Final answer:
A knowledgeable retail broker can offer expert advice and insights to help retailers make informed decisions and strategies for success.
Step-by-step explanation:
If a broker is an experienced retail specialist, they can give a retailer comprehensive market analysis, expert advice on retail trends, and valuable insights into consumer behavior.
With their in-depth knowledge of retail dynamics and skills in negotiation, brokers can assist retailers in making informed decisions to enhance their business operations, tailor inventory to meet consumer demands, and strategize on location placement and marketing approaches.
A retail broker's guidance could significantly contribute to a retailer's success by optimizing the retail mix and maximizing profitability.