People enjoy working from home so much that going back to the office five days a week is no longer an option. Being home more often, consumers prefer to shop local more and want bigger brands to come to them, according to this study. Do you see a significant opportunity for national retailers to open up smaller stores in local neighborhoods?
The year 2023 is going to be better at retail than expected, especially for those companies that appeal to the higher and lower ends of the market. Those catering to the middle will likely have a tough go of it. How do you think the national economy will affect consumer behavior and retail in 2023?
Resale is enormously popular. In fact, secondhand apparel, according to thredUp, is expected to grow 16x faster than the market for new apparel by 2026. Do you agree that resale has the potential to be significantly more profitable in stores than online?
When the Federated Department Stores’ merger with May Department Stores was announced, the deal’s promise was pitched to Wall Street with one word: Big. To what degree can Macy’s struggles be linked back to the decision to consolidate regional nameplates under one national banner and shift away from local buying?
New food ideas and health & wellness both rank highest as concepts that would increase consumers’ visits to the mall, according to an ongoing study from Cushman & Wakefield and WD Partners. Has the pandemic changed what may be necessary to revive traffic at malls in the years ahead?
Given the recent past, “digital first” has become an edict. It’s how the customer thinks and, subsequently, it must also be how we think. How has the definition of being digital first morphed in recent years?
Stores exist in a three-dimensional space, but they are one-dimensional in function. Now, consider Amazon: It not only sells whatever it wants, it does whatever it wants. Amazon is more than The Everything Store — it’s an “anything engine”. Should becoming an “anything engine” be a goal of all or a select group of stores?
Amazon.com’s growth story — unprecedented, immense, rocket-like (choose your superlative) — does not come with a happy ending for most retailers. In summary, Amazon has won. The bigger problem is, it’s just getting started. Does Amazon have any competitive weaknesses?
People who love Walmart, really do love Walmart. That loyalty is built around one theme: price. The bad news is that the people who don’t like Walmart, really don’t like Walmart. What do you think explains the polarized nature of Walmart’s supporters and detractors?
Sometime this year, Amazon.com is predicted to become the biggest apparel retailer in the U.S. But, when it comes to fashion, it’s just not a very good one. What is unique about the competitive challenges Amazon places on its rivals in the apparel category?
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