Why Retailers Should Focus on Value, Personalized Service and the Local Market

Each of these factors alone would have significant impact on the world of retail; the three combined have affected every retail segment. Even Wal-Mart is feeling the impact as its revenues slip and profits fall. While there's no "magic bullet" to address these changes (is there ever?), a deeper examination of these factors brings to light consistent themes and provides a jumping off point to ward off a real quake. There are immediate, low-risk changes that every retailer should consider implementing as soon as possible.