The industry is evolving and that, therefore, we must reinvent ourselves to face the giants of online retail. Reinvention is the keyword for what’s to come.
The retail apocalypse has been a staple of the landscape and everything seems to indicate that this situation is likely to drag on for a couple more years.
The use of technology and the new tools that can be implemented in retail will be decisive for a number of decades-old operators to keep their businesses afloat.
Retail companies in the UK have been reporting sustained low sales numbers, and show signs of a slowdown that could be made worse by a hard or no-deal Brexit.
Home improvement is an interesting business: companies work with large volumes of products, so logistics hubs are essential to managing inventory, apart from having employees that actually know what they are talking about and understand the needs of each customer, who often don’t even know what they need.