Six secrets of unleashing the power of retail media
Mckinsey and Company
MAY 18, 2023
Retail media networks are booming, but increasing innovation is spurring competition. Here’s how to unlock the true potential of retail media.
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Mckinsey and Company
MAY 18, 2023
Retail media networks are booming, but increasing innovation is spurring competition. Here’s how to unlock the true potential of retail media.
Mckinsey and Company
MAY 17, 2023
Persistent inflation and shifting consumer preferences will test grocery retailers across the region. Four imperatives—supported by investments in advanced analytics—could be critical to keeping pace.
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Retailers are facing the possibility of persistent inflation—but they can meet that challenge in ways that streamline operations, retain customers, and drive profitable growth.
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The Power of Storytelling in Risk Management
Mckinsey and Company
JULY 29, 2022
New research reveals which aspects of the employee experience matter most to US frontline retail workers. Retailers must pay attention and act quickly or risk losing more than half their store staff.
CFO Dive
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The retail giant is focusing on in-store technology and logistics improvements and positioning stores as distribution points for online shopping.
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With inflation at record highs throughout Europe, retailers are under more pressure than ever. Those that act quickly and follow a holistic playbook can be well positioned to thrive.
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A survey of more than 30,000 consumers and 100 grocery CEOs reveals the challenges—and opportunities—that grocery retailers face today.
Mckinsey and Company
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The current model of universal retail banking is unsustainable over the long term. To thrive, banks need to reinvent themselves, focusing on businesses where they can achieve and extend market leadership in the new digital world.
Mckinsey and Company
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Retail media networks are transforming the advertising landscape and boosting top retailers’ bottom lines. Our latest survey helps debunk five mistaken beliefs about RMNs.
CFO Dive
APRIL 25, 2023
Walmart, Amazon and especially Target have already been taking market share from the struggling home goods retailer for quite some time.
Mckinsey and Company
MARCH 22, 2023
As consumer spending shifts online, many traditional retailers have been caught flat-footed. Retail media networks hold huge promise— but retailers need to seize the opportunity.
Mckinsey and Company
AUGUST 9, 2022
Sellers typically control what retail marketplaces charge for their products, but retailers have options to keep pricing competitive—and customers loyal.
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Although the path to decarbonization remains unclear, retailers can prepare by better understanding how costs could be distributed along the value chain.
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Airline retailing could be worth $40 billion by 2030—a new report gives insight on how airlines can maximize this opportunity.
Mckinsey and Company
OCTOBER 17, 2022
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Nordstrom’s CFO is stepping down as retail financial leaders battle profit pressures, a glut of inventory and rising costs.
Mckinsey and Company
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What does purposeful growth look like in the retail sector? Two former Nike executives share the company’s secret formula for serving customers with its shift to digital, direct-to-consumer model, and sustainability.
Mckinsey and Company
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Retailers should take note. Korea’s emerging Gen Z consumers want food that’s convenient, varied, and ethically and environmentally friendly.
Navigator SAP
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The retail industry is growing exponentially year-over-year, partially due to the substantial profit margins that attract investors.
Mckinsey and Company
JULY 5, 2022
Traditional retailers can join the boom in online shopping and digital commerce through retail media networks—a fast-growing profit stream.
Navigator SAP
SEPTEMBER 23, 2022
The past couple of decades have seen massive transformations in the retail industry—from purely brick-and-mortar stores to online shopping, to dynamic and innovative customer experiences in both online and physical spaces. And as society and technology evolve, things will continue to change in the retail landscape.
Mckinsey and Company
SEPTEMBER 14, 2022
Despite significant investment in omnichannel expansion, retailers in China are struggling to convert this into improved financial performance.
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Navigator SAP
SEPTEMBER 8, 2022
However, advancements have allowed small businesses access to these benefits, including small retail software like SAP. ERPs—Enterprise Resource Planning solutions—were first created as tools to manage inventory and quality control in large manufacturing organizations.
