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Businesses are not hiring because they have the employees they need to serve their eroded customer base; hiring will only take place when more customers come through the door and it is important to keep in mind workers are customers.
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But soon after, Netflix, Redbox and the cold march of digital progress eroded the customer base at each store.
A customer-value statement reports whether a company's marketing programs are building or eroding the customer base.
Increased competition and the availability of a diverse array of merchandise to populations that had been essentially captive audiences threatened to erode their customer base.
Whereas an income statement gives no indication of churning, a customer-value statement reports whether the company's marketing programs are building or eroding the customer base.
A yearlong run of bad publicity appears to have considerably eroded customers' faith in Credit Suisse.
Sometimes, the synergy programs actually backfire, eroding customer relationships, damaging brands, or undermining employee morale.
Analysts say such short-term discounts can hurt earnings and erode customer loyalty.
A lack of inventory can erode customer loyalty for any organization.
Airlines are concerned that a broad ban on laptops may erode customer demand.
Crushing taxes further eroded the traditional customer base.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com