Swiss retail is under pressure – but SMEs have flexibility
Rising costs, global platforms and high customer expectations are putting pressure on the Swiss retail sector and smaller retailers in particular. However, SMEs have a key advantage in the retail sector: they can often react more quickly, make more pragmatic decisions and can innovate in areas that provide immediate benefits.
Innovation here doesn’t mean being present on all channels or investing in every new system, as the major players like to do. It’s instead much more important to make conscious decisions about what can be left out and where bold investments in simple, effective solutions can be made.