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5 must to help retailers keep up with consumers via @McKinsey

5 must to help retailers keep up with consumers via @McKinsey | Career Advice and Tips | Scoop.it
The retail industry is more dynamic than ever. US retailers must evolve to succeed in the next decade. A McKinsey & Company article.

Via Farid Mheir
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Farid Mheir's curator insight, November 20, 2013 10:20 PM

McKinsey lays down actions that forward thinking retailer should apply to survive the digital transformation. They include:

  • leverage multi-channel to expand (and thus grow) revenue and profit;
  • cut costs (as digital business are often leaner);
  • reduce real estate (I wrote about that already - physical stores are here to stay but must transform as digital help push certain distribution activities towards eCommerce)
  • leverage digital (data and analytics) for decision making (not looking back but looking forward)
  • rethink assortments and product offering (with Future Shop now selling vitamins and food supplements, I guess all retailers must do that as well!)


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5 Valuable Skills That Translate to Career Advancement

5 Valuable Skills That Translate to Career Advancement | Career Advice and Tips | Scoop.it
Online students looking to advance their careers should keep in mind these 5 vital skills.
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Betts: Networking important for career advancement - The Daily Toreador (registration)

Betts: Networking important for career advancement - The Daily Toreador (registration) | Career Advice and Tips | Scoop.it
Betts: Networking important for career advancement
The Daily Toreador (registration)
The value of creating your own personal network should be a top priority for college students.
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15 Ways to Use Humor to Your Advantage During Your Job Search

15 Ways to Use Humor to Your Advantage During Your Job Search | Career Advice and Tips | Scoop.it
Humor can oftentimes be a great asset when it comes to networking and job seeking. It can help break the ice or add a bit of personality to your interviews.
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Rescooped by Lynda Devon Black from Kickin' Kickers
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When it comes to career advancement, body language counts - TODAY.com

When it comes to career advancement, body language counts - TODAY.com | Career Advice and Tips | Scoop.it
Thinking about wearing that red tie to a meeting with the managing director today? You might want to think again. Body language and...

Via Kickin' Kickers
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3 Career Tips for Young Professionals with Entry Level Jobs - CollegeRecruiter.com (press release) (blog)

3 Career Tips for Young Professionals with Entry Level Jobs
CollegeRecruiter.com (press release) (blog)
Young professionals with entry level jobs can have successful careers by making good decisions.
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