McKinsey

NOVEMBER 3, 2020

As customer expectations evolve and cost pressures rise, automotive retail strategies must also change rapidly.

Retail 127

Retail Strategy 127

McKinsey

OCTOBER 18, 2022

The current model of universal retail banking is unsustainable over the long term. To thrive, banks need to reinvent themselves, focusing on businesses where they can achieve and extend market leadership in the new digital world.

Banking 114

Banking Retail Leadership Strategy 114

McKinsey

JUNE 9, 2021

As European grocers realize that embracing new technology is core to their strategy, flexibility is the key to successful transformation. It’s not always about what retailers are doing in tech adoption, but how.

Strategy 119

Strategy Retail 119

McKinsey

MARCH 25, 2021

Now evolving consumer demands also require grocery retailers to adopt new strategies to increase performance and pursue growth. COVID-19 changed the market in unprecedented ways in the past months.

Retail 82

Retail Strategy Performance 82

McKinsey

OCTOBER 17, 2022

And retailers should take note. Our recent consumer survey found two important facts about American consumers.

Retail 121

Retail Strategy 121

McKinsey

JULY 5, 2022

Traditional retailers can join the boom in online shopping and digital commerce through retail media networks—a fast-growing profit stream.

Retail 78

Retail Media Networking Strategy 78

McKinsey

JUNE 8, 2023

Consumers already know what they want at the intersection of virtual and physical retail. It’s up to companies to evolve their strategies to capture growth and long-term value.

Retail 125

Retail Strategy 125

McKinsey

DECEMBER 12, 2022

More energy retailers are transforming their digital platforms to cut costs and to stay competitive. We explore approaches to platform transformation and key questions to consider before embarking on a transformation journey.

Retail 69

Retail Strategy 69

McKinsey

JULY 30, 2019

Black Friday and Cyber Monday are months away, but savvy retailers are incorporating lessons from last year’s holiday season into this year’s marketing.

Retail 85

Retail Strategy 85

McKinsey

DECEMBER 2, 2022

Many US retailers are reducing prices to clear excess inventory. Smart markdown strategies will make a huge difference to their bottom lines.

Retail 106

Retail Strategy 106

McKinsey

NOVEMBER 4, 2020

The COVID-19 pandemic has upended norms about retail, brand loyalty, and consumer behavior. That’s creating both a massive challenge and a rare opportunity for bold players to accelerate growth.

Retail 121

Retail Strategy 121

McKinsey

APRIL 1, 2021

With the industry at a crossroads, operators need to move quickly to rethink strategy, build new capabilities, and transform their businesses.

Retail 137

Retail Strategy 137

McKinsey

JULY 9, 2021

Postal carriers and retailers with vast distribution networks could leverage them and their deep customer relationships.

Retail 97

Retail Networking Banking Strategy 97

McKinsey

DECEMBER 9, 2021

In one of the most competitive markets in the world, grocery retailers will need new strategies and capabilities to sustain growth.

Retail 101

Retail Strategy 101

McKinsey

OCTOBER 30, 2020

Consumers have recently been snapping up private-label goods at grocery and mass retailers. Only if retailers develop a compelling private-label strategy and operating model. Will this trend last?

Retail 98

Retail Strategy Development 98

McKinsey

SEPTEMBER 14, 2022

High inflation is a challenge, but ADAPTing an agile pricing strategy can help retailers and brands control costs, protect margins, and retain customer loyalty.

Retail 79

Retail Strategy 79

On The Job

MAY 11, 2020

because of the coronavirus pandemic, job seekers — both passive and active — need to be smart about their next move and have strategies in place to avoid facing more job losses down the road if they choose an industry that could also be in trouble, an expert says For the more than 30 million unemployed U.S. As job losses mount in the U.S.

Hospitality 137

Hospitality Retail Recruitment Strategy 137

McKinsey

JUNE 15, 2020

Grocers, mass retailers, convenience stores, and drugstore chains will need to carefully refine their value strategies. Most US consumers are worried about the economy.

Retail 111

Retail Strategy 111

McKinsey

SEPTEMBER 15, 2022

High inflation is a challenge, but ADAPTing an agile pricing strategy can help retailers and brands control costs, protect margins, and retain customer loyalty.

Retail 69

Retail Strategy 69

McKinsey

JUNE 1, 2021

Now is the time for retailers to reassess their automation strategies. Automation in grocery warehouses has significantly accelerated, thanks to several trends.

Retail 84

Retail IT Strategy 84

McKinsey

SEPTEMBER 26, 2017

Customers are leading the way toward next-generation retail-banking distribution strategies.

