 Sustainable growth is about enhancing competitive advantage and driving increased shareholder value. This is easy to understand, even easier to say, but difficult to carry out on an ongoing basis. Generating and sustaining significant revenue growth has become a priority for retailers. Following several years of cutting costs and improving controls, the focus of increasing shareholder returns has quickly switched from the bottom line to the top line. This article discusses some of the innovative business opportunities that companies are converting into significant revenue and profit growth. High-growth retailers routinely transform elements of their business model to remain relevant to their customer base and differentiated from the competition. In addition to encouraging and investing in innovative programs, they have a clearly defined strategy and the framework and processes in place to achieve their growth objectives. Companies that demonstrate an ability to deliver on these capabilities will be awarded with a “growth premium” in the marketplace. Read the other reports in our Retail Growth Challenge Framework series. Related Content:
Overview: Retail
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