GDI’s Head Think Tank: "In order to survive in retail, prioritising is key"

In the run-up to the 73rd International Retail Summit, Dr. Johannes C. Bauer, Head Think Tank at the GDI, explains what the crisis in retail means and how to navigate through it.
17 May, 2023 by
GDI’s Head Think Tank: "In order to survive in retail, prioritising is key"
GDI Gottlieb Duttweiler Institute
 

For decades, the retail industry has been facing crisis, with globalisation and digitalisation significantly transforming the sector. The COVID-19 pandemic has led to extreme sales losses and insolvencies in retail. Additionally, there have been increased energy and raw material prices, as well as inflation.

What should the retail industry do in order to survive in the long term? Dr. Johannes C. Bauer, Head Think Tank at GDI, explains in a video:


To learn more about the future of retail, attend the 73rd International Retail Summit, which takes place from 7 to 8 September 2023 at the GDI. Under the theme "Rethink Retail: Be Bold, Stay Focused, Earn Trust.", leading retail experts and researchers will discuss why the ability to focus is one of the most important management competencies in retail. Sign up now!

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