This report by Alvarez & Marsal finds that store-based profit margins have more than halved over the last decade, driven by increasing operating costs and the legacy of inflexible lease structures. This has put a strain on large, multiple retailers that occupy up to 20 percent more store space than they need and can financially justify.
Key points include:
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Focused on what leaders should be prioritising over the next twelve months, advice for first-time CEOs and how Chairs in high-growth businesses can better support their CEOs. Key discussion points include: Pr...
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