1. Retail's outperformers: Lessons in value creation.
- Author
-
Coggins, Becca and Begley, Steven
- Subjects
ELECTRONIC commerce ,CONSUMER behavior ,INTERNET stores ,VALUE creation ,CAPITAL allocation ,SHADOW banking system - Abstract
This article discusses the challenges and opportunities for value creation in the retail industry. It highlights that a shrinking number of retailers are responsible for most of the value creation, with smaller retailers struggling to compete. However, the analysis of over 280 publicly traded retailers shows that retailers of all sizes can become high-performing value creators through bold action and disciplined execution. The article identifies five common themes among successful retailers, including a well-defined growth strategy, technology investment, customer focus, cost management, and effective capital planning. The authors emphasize that size does not guarantee success and that creating value in retail requires courageous decisions and bold moves. [Extracted from the article]
- Published
- 2024