Recently in South Memphis, TN, Kroger made an untraditional move in a market to make sure a community it was leaving wasn’t stuck without a place to shop for food. How important is it for grocers and other retailers to take into consideration the impact of leaving a community?
At its hardware event in Seattle last week, Amazon.com introduced a whopping 15 new products linked to its Alexa platform with the apparent goal of being a voice-command away from consumers at any time. What do you think Amazon’s goal is with the Alexa platform?
Who’s the low-price leader? Zulily is — at least that’s what the flash sales site’s management team seems to believe. The online seller announced the launch of a new price comparison tool pitting its prices on like items with Amazon.com and Walmart. Will Zulily succeed in capturing customers from Amazon and/or Walmart during the upcoming holiday season?
Simon Property Group and Rue Gilt Groupe announced yesterday the launch of a joint venture between the two companies to take outlet shopping to new heights online through ShopPremiumOutlets.com. How do you expect the combination of Simon and RGG to fare competing against off-pricers and other retailers competing in the value shopping market online?
On Sunday, Wegmans opened its first store in North Carolina (100th overall) and the crowds, according to the chain, were record-breaking. What accounts for Wegmans popularity with consumers in the markets it serves?
In August, Business Roundtable, the lobbying group composed of the nation’s leading CEOs, controversially updated its corporate governance principles to pledge to work for more than shareholders, and named Walmart’s CEO, Doug McMillon, to guide the effort. What do you think of Business Roundtable’s revised purpose statement and is Doug McMillon the right person to drive the change?
Foot Locker is investing in an online platform that hopes to shake up how sneakerheads relate to the brands they buy. What can Foot Locker hope to get back in terms of ROI from investing in the NTWRK platform?
Retail’s traditional core metrics aren’t channel-agnostic and fail to account for the significantly more choices consumers have in a digitally-enabled economy, Deloitte relates in its “The Future Of Retail Metrics” study. How should retail’s traditional metrics be modernized?
It’s official. After months of rumors, Forever 21 has filed for Chapter 11 bankruptcy protection and announced plans to close up to 350 stores worldwide. The retailer also announced that it has obtained funding to help it in restructuring its business. What will be the keys to Forever 21 turning its business around?
Although “stores of the future” have become increasingly popular, many of them germinate from internal store proof-of-concept labs. The challenge, however, is that they are not real stores. What is the real definition of proof of concept in your mind?
