The top objective for retailers in 2012 is to raise profits without selling more items, according to Bjorn Weber from Planet Retail. Not any easy thing to pull off but I think that it's an excellent objective to test every business decision against. If an action does not help you achieve this objective either don't do it, or do it differently. Retailers have moved on from just cutting costs. The obvious reductions have already been made and some cost cutting actually damages profitability, particularly where Read more [...]