Retailers facing persistent inflation can take six key actions to adapt: 1) Revisit category strategies by adjusting product mixes to reflect consumer behavior and margin shifts; 2) Improve supply chain visibility and diversify to reduce costs; 3) Implement granular pricing and promotions to protect margins and customer trust; 4) Use advanced sourcing tools to optimize private-label and branded product costs; 5) Rethink store operations to enhance productivity and reduce labor costs; 6) Establish a cross-functional "win room" to manage inflation responses effectively across the business.

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