Hints and Tips to Save the High Street
It is clear from reading the Guardian’s article “shoppers desert UK high streets, putting more jobs at risk” that somewhere the planning strategy for many high street chains has gone wrong. There are a number of companies where their presence in the high street is at an end or due to reduce. Obviously there are a number of factors that have given rise to this situation but could better planning have helped? Looking back with hindsight it is all too easy to say what should have happened but of the many hints and tips we advocate there are probably 3 planning tips that might have helped – Prioritise your forecasting (Simply put prioritise where you need to improve), Collaborate to improve accuracy (Companies need collaboration across all departments to get the best planning information) and Use your history wisely (Historical data can help determine trends and seasons affecting your company).