DO WE LIVE IN A POST RETAIL WORLD?

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Retail has been undergoing a progressive but continuous revolution from city centre to out of town, from on the high street to online, from carefree to ethically led. These organic changes to the face of retail have been precipitated by the huge and systemic impact of supply chain friction caused by the departure from the EU and the profound effect of the Coronavirus pandemic on the place of retail in public life. Survival for retailers demands wholesale change just as substantive as the challenges themselves. But what form should this change strategy take?

 

 

 

GROWRETAIL BUILDS RESILIENCE

 

GrowRetail is a boutique consultancy focused on re-engineering retail strategy and training to maximise performance and profits. Our consultancy experience draws expertise from across the retail marketplace, including FMCG, department stores, supermarkets and spans listed and private-equity owned high street multiples through to family-owned multi-site retailers and focuses this broad understanding of the retail landscape.

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In today’s challenging market conditions, GrowRetail is focused on the development of resilience strategies for its clients to help navigate the shifts in consumer preference and the challenges of the wider economy. Building resilience is the cornerstone of survival and the pathway to enhanced opportunity in new but more challenging times. GrowRetail helps you to build retail resilience from two key areas of consultancy,  positively traversing the landscape of broader retail trends on your business and performance auditing to ensure your existing operation is maximising its potential.

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MARKET TRENDS

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‘‘Shopping in a store is no longer driven by necessity, it’s driven by a sense of discovery and the excitement of finding and experiencing something new’’.

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With GrowRetail's wide expertise, we assist our clients to assess the opportunities in developing retail trends, from the circular economy, buy online, pick up in-store (BOPIS) and the challenge this presents to experiential shopping, how to make bricks and mortar an integral part of the growth to Direct-To-Consumer (DTC) and the importance of putting inclusion, sustainability and purpose at the heart of the retail proposition

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PERFORMANCE AUDIT

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Alongside an evaluation of market trends and opportunities, GrowRetail's resilience strategy’s second component is the detailed performance analysis of your existing business.

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Our performance audit spans considerations including:

> Buying, product selection and securing best terms of business 

> Seasonality, optimised product location and product heroes

> Stock turn, cost of inventory analysis, minimising markdown and maximising margins

> Know your customer profiling, segmentation

> Store layout and return on space analysis

> Preparation and alignment of budgets and targets

> Own label and new product development, category initiatives

> Just in Time delivery customer promotion & logistics

 

 

 

DELIVERING RESILIENCE

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MARKET TREND OPPORTUNITIES + PERFORMANCE AUDIT = MARKET RESILIENCE

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GrowRetail builds resilience into your business through our on-site, hands-on identification of market trend opportunities and performance audit to maximise operational potential. We deliver tailored solutions to suit scale, budget and timelines, from a short report with clear recommendations to improve basic retail operations to hands-on training modules for your staff to improve the interaction between buyer and supplier. And, in its most developed form, we provide a complete resilience strategy for your business founded on our strategise, organise and maximise philosophy.

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NO OBLIGATION PRELIMINARY DISCUSSION

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GrowRetail will undertake a preliminary telephone consultation to assess your particular requirements without charge.  Please call 07823484531 or email contact@growretail.co.uk

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