Cost reduction to prevent loss / increase profitability:

#retail #costs

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Reducing rent costs -

• Reducing rent, agreements with suppliers,

• Closing loss-making branches

• Closing loss-making activities

• Reducing payroll costs - layoffs / outsourcing

• Realizing / reducing inventory and storage costs / streamlining logistics

• Reducing loss-making activities / sectors

• Creating and increasing demand and partners to increase sales

• Streamlining and focusing order processes, the order chain and inventory management