Remove Marketing Remove Operating Expenses Remove Planning Remove Store Operations
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How retail outlets can keep costs down

Retail Focus

According to a recent study, the costliest in-store operating expenses are labour, rent, marketing and energy so these are great places to start when looking to cut costs. Cut Marketing Costs. Lower Your Rent Costs. It may be possible to re-negotiate your lease with the landlord to save costs on rent.

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Extended COVID-19 Crisis Could Force Tailored Brands Into Bankruptcy

Retail TouchPoints

Tailored Brands is taking multiple steps to maintain its operations, including accessing $310 million of additional borrowing from its credit facility; aggressively reducing and deferring operating expenses, capital expenditures and inventory purchases; and seeking extended payment terms with its suppliers, vendors and landlords.

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Ancora Holdings Calls for New Kohl’s CEO and Chairperson Following Rejected Acquisition Offers

Retail TouchPoints

Unfortunately, the facts indicate Kohl’s lacks the right leadership for the exceedingly challenging period ahead — one that will require the Company to reverse high-single-digit sales declines, contain capital expenditures and operating expenses, and immediately optimize fulfillment, marketing and merchandising.”.