Retail is often called the ‘industry that never sleeps’. It’s constantly measuring sales and keeping its finger on the consumer pulse. Today, this core skill is being tested to the limit as retailers fight to get profits back to pre-downturn levels. We can help your retail business profit from the latest technology and retail trends.
How to stay in profit and on trend
Retail is constantly evolving and businesses have to keep up with new ways of selling to stay ahead of the curve. Online shopping is now ‘business as usual’ for retailers – not just a nice-to-have add-on. To stay ahead, companies need to know how to use it to their advantage.
And as well as having rapidly become comfortable online, customers are taking a keener interest in the sustainability practices of the companies they buy from. If you’re agile and handle it correctly, this shift can be another opportunity to grow your business.
At Hay Group we help famous global brands like Wal-Mart, Carrefour, Home Depot, Gap, Macy’s, Abercrombie & Fitch, Lowe’s, Target, Inditex and Sainsbury’s meet challenges just like these.
But whether or not you’re high street name or not, we can help you:
- restructure your organization so you can cope better with rapid change
- develop the best leadership teams for this complex market
- create people and reward strategies that incentivize your employees – while keeping shareholders and the public happy
- use surveys to understand what motivates and engages your employees.
We also have a lot of experience helping companies through difficult economic times and preparing for when the market picks up.
Get in touch
Let us know how we can help and we'll get back to you