Strategically driving floor productivity; more sales per sq. ft. in supermarket
A supermarket entrepreneur puts his heart and soul into the supermarket every day. Yet more and more entrepreneurs are seeing profits decline, while sales are barely growing – or even equal to those of three years ago. For many supermarket entrepreneurs, franchisees and larger supermarket chains, margins are under pressure.
The causes are well known: persistently high inflation, rising wage, energy and rental costs. Whereas for years the margin for supermarkets was between 3 and 6 percent, it has fallen sharply in recent years. At the same time, continuous price pressure ensures that price increases are hardly possible. Every percent of market share counts.
The logical question, then, is: how can supermarket floor productivity be improved?
