Playing the ‘blame game’ is the norm, where everyone and everything else is to blame for everything that goes wrong. Unless you begin with “What could I do to make this better?” you’ll never move forward.
So, what has the Stork brought to your store? You see, your new employees are much like new babies (hang in there with me if you’re a new employee … I’m not calling you a baby!). New employees certainly aren’t babies, but you need to care for them in many of the same ways.
In the retail sector, we’re pretty good about holding our store managers accountable. We crank out all kinds of objectives and measurements to make sure that each location can ‘hold its own’ as a separate business unit … and heaven help the Store Manager who isn’t up to snuff!
Here's an in-depth guide on how to increase your profit margins. Check them out and see if you can apply them in your business.
You can’t manage what you don’t measure. Retailers have always measured sales at a location. With today’s customers, how those purchases occur and flow across channels is just as important as the final sale receipt.
There is no place to hide or safe category, in order to survive retailers of all sizes must have solutions for the “last mile” to your door.