Why Not-For-Resale Savings Could be the Key to Unlocking Profitability

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Why Not-For-Resale Savings Could be the Key to Unlocking Profitability

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The COVID-19 crisis has seen retailers become laser-focused on profitability as they search for cost-saving initiatives to combat pandemic-related declines. LogicSource, in partnership with Coresight Research, co-authored a study where they explore how NFR (not-for-resale goods and services) savings represent a substantial opportunity for retailers to unlocking profitability. With analysis from a June 2020 survey of 220 North American Retail & CPG executives, this report includes insights and discussion around the following topics:

  • The negative impact of COVID-19 on business profitability – and the steps that retailers are taking to offset declining profitability
  • The potential of NFR savings to lift profit
  • Three opportunities to capitalize on cutting NFR expenses
  • Barriers to reducing NFR expenses
  • Evaluating NFR and realizing value

 

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