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Beyond Cost-Cutting
Automated tools deliver on customer service and leverage operational efficiencies
Retailers are putting an increased emphasis and value on how and when they use their workforce. And in doing so, they are on the right path, according to research from The Wharton School. The study found the associate payroll was the most important factor in determining revenue. A mere additional dollar (properly applied) on labor could reap rewards of $4 to $28 in return.
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University Commons, Knoxville, Tenn.
CHM has broken ground on University Commons, billed as the first urban, vertical retail complex in Knoxville, Tenn.
The multi-story urban shopping and dining development, located on the former Fulton Bellows site adjacent to the University of Tennessee, will cover 12+ acres, with 211,000 sq. ft. of retail space and parking. Anchored by Walmart and Publix, University Commons will add another 40,000 sq. ft. of smaller shop space once the project is completed.