Interview in Retail Update Russia “How to succeed on risky yet potentially rewarding Russian retail market?”
Russian retail consumer electronics market challenges and comments on Technosila, recently offered for sale.
An article in the Inside Fashion Managine about existing opportunities for apparel retailers and brands interesting in doing business in Russia and Eastern Europe.
Reinventing Loyalty with High Tech Green Stamps and Saas.
Moscow, Russia (PRWEB) January 31, 2013
Retail Solutions, a leading European retail advisory and consultancy provider long operating in Emerging Markets intends to meet with select retailers during February, as part of a strategic rollout of an innovative loyalty plan that leverages current social media and technology. The initial launch will be in the Russian market and eventually Western markets including the United States. Retail Solutions brought discounting to Central Europe which began the retail development explosion on the continent beginning with Kmart Europe and transforming into Tesco Europe, and fully understands the sales uplift capability of re-inventing traditional retail marketing efforts based on new technology.
Managing Director of Retail Solutions Art Vartanian commented:“At Retail Solutions, we are pleased to be launching this innovative loyalty program to retailers in Russia. As technology continues to transform the way consumers shop and interact with retailers, an opportunity exists to dramatically revamp customer loyalty from “Green Stamp” retailing days.The Russian market is the ideal launching pad for a new venture that relies on state of the art technology.”
Patrick Hopper, Partner of Retail Solutions stated,“For brick and mortar retailers to remain competitive with ecommerce retailing, a re-examination of it’s advertising spend will be at the forefront. Reallocating this spend to drive customer loyalty and attract customers using social media will be an area that needs to be addressed to reduce thereliance on the current sale driven mentality. Cloud technology coupled with social media enables reinvention of customer loyalty.”
RETAIL SOLUTIONS was founded in 2002 to provide professional advisory and consulting services for retail companies and banks, funds, private equity parties that invest in retail. Services are targeted to chain store retailers and are broken down into five general categories; Big Picture Retail, Retail Operations, Financial and Partnering. Retail Solutions primarily operates in Russia, Czech Republic, Slovak Republic, with partnerships in Armenia and Romania.
Retail Solutions Relocates To Regus Office in Moscow
PRAGUE, CZECH REPUBLIC AND MOSCOW, RUSSIA (PRWEB) JANUARY 31, 2013
Retail Solutions, a leading European retail advisory and consulting provider, has relocated its offices in Moscow to Smolensky Passage, Smolenskaya Square 3, a Prestigious Shopping and Business Center. The office center operated by Regus, is located in one of the finest facilities in Moscow having recently been totally renovated with high end retail shops and now home to many prominent businesses within the complex. This move stems from Retail Solutions unprecedented growth in the last year and will enable Retail Solutions to maintain closer contact with its customers.
The new office is located close to Retail Solutions former location, but more properly accommodates for the international growth experienced over the past few years with Retail and Banking clients beyond both Russia and the Czech Republic. Over the past few years, Retail Solutions has outgrown the current office space and now requires increased size and global flexibility that the Regus concept offices offer.
Despite the economic woes of today, Retail Solutions continues to grow, and has experienced an increase demand throughout the region. The new office structure with Regus accommodates Retail Solutions global approach to accessible office space with maximum flexibility. This deal enables Retail Solutions to utilize all the benefits of the Regus facilities, including access to a large conference center which will cater to the companies needs working with clients of all types as well as accommodate those in other markets across Russia, Central and Eastern Europe. Read more>
Retail Solutions looked at offices in the biggest center “Moscow City” however, believes Regus with its global reach is better suited to match the growth experienced by Retail Solutions. For this reason, Retail Solutions has chosen a simpler solution, which better fits are business model, clients and their comfort.
Smolensky Passage, Smolenskaya Square 3, Moscow, 121099, Russian Federation
Retail Solutions Office number: T +7 495 792 2468 +7 495 792 2468
ABOUT US:
RETAIL SOLUTIONS was founded in 2002 to provide professional advisory and consulting services for retail companies and banks, funds, private equity parties that invest in retail. Services are targeted to chain store retailers and are broken down into five general categories; Big Picture Retail, Retail Operations, Financial and Partnering. Retail Solutions primarily operates in Russia, Czech Republic, Slovak Republic, with partnerships in Armenia and Romania.
