Posts tagged “walmart

5 ways to reinvent retail.

Posted on December 6, 2017

This post is a companion to A Cure for What Ails Big Retail + Getting Experiential Retail Right.  If you love a good experiment, as I do, the last few months in retail should have made you pretty happy. Having now cycled through the classic grief-response phases of Denial (it can’t happen to me); Anger (can’t we put Amazon out of business); Bargaining (