Those Netflix subscribers with a New Year’s resolution to get in shape can now pursue their fitness goals using exclusive content from one of the biggest names in athletics. Nike has partnered with Netflix on an initiative called the Nike Training Club. What value will Nike derive from its content relationship with Netflix?
A newly recognized practice, “green hushing,” finds brands deliberately downplaying, underreporting or keeping silent about their emissions and carbon-offsetting targets. Do you see more benefits than drawbacks in companies toning down or not openly discussing their green targets?
So many meetings. So little time left to get actual work done. Shopify isn’t having it anymore, at least for the next two weeks as part of a meeting freeze intended to boost productivity. How big an issue are excess meetings in corporate environments?
Bloomingdale’s is going small in Seattle, saying it will open a new Bloomie’s, its small off-mall store concept, this year in University Village in the Ravenna neighborhood, north of the city’s downtown. Do you see the Bloomie’s concept as a smart way for Bloomingdale’s to scale its operations to new markets around the U.S.?
Self-checkout may be quick and convenient, but it is not uncommon for retailers to find that the technology allows an unacceptable level of shrink. To combat the problem, some vendors have been building solutions utilizing computer vision. Is technology the answer to reducing shrink at self-checkout stands?
Falling coronavirus case levels and fewer restrictions drove a strong recovery in spending on experiences in 2022 and they appear to be continuing to take significant discretionary dollars away from retail. How much of a factor has the spending shift toward experiences (i.e., travel, dining out, live events) been on retail in recent months?
According to a recent McKinsey survey of U.S. retail workers, a lack of supportive colleagues was the leading cause of attrition for those 45 and older while ranking as the eighth most important factor for those under 35. Should retention efforts differ significantly for older retail workers versus younger ones?
Amy Hauk is stepping down as CEO of Victoria’s Secret on March 31 after having just been named to lead the lingerie giant in July. Do you expect that Amy Hauk’s planned departure will have an effect on the Victoria’s Secret or PINK businesses?
In a surprise move, Under Armour last week named Stephanie Linnartz, the current president of Marriott International, as its third CEO. What do you think of the hiring of Stephanie Linnartz to guide Under Armour’s next phase of growth?
In a new pilot, Rite Aid Corp. is opening mini-locations in rural areas in order to serve “pharmacy deserts” and underserved communities. Do you see growth opportunities for Rite Aid or other drug chains serving consumers in underserved communities?
