Retail must prepare before it cuts costs

I was interested to read your news story on Verdict Research’s prediction that the retail workforce will be reduced by 150,000 over the next five years (PersonnelToday.com, 6 June).

Having spent a week in Birmingham at the Retail Solutions Show, it was interesting to see how many people were discussing staff optimisation both in terms of cost control and store execution management.

Getting more from fewer staff at head office and on the shop floor has been on the agenda for some time, as retailers have anticipated a downturn in consumer confidence and spending.

But to service the remaining consumers, they will now have to achieve even greater levels of service and product availability, while continuing to motivate and retain the intelligence in their remaining workforce.

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

Email(Required)

OptOut

From time to time, we will send you emails about selected products, events and services from Personnel Today - but you can choose to opt-out at any time. If you do not wish to receive these emails, please tick this box.

Facebook

This field is for validation purposes and should be left unchanged.

Δ

Before retailers reduce staffing levels, they will need to understand processes to manage and communicate change, and ensure they can cut costs without losing customers.

Bob Skeens
Director, European operations, StorePerform Technologies