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The Best Practices in Jewelry Retail

Scenario: – Jewellers, especially small and medium enterprises are facing more challenges than ever before. If the objective is to build a sustainable retailing business, then the earlier “gold price increase and arbitrage opportunities” are unlikely to be successful. Retailers must be willing to change, perform or perish is the new language. Whether the challenges pertain to a business plan, retaining the old customers, managing the inventory and improving the stock rotation, motivating the staff in the store, identifying and…