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Retailers: It s time to move beyond outdated business models
Pay attention to these five areas as you plan for the future, writes Kaufman Rossin s N.K. Trip Tripathy. Published April 20, 2021 Igor Alecsander via Getty Images
Editor s note: The following is a guest post by N.K. Trip Tripathy, leader of Kaufman Rossin s CEO, Board & Shareholder Business Advisory Services practice. Before Kaufman Rossin, Trip served as vice president and CFO of The Limited, president and COO of Macy s Florida and executive vice president and CFO of TJX Companies. Views are the author s own.
Retail was undergoing a transformation even before the COVID-19 pandemic, and the events of the past year have only accelerated this trend, increasing pressure on business leaders to shift their strategic focus to the future.