Now that Santa’s back home, trying to figure out how to get rid of his leftover inventory, with the new year well under way, it’s time for a reality check on what the retail landscape is going to look like […]
2015 A Reality Check Read More »
By Victoria Kulesza, Tiffany Lung, Kei Sato and Daniel Swanepoel At the World Retail Congress in October 2014, a panel of Millennials presented their takes on the Future of Retail. Here is an excerpt of their comments, providing a provocative
Millennials: Retail Experiences Around the World Read More »
It’s coming guys. It’s looming large. And Macy’s $210 million acquisition of the Bluemercury spa and beauty chain indicates that they see it, and are moving on it. And the “it” is the future. While this acquisition was a brilliant
It\’s the Distribution Century, and Macy\’s Gets it Read More »
When Woolworth went out of business and bought its one-way ticket to the great strip mall in the sky, I remember the great outcry from people who reminisced about the good old days of grilled cheese sandwiches and nickel Cherry
The Ultimate In Preemptive Distribution In my co-authored book, The New Rules of Retail, one of the new rules is preemptive distribution. Simply stated, it is defined as distributing a product to reach consumers first, faster and more often than
Shoppable’s “Distributed Commerce” Read More »
The home furnishings business should be hitting…well, home runs right now. The only thing is that it’s not: a couple of bloop singles at best. Housing has rebounded and prices are approaching pre-Great Recession levels. Unemployment continues to drop, and
Homeless in America Read More »
Consumer behaviorists are mulling a new question: Will they swipe, tap, Tweet or text? Whichever they choose, consumers, particularly the much sought after Millennials, are looking for new ways to pay. We’re approaching a tipping point where mobile payment systems,
I don’t know if “weed” is legal yet where CEO Tadashi Yanai, (Tokyo-based Fast Retailing Company, including the Uniqlo brand), or CEO Don Chang, (Los Angeles-based Forever 21) run their companies, but maybe they’re getting delusional on some other substance.
Uniqlo and Forever 21: What Are They Smoking? Read More »
That’s a strange question, and the answer is even stranger: “yes,” at least figuratively speaking. It all has to do with vendor allowances and the revenue bump they give retailers. These allowances are intended to incentivize retailers to better promote
Did Tesco Get Hooked on Drugs? Read More »
The luxury industry may have lost a bit of its luster lately: in 2014, Prada’s third-quarter profits sunk 44%; LVMH sales growth has slowed down; and analysts downgraded their recommendations for some listed companies. There are several reasons for this.
The New Luxury Consumer? Think: Multiple Consumers Read More »
