Integrating and executing a robust retail strategy to improve retail operations and margin
The retail sector in the GCC has experienced steady growth and profitability due to the increase in population and tourism in the last few years. The scope of business has changed the roles for retailers. Retailers face drastic changes in competition and trends from both consumers and competitors. To remain competent in the industry, it is vital for retailers to focus on improving and strengthening their brand across markets as well as improving efficiency and managing spiraling overheads. Improving retail operations and management to increase market share, satisfy customers, attract new ones and maximize retail revenue have become more crucial than ever. Retail
Management will allow participants to explore aspects of retail management: Store Design, In-store Marketing, and Category Management. You will have the opportunity to discover the latest trends and interact personally with experts to garner the knowledge to improve on your retail operations.
Key Topics - Achieving store safety standards compliance through a robust store layout and design
- Improving on shelf-availability through effective planogramme management
- Synchronising value differentiation with the retail management strategy
- Procurement strategy: How not to over buy
- Display space rental: Possible store revenue generator
- Incorporating operation risk management into day-to-day retail operations
