British department store giant Marks and Spencer will soon join Uniqlo and Sephora as the newest editions to international brands challenging local brands for their piece of the retail pie. With their well-known brand names, steadfast following and viable pricing, global entrants have some local retailers shaking in their boots.
But there are many ways Aussie retailers can hold their own. Here are my top five tips for Australian retailers to stay competitive.
Getting stock from manufacturer to consumer can be a lengthy process and quick consumption by customers cannot happen fast enough.
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