Retail Solutions, a leading European retail advisory and consulting provider, has relocated its offices in Moscow to Smolensky Passage, Smolenskaya Square 3, a Prestigious Shopping and Business Center. The office center is located in one of the finest facilities in Moscow having recently been totally renovated with high end retail shops and now home to many prominent businesses within the complex.
Social Media to Revamp Loyalty Programs in 2013 - Retail Solutions Signs Agreement with Innovative, Cloud Based, Customer Loyalty System for Retailers
Retail Solutions, a leading European retail advisory and consultancy provider long operating in Emerging Markets signed an agreement to establish the strategic rollout of an innovative loyalty plan that leverages current social media and technology. The agreement provides for assistance in the Russian market and strategic launch to Western markets including the United States.
MOSCOW, RUSSIA (PRWEB) DECEMBER 31, 2012
Retail Solutions, a leading European retail advisory and consulting provider, signed an agreement to establish the strategic rollout of an innovative loyalty system that leverages current social media and technology. The agreement provides for assistance in the Russian market and strategic launch to Western markets including the United States. Retail Solutions brought discounting to Central Europe which began the retail development explosion on the continent beginning with Kmart Europe and transforming into Tesco Europe, and fully understands the sales uplift capability of re-inventing traditional retail marketing efforts based on new technology. Read more>
Details of the agreement remain undisclosed although an official announcement is likely to be made public at the start of the new year. Managing Director of Retail Solutions Art Vartanian commented: “At Retail Solutions, we are pleased to be selected to develop the strategic launch of this innovative loyalty program. As technology continues to transform the way consumers shop and interact with retailers, an opportunity exists to dramatically revamp customer loyalty from “Green Stamp” retailing days. The Russian market is the ideal launching pad for a new venture that relies on state of the art technology.”
Patrick Hopper, Partner of Retail Solutions stated “For brick and mortar retailers to remain competitive with ecommerce retailing, a re-examination of it’s advertising spend will be at the forefront. Reallocating this spend to drive customer loyalty and attract customers using social media will be an area that needs to be addressed to reduce the reliance on the current sale driven mentality. Cloud technology coupled with social media enables reinvention of customer loyalty.”
Specific details of this announcement to be released by the first of the New Year.
RETAIL SOLUTIONS was founded in 2002 to provide professional advisory and consulting services for retail companies and banks, funds, private equity parties that invest in retail. Services are targeted to chain store retailers and are broken down into five general categories; Big Picture Retail, Retail Operations, Financial and Partnering. Retail Solutions primarily operates in Russia, Czech Republic, Slovak Republic, with partnerships in Armenia and now Romania.
Social Media As A Solution to Avoiding the Retail Fiscal Cliff - Retail Solutions Signs Agreement With Innovative, Cloud Based, Customer Loyalty System for Retailers
Retail Solutions, a leading European retail advisory and consultancy provider long operating in Emerging Markets signed an agreement to establish the strategic rollout of an innovative loyalty plan that leverages current social media and technology. The agreement provides for assistance in the Russian market and strategic launch to Western markets including the United States. Social Media is key to retailers avoiding their own fiscal cliff.
MOSCOW, RUSSIA (PRWEB) DECEMBER 31, 2012
Retail Solutions, a leading European retail advisory and consulting provider, signed an agreement to establish the strategic rollout of an innovative loyalty system that leverages current social media and technology. The agreement provides for assistance in the Russian market and strategic launch to Western markets including the United States. Retail Solutions brought discounting to Central Europe which began the retail development explosion on the continent beginning with Kmart Europe and transforming into Tesco Europe, and fully understands the sales uplift capability of re-inventing traditional retail marketing efforts based on new technology. Read more>
Details of the agreement remain undisclosed although an official announcement is likely to be made public at the start of the new year. Managing Director of Retail Solutions Art Vartanian commented: “At Retail Solutions, we are pleased to be selected to develop the strategic launch of this innovative loyalty program. As technology continues to transform the way consumers shop and interact with retailers, an opportunity exists to dramatically revamp customer loyalty from “Green Stamp” retailing days. The Russian market is the ideal launching pad for a new venture that relies on state of the art technology.”
Patrick Hopper, Partner of Retail Solutions stated “For brick and mortar retailers to remain competitive with ecommerce retailing, a re-examination of it’s advertising spend will be at the forefront. Reallocating this spend to drive customer loyalty and attract customers using social media will be an area that needs to be addressed to reduce the reliance on the current sale driven mentality. Cloud technology coupled with social media enables reinvention of customer loyalty.”
