Retail Observer

November 2023

The Retail Observer is an industry leading magazine for INDEPENDENT RETAILERS in Major Appliances, Consumer Electronics and Home Furnishings

Issue link: https://www.epageflip.net/i/1510654

Contents of this Issue

Navigation

Page 45 of 67

RETAILOBSERVER.COM NOVEMBER 2023 46 Riddle has several key goals for NATM, among them a need to improve security levels for members and better collaborative sharing of information between members and vendors. He wants to grow NATM strategically, adding large retailers in new locations – particularly in the Western U.S. Riddle's three primary future objectives for NATM revolve around prioritizing and strategic planning for members and the business they take on to ensure value and adequate representation for all NATM members, a focus on fortifying relationships and cultivating new ones with vendor partners and OEMs, and optimizing member profits. "NATM needs to enhance the value of our membership by exploring all new and possible business opportunities for our members," said Riddle. "We need to build on our existing momentum by helping our members do more with the size, volume, and variety of their products and recognize new potential opportunities in the marketplace. Our members want to see more attention paid to the POS data and analytics of their products and businesses which we intend to provide; this is what will build trust among our members while preserving the security and integrity of their critical operational information." The September conference saw over 400 attendees including the group's 10 regional members, OEMs, vendors, and retailers. NATM members represent retail outlets selling goods to consumers that A NEW RETAIL LANDSCAPE

Articles in this issue

Links on this page

Archives of this issue

view archives of Retail Observer - November 2023