addition, being unfriendly at work — either because forming friendships is too difficult or because you are avoiding a particular person — can make work less enjoyable and engaging. One of these strategies involves using positive reframing to change the way you think and interpret your colleague’s behaviour.

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How Retail Businesses Can Excel With Customer Services

Retail Focus

This article highlights actionable strategies that can help retail businesses win the customer service game. Offer Omni-Channel Support Research indicates that omnichannel strategies help generate nearly 80% of in-store visits. It gives your team an insider’s perspective into customers’ pain points and experiences.

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What are digital layoffs and what do they mean for employees and companies?

Inside Retail

Unfortunately Twitter’s approach resembles strategies adopted by a growing number of companies in recent years. The Irish Congress of Trade Unions has argued the case highlights the need for workers across industries to have better opportunities and rights to join unions as a form of collective voice. Read the original article.

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From Pop-Up Stores to Seamless Experiences

Retail Focus

Pop-up stores can be a valuable tool but must align with a brand’s overall strategy and relevance to the local market. This article explores the evolution of retail formats, from single-product stores of the late 1800s to the rise of pop-up stores and the pursuit of seamless customer experiences in the digital age.

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Tax Meets ESG: Preparing for Bad Press

Eye on ESG

The article paints an unflattering picture of the multinational’s global tax position and makes generalized observations on structures it might have used to achieve its tax results. Form a Tax ESG Working Group. A company does not need to respond to every article however incomplete or misleading.

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Crafting luxury brand narratives through popup stores

Retail Focus

Crafting brand narratives through popup stores can be an effective strategy to engage customers, create buzz, and build a unique brand experience. These collaborations result in visually captivating installations that convey the brand’s unique perspective and artistic sensibilities.