In 2019, bookstores’ revenues were a shade above what they were 25 years ago, only $10.6 billion, falling from a high of $17.2 billion in 2007, according to the Census data. Amazon doesn’t report its book sales, but Statista puts […]
[…] rumored that, following 20 years of driving book stores out of business, Amazon is now planning to get into the bookstore business. The CEO of mall operations for General Growth Properties, Sandeep Mathrani, commented to “The Wall Street Journal” that […]
[…] come true. Better late than never. With that nearly two-decade old thought in mind, I visited the 6,000 square-foot Amazon Books store in University Village, an upscale, open-air lifestyle mall in northeast Seattle, near the University of Washington’s sprawling urban […]
[…] is a consumer-facing product by the very inside-baseball, industry-driven Hair Construction Co. Through the creation of mega training materials (look- books, videos, step-by-step “recipes,” product recommendations), three-year-old Hair Construction does the heavy lifting for tens of thousands of salons around […]
[…] departure as CEO, are truly astounding. And the one that stands out most is Amazon’s closing of all 66 Amazon Books in the U.S. and two in the United Kingdom. A Vision Lost? No one would argue that Bezos is […]
[…] store on earth by taking on every product and service category within its reach. While Amazon’s first slogan “Earth’s Biggest Bookstore” did describe the business they were in, it did not describe the vision of the business they are becoming. […]
When I first started in the apparel industry, fresh out of college with a BA in Philosophy, I was determined to learn everything I could about how to build a successful apparel brand and business. The concept of quality was […]
It is very dangerous in the 21st century for an aging man to talk about the changing status of women. A few years ago, I wrote a book, \”What Women Want,\” on the topic and then hid under my desk. […]
Retail’s Seismic Shift is the result of extensive research, enriched by many CEO interviews. It’s our answer to what the future holds, as well as to what all consumer-facing businesses must do to transform and succeed in the future. As […]
[…] weeks ago? I’ll remind you. I said the reason Amazon was closing most of their physical retail properties, including its bookstores, after years of fiddling around (testing is what they would call it) was because they simply don’t understand the […]
