BLOG
TRLC TRAILER
2017/06/05
Joseph

One amazing day of world class retailing experience for retail leaders like you. Register @ http://retailleadersconference.com/

TRLC 2017 TRAILER
2017/06/05
Joseph

The 4th Edition of The Retail Leaders Conference is here. Join the Retail Rebirth Movement. #TRLC, Nigeria 2017. Register Today! http://retailleadersconference.com/

SHIFTS IN SHOPPING DYNAMICS TO MAKE ENDS MEET
2017/06/05
Joseph

Sky rocketing prices in Nigeria, due to inflation at its highest level since 2005, has negatively impacted retailspending, compelling consumers to make drastic changes in what, where and how they shop. The trade off inspend is evident in the shift away from non-essentials like Confectionery (snacks and sweets) and PersonalCare (Health and Beauty) products losing out to Food and Shelf Stable commodities, with consumer purchases focused on immediate consumption and foregoing stocking up. In some instances consumers are also cutting back on the quantities of basic food staples to make ends meet. 

 

Click here to read more

How Govt can transform retail industry in Nigeria- Joseph Ebata
2017/05/20
Joesph

http://www.brandinfo.com.ng/2017/05/how-govt-can-transform-retail-industry.html?m=1

In order for the retail industry in Nigeria to be transformed, the Federal Government has been urged to have a vision and strategy that is retail centric.

 

The President/ Chief Executive Officer of Bervidson Retail Group, convener of ‘The Retail Leaders Conference,’ Mr. Joseph Ebata made this known in an exclusive interview with BRANDINFO.

 

Ebata said that governments at different levels need to formulate policies in order for retail industry in Nigeria to fulfill its potentials.

 

“We need policy that will include retail business studies in our tertiary institution’s curriculum, policy that will improve clearing of goods from the ports, policies that will eradicate multiple taxation, policy on land use reforms to make real estate more accessible to retailers, policies on ease of doing business in Nigeria for foreign investors and policies that will support retail to promote the buy made-in-Nigeria goods,” he said. 

 

When being asked whether Nigeria retail industry is receiving enough support from the banks, Ebata said; “the temptation would be to say no ! As a former Banker, I would say that both retailers and Bankers should engage each other more. Bankers must develop a new mind-set borne out of a thorough understanding of the issues, challenges and opportunities in retail. They must understand the KPIs critical to retail success, how to measure and use in loan assessment. They must be willing to invest in capacity building for retailers that will in turn enhance the ability of retailers to conduct success business operation based on best practices. The bank that is willing to make this investment will ultimately become the bride of the retail industry.”

 

“Retailers on the other hand must engage banks with well thought through demand. They must be willing to invest in themselves and employees to understand what banks are looking for to become comfortable when supporting the retailer. The lip service of being a retail bank must give way to reality.”   

 

While speaking on 2017 Retail Leaders Conference which is the 4th edition, Ebata explained that; “we expect this year’s edition to build on the successes of past editions. Our focus is on galvanising support for the retail industry from all stakeholders, particularly the government.   This year’s conference comes against the backdrop of the current national economic challenge. With the government actively trying to reposition the economy, this Conference will show retail as the key sector that is set to become a key driver of our national economic growth.”

 

NIGERIAN RETAIL INDUSTRY GROWTH SUPPORTING THE ELEPHANT TO DANCE - (Video)
2017/05/19
Joseph

The Nigerian Retail Industry is poised to become an economic power house but there are challenges... Find out how your business can take full advantage of the opportunities available. Visit http://retailleadersconference.com/

 

CONSUMERS REMAIN POSITIVE BUT CAUTIOUS ABOUT SPENDING - (Video)
2017/05/19
Joseph

Join Nielsen as they share data to help retail business plan and strategize for growth. For more, visit http://retailleadersconference.com/

 

WHO NEEDS RETAIL IN NIGERIA'S ECONOMIC AGENDA - (Video)
2017/05/19
Joseph

Find out the importance of the Retail Industry globally and what Nigeria stands to benefit from a well developed Retail Industry. Learn more about your retail business from http://retailleadersconference.com/