Retail Observer

December 2014

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

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RETAILOBSERVER.COM DECEMBER 2014 58 RO B U Y I N G G R O U P N E W S N ationwide Marketing Group wants to encourage and support the next generation of entrepreneurs and leaders that take the appliance, electronics, and furniture indus- tries into the future. Two years ago, the group began a new program, NeXt Gen, a program that brings these future leaders together and facilitates discussion, learning and networking with top-level industry executives and other resources that better prepare them for the future. NeXt Gen now holds a roster of over 250 younger retailers and vendors. The group gets together for networking receptions at every PrimeTime! trade show and is invited to attend sessions and educational pieces geared towards business practices they might be able to implement in their business, like mobile website design, social media, or the installment of Info-pads. The network events allow the younger generation of retailers to come together and discuss what's working in their business, network with vendors to grow those relationships, and meet with some of the young drivers of initiatives they can relate to. Nationwide designs some of their educational courses to prepare not only the younger retailers to take over, but enable the older family members to embrace change, particularly by letting the younger folks within the business practice more technologically focused initiatives and drive more awareness of the business online, in social media, etc. The group is excited to see how NeXt Gen continues to evolve, ensuring succession planning is in place and their members can continue to own their marketplace. NATIONWIDE'S NEXT GEN INITIATIVE CONTINUES TO EXPAND

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