Tag Archives: CostCutting

With Cost-Cutting Back In Fashion, Macy’s Launches Private-Label Line

retail With Cost-Cutting Back In Fashion, Macy’s Launches Private-Label Line by Sarah Mahoney  @mahoney_sarah, July 20, 2023   Macy’s is redesigning its private brands portfolio, kicking the effort off with On 34th, a women’s apparel and accessories line. While the department store has been cooking up the makeover for the last two years, the launch … Continue reading With Cost-Cutting Back In Fashion, Macy’s Launches Private-Label Line

Brands’ cost-cutting moves are costing them customers

62% of U.S. consumers say they’ll stop buying from brands that engage in shrinkflation. Constantine von Hoffman on July 25, 2022 CPG brands cutting quantity or quality to bolster earnings are enraging customers. Nearly two-thirds of customers (62%) say they’ll stop buying from brands who do this, according to a new Gartner report. More than … Continue reading Brands’ cost-cutting moves are costing them customers

Need to Cut Expenses? Pre-Define Your Agency’s 3 Unique Cost-Cutting Tiers.

Karl Sakas — June 3, 2019 Follow @KarlSakas — June 3, 2019 See how to be strategic about cost-cutting, before it’s too late. Worried your agency’s revenue might look a little shaky? I strongly recommend you pause now to define your agency’s three unique “cost-cutting tiers.” Why? You’ll be really glad you did if you … Continue reading Need to Cut Expenses? Pre-Define Your Agency’s 3 Unique Cost-Cutting Tiers.

Tools and Tactics for Shifting from Cost-Cutting to Business Growth

Jo Lynn DealNovember 1, 2015 The law of diminishing returns tells us that cutting costs with your business will have a positive effect, but there comes a point where the ROI begins to diminish. Is your company too focused on cost-cutting to boost revenue and profit? Cutting back on unnecessary expenses, and re-negotiating costly contracts … Continue reading Tools and Tactics for Shifting from Cost-Cutting to Business Growth