Retail 55

Retail Banking Strategy 55

McKinsey

JULY 26, 2021

The CEO of the US retailer describes how the COVID-19 disruption helped refocus the chain’s strategy.

Retail 96

Retail Strategy Finance 96

McKinsey

JANUARY 6, 2022

To harness its full potential, retailers must develop an end-to-end strategy. Automation offers a range of benefits for warehouses, from increasing productivity to reducing risk related to labor.

Retail 63

Retail IT Strategy Development 63

Vantage Circle

DECEMBER 31, 2020

And this change should start with your recruitment strategy. Today, we are going to take a look at a few tips on where to start when it comes to making your recruitment strategy more diverse, employee-oriented, and inclusive. Revise Your Recruitment Ads. It’s a common practice to target and attract job candidates with recruitment ads.

Recruitment 69

Recruitment Strategy Hospitality Accounting 69

Strategy+Business

NOVEMBER 8, 2015

Today, retailers approach the last mile making more nuanced trade-offs among speed, variety, and convenience. The right combination entails a complex set of compromises that depend on the product type, consumer segment, shopping occasion, and retailer positioning.

Retail 53

Retail 53

Strategy+Business

OCTOBER 17, 2016

Target is the latest retailer to double down on mini versions of its stores -- and hopes to avoid others' pitfalls.

Retail 56

Retail IT 56

Strategy+Business

MAY 16, 2018

Findings from a recent PwC Consumer Intelligence Series (CIS) survey of 15,000 global consumers confirm that technology will remain central to retailers' ability to understand and predict customer behavior. But none of these high-tech capabilities would be possible without people.

Retail 58

Retail 58

McKinsey

FEBRUARY 8, 2019

As customer expectations continue to evolve, banks need a new way to measure the effectiveness of their acquisition and retention strategies.

Banking 97

Banking Retail Strategy 97

Strategy+Business

FEBRUARY 26, 2017

Brands, retail stores, and marketers quickly realized the opportunity inherent in the success of Pokémon Go. In fact, AR may offer physical retailers a competitive advantage against brick-and-mortar competitors. The Pokémon Go fad was the first legitimate case study in mass-scale augmented reality (AR).

Retail 60

Retail IT 60

She Owns Success

NOVEMBER 8, 2023

That’s tactile marketing —- a strategy that uses the sense of touch to make a brand memorable. Stay tuned as we delve into the strategies that make tactile marketing a game-changer in the world of business. Tactile Marketing Strategies There are many different ways to incorporate tactile marketing into your business strategy.

Retail 52

Retail Strategy Education IT 52

Strategy+Business

AUGUST 14, 2017

A small but growing number of retailers and restaurants are experimenting with selling their wares through unstaffed kiosks, often linked to apps and e-payment systems.

Retail 53

Retail 53

Strategy+Business

MARCH 1, 2015

How to convert extraordinary behaviors into ordinary parts of your culture.'

Retail 73

Retail Strategy 73

McKinsey

JULY 21, 2021

Blending entertainment with instant purchasing, live commerce offers retailers, brands, and digital platforms a new channel with enormous scope for creating value.

Entertainment 103

Entertainment Retail Strategy 103

SME Strategy

NOVEMBER 27, 2023

John Prothro, the CEO Of Foot Solutions, shares some leadership lessons he learned as an experienced executive and a global foot wellness retailer.

Solution 59

Solution Leadership Retail 59

On The Job

AUGUST 10, 2020

and Canada: Only 14% of companies are on a total hiring freeze as a result of COVID-19, and 40% believe they’ll emerge post-pandemic stronger, with better strategies and tools. Some 48% of respondents in the software industry believe they'll emerge stronger, followed by those in infrastructure (46%), finance (44%) and retail (43%).

Management 137

Management Management Recruitment Retail 137

Strategy+Business

MAY 16, 2018

Findings from a recent PwC Consumer Intelligence Series (CIS) survey of 15,000 global consumers confirm that technology will remain central to retailers' ability to understand and predict customer behavior. But none of these high-tech capabilities would be possible without people.

Retail 40

Retail 40

Let's Grow Leaders

JANUARY 19, 2015

We didn’t need more retail customers, we needed to convert the small business customers that were already coming into our stores to manage their personal accounts. ” the entire strategy changed. When I took over responsibility for 100 or so Verizon Wireless stores our biggest problem was a saturated market.

Accounting 438

Accounting Retail Brainstorming Accomplishment 438