LG has been one of the fastest-growing appliance vendor partners for NMG Members over the past five years, growing nearly 3x since 2018. Why? Not only are they continually introducing new products, including laundry and refrigeration units, as well as the Signature Kitchen Suite 48″ French door refrigerator, but the company has also made significant infrastructure investments to support the independent channel. This includes adding more than 1 million square feet of warehouse space by opening several new RDCs, plus increasing the regional sales organization by over 80% in the last two years. Randy Warner and Mike Pechtel share more details on all of these enhancements.
215: Understanding the Cost of Doing Business as an Independent Retailer
What if there was a way to benchmark your business against others in just about every aspect? That’s exactly what NMG’s new Cost of Doing Business study aims to solve.