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10 Tips For Successfully Opening And Managing Your Retail Store

Strategy Driven

But how can you manage this increase successfully as a store owner? You can see that America had 442,000+ retail stores back in 2019, and these numbers are bound to increase. So, here are a few tips to help you open and manage your retail store in this ever-changing economy: 1.

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The Move To Cashless Transit Shouldn’t Leave People Behind

The Horizons Tracker

While automated payment comes with many benefits for travelers and operators alike, they nonetheless require passengers to have access to smartphones, banking services, and private internet, which is something that is far from universal. Scenario 1—No cash anywhere, adds retail network. Scenario 2—Cash on board, not at TVMs, no retail.

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The Keys To Managing Millennials, Part 2: The Progress Bar Effect

Terry Starbucker

In my last post I introduced Part 1 of my two-part series on the the topic of Managing Millennials (the generation born roughly between 1980 and the mid 90‘s) – Treat Them Like a Celebrity. To recap my two keys to Managing Millennials: 1) Treat Them Like a Celebrity. Front Line Leadership . Guest Post By Adam Tenenbaum.

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Uniqlo’s Bold Move: Addressing Employee Burnout with a 40% Pay Increase

HR Digest

Fast Retailing, the parent company of Japanese fashion chain Uniqlo has announced that it will be raising the pay of its full-time employees in Japan by up to 40%. New store managers in their first or second year in the role will see their pay go up by about 35%. We hope to see more companies following their lead in the coming months.

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Ditch the Monday Morning Commute: How Remote Work Can Benefit Your Employees and Business

HR Digest

As a project manager for a marketing agency, I noticed a significant increase in my team’s productivity when we transitioned to remote work. A survey by Buffer found that 99% of remote workers would like to continue working remotely at least part-time for the rest of their careers.

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Secure leadership for an insecure economy

Chartered Management Institute

Welcome to the insecure economy – and a whole new set of management challenges Jaroslav Chudej CMgr FCMI recalls a particularly alarming moment from his 20-plus year career in the hospitality sector. It also shows the degree of power that sits in the hands of untrained managers. Roles are often offered and operated via apps.

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Leadership at its Peak: How Board Advisor Coaching Shapes Success

N2Growth Blog

Executives receive the necessary tools and techniques to manage their emotions and navigate challenging situations with resilience and composure. Similarly, another multinational organization in the retail sector turned to board advisor coaching to overcome a stagnation in growth and profitability.