This is the second of the two post series on fighting the retail slowdown[first post here]. We will touch upon three core areas- Alliances, Consumer behavior and focus on Private Labels.
Alliances:
In the current scenario retailers should be on lookout for opportunities to partner with foreign retailers as it could possibly bring in the much needed capital and expertise. The relationship could involve joint contribution by parties with shared control /ownership and has some degree of exclusivity attached to it. Retailers can also consider entering into an alliance with
A retailer from the same channel, A retailer from a different channel, Vendors, Back-end service providers like third (more…)