Remove Consumer Remove Employee Engagement Remove Management
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Personalization that Consumers Expect Post-Pandemic

Retail TouchPoints

Consumers now look for personalization throughout their interactions with a retailer at multiple touch points. According to McKinsey , it yields 20% higher customer-satisfaction rates, boosts sales-conversion rates by 10% to 15%, and enables an increase of 20% to 30% in employee engagement.

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How LVMH is Nurturing the Next Generation of Luxury Leaders

Retail TouchPoints

Students and early career individuals should possess a proficiency in basic luxury principles, consumer behavior and navigating ambiguity, said Humphrey. While the fundamentals of luxury remain constant, we continually adapt our engagement strategies to reflect current trends and challenges within the industry, she added.

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GMG’s senior HR director on strengthening the company’s retail workforce

Inside Retail

Its all about finding that balance between achieving organisational goals and ensuring the well-being of our employees. Managing large teams and navigating the complexities of the people department has its hurdles, but its incredibly rewarding. What initiatives has GMG introduced to improve employee experience and motivation?

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Business Success Begins with Employee Training and Empowerment

Retail TouchPoints

Customer experience in retail is more important than ever before, but businesses are struggling to meet the expectations of the modern consumer. Just as consumers expect high-quality service when they walk into a store, employees demand respect from their employers and consideration of their wants and needs, both personal and professional.

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Two Thirds of Retailers Turn to AI as £5 Billion Wage Tax Rises Loom, Yet 81% Are Yet to Tap Workforce AI

365 Retail

As British retail and hospitality businesses face significant wage and tax rises, many firmsrecognise the need to improve labour productivity and employee engagement, prompting a growing need for investments in Artificial Intelligence (AI) according to the latest research from Legion Technologies , an innovator in workforce management (WFM).

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6 Keys to Empowering Store Associates During the Holiday Season

Retail TouchPoints

While the NRF has yet to release its total sales projections for the season, its early consumer research reveals that consumers plan to spend an average of $875 this holiday season, in line with the five-year average — and most of that money will be spent online. Put managers front and center. Create digital synergy.

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Determining the ROI of Change

Retail TouchPoints

Facing lingering supply chain issues and constantly changing consumer behaviors, retailers today are looking to large-scale transformations to better understand what customers want — and to deliver on those demands more quickly. And when belts are tightened, change management is often the first thing to go.