Mckinsey and Company
MARCH 6, 2023
Retailers must become more consumer-centric, experiential, sustainable, and diverse than they’ve ever been, says the department store veteran and former managing director of Selfridges.
Mckinsey and Company
APRIL 21, 2023
A recent McKinsey survey shows broad, unmet consumer demand for climate-linked financial products—but will financial institutions provide the education consumers require and the differentiated offerings needed to win this space?
CFO News
MAY 17, 2023
According to the report, a total of six bids have been received for the final round of bidding for Future Retail from lesser-known companies. Realty firm Space Mantra has bid the highest for the company, meanwhile, the five other applicants have bided for parts of Future Retail.
CFO Dive
NOVEMBER 22, 2022
Consumers will be relying on credit cards, their savings and heavy discounts in what is shaping up to be an uncertain season for retailers.
Navigator SAP
JULY 9, 2022
For instance, consumer product organizations can use SAP Business ByDesign in Retail. While you can get a system with essential features right out of the box, you can also tailor it to fit your business based on the industry that you’re in.
Mckinsey and Company
JANUARY 27, 2022
Here’s what you need to know about the changing face of demand, dynamics and disruption in the sector, and the implications for retailers and consumer-packaged-goods players alike. The grocery market in India has evolved considerably in the past decade.
CFO News Room
DECEMBER 1, 2022
While many retailers are discounting, canceling orders and otherwise scrambling to get rid of a glut of goods filling their stores and warehouses, some are embracing their higher inventory levels. . Oftentimes in retailing, customers face stockouts,” Mr. Gaur said. “If Discount retailers. Merchants including. Walmart Inc.
Mckinsey and Company
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Organizations face an urgent need to overhaul their tech architecture and operating model to keep pace with the changing landscape. Five concrete actions can accelerate the transformation journey.
CFO Dive
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based retail chain B&M European Value Retail is tapping Mike Schmidt to serve as CFO and executive director as top companies pull out more incentives to snare financial executives.
Barry Ritholtz
NOVEMBER 25, 2022
It’s Black Friday and you know what that means: Lots of promotional sales and lots of holiday retail spending forecasts. Holiday retail sales have averaged an increase of 4.9% The post Grinch: Ignore Black Friday Retail Forecasts appeared first on The Big Picture. billion and $960.4 Last year’s holiday sales grew 13.5%
CFO Dive
APRIL 25, 2022
As some retailers extend lead times and amass inventory to manage delays, they're also building sourcing relationships beyond China and Vietnam.
CFO News
MAY 18, 2023
Retailers across the country have reported a moderate growth of 6% in April 2023 as compared to the sales levels during the same period in April 2022. This growth is in line with the trend seen in previous months, with growth of 23% in April 2022 and 41% growth when compared to sales level in April 2021 (Y-O-Y).
CFO News Room
SEPTEMBER 23, 2022
Retailers and their finance chiefs are facing a challenge balancing consumer expectations for discounts and the need to keep raising prices to offset high inflation. Major retailers including. Last month, the average discount at such retailers was 16%, up from 15% a year earlier, UBS said. Macy’s Inc., Walmart Inc. Target Corp.
Mckinsey and Company
MARCH 30, 2022
Retailers must be prepared to take bold actions and keep investing in key areas such as online, new profit pools, analytics, sustainability, and people.
CFO News Room
NOVEMBER 27, 2022
Many big retailers are discounting heavily and earlier this holiday season to clear excess stock from their shelves and warehouses. That mismatch has created what finance chiefs and analysts are calling “a highly promotional environment,” which has already weighed on the margins of some large retailers. Porter said.
CFO News
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And as it did through 2022, banks were quick to charge retail borrowers more on loans for buying cars, homes or vacations. By contrast, the pace of transmission was positively more circumspect for corporates seeking credit, which is more often than not priced in line with a lender's internal weighted average cost of capital.
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Qurate Retail Group is tapping its SVP James Hathaway, a 25-year PepsiCo alum, to act as interim CFO in the latest of a series of executive moves aimed at bolstering revenue and strengthening customer relationships.
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