Specific details of this announcement to be released by the first of the New Year.
RETAIL SOLUTIONS was founded in 2002 to provide professional advisory and consulting services for retail companies and banks, funds, private equity parties that invest in retail. Services are targeted to chain store retailers and are broken down into five general categories; Big Picture Retail, Retail Operations, Financial and Partnering. Retail Solutions primarily operates in Russia, Czech Republic, Slovak Republic, with partnerships in Armenia and now Romania.
Retail Solutions growth continues.
Prague, Czech Republic and Moscow, Russia (PRWEB) January 31, 2013
Retail Solutions, a leading European retail advisory and consulting provider, has relocated its offices in Moscow to Smolensky Passage, Smolenskaya Square 3, a Prestigious Shopping and Business Center. The office center operated by Regus, is located in one of the finest facilities in Moscow having recently been totally renovated with high end retail shops and now home to many prominent businesses within the complex. This move stems from Retail Solutions unprecedented growth in the last year and will enable Retail Solutions to maintain closer contact with its customers.
The new office is located close to Retail Solutions former location, but more properly accommodates for the international growth experienced over the past few years with Retail and Banking clients beyond both Russia and the Czech Republic. Over the past few years, Retail Solutions has outgrown the current office space and now requires increased size and global flexibility that the Regus concept offices offer.
Despite the economic woes of today, Retail Solutions continues to grow, and has experienced an increase demand throughout the region. The new office structure with Regus accommodates Retail Solutions global approach to accessible office space with maximum flexibility. This deal enables Retail Solutions to utilize all the benefits of the Regus facilities, including access to a large conference center which will cater to the companies needs working with clients of all types as well as accommodate those in other markets across Russia, Central and Eastern Europe.
Retail Solutions looked at offices in the biggest center“Moscow City” however, believes Regus with its global reach is better suited to match the growth experienced by Retail Solutions. For this reason, Retail Solutions has chosen a simpler solution, which better fits are business model, clients and their comfort.
Smolensky Passage, Smolenskaya Square 3, Moscow, 121099, Russian Federation
Retail Solutions Office number: T +7 495 792 2468 +7 495 792 2468
ABOUT US:
RETAIL SOLUTIONS was founded in 2002 to provide professional advisory and consulting services for retail companies and banks, funds, private equity parties that invest in retail. Services are targeted to chain store retailers and are broken down into five general categories; Big Picture Retail, Retail Operations, Financial and Partnering. Retail Solutions primarily operates in Russia, Czech Republic, Slovak Republic, with partnerships in Armenia and Romania.
It’s Darwin’s Theory for Companies “Adapt or Perish” - Retail Solutions Shifting Focus To Turnaround Management
Moscow, Russia (PRWEB) December 04, 2012
Retail Solutions, a leading European retail advisory and consulting provider, shifts focus to Turnaround Management as retailers anticipate a challenging environment with continued deterioration of lending conditions and increased non-performing loans in Emerging Europe. A recent survey by the Institute of International Finance shows the credit crisis in Western Economies continues to adversely impact emerging markets.
The uncertainty with the US Fiscal Cliff and the continued struggle and decline in the Euro Zone appears will require retailers to focus attention on operational efficiency during these challenging times. Mr. Vartanian commented,“We look at the retail options from a banking perspective as well as a long term strategic retailer perspective. We then design a solution that gives value to both parties.“
For Retail Solutions, this is an ideal time to stress our services focused on Management Turnaround using our 7 step methodology. This process enables a rapid assessment of the business to create value and provide lenders with increased comfort during an operational turnaround. The steps include: Analysis of Situation, Asset Protection, Stabilization, Strategic Options, Operational Review, Rapid Action Plan, Go Forward.“ The impact we can have on retailers has substantial impact to their results” commented Patrick Hopper, Partner of Retail Solutions.
During times of economic uncertainty, employing an independent third party firm provides additional comfort and guidance for both lenders and retailers during tight credit environments. Retail Solutions has a very strong international retail team that understands the issues facing owners and investors in today’s volatile markets.
ABOUT US:
RETAIL SOLUTIONS was founded in 2002 to provide professional advisory and consulting services for retail companies and banks, funds, private equity parties that invest in retail. Services are targeted to chain store retailers and are broken down into five general categories; Big Picture Retail, Retail Operations, Financial and Partnering. Retail Solutions primarily operates in Russia, Czech Republic, Slovak Republic, with partnerships in Armenia and now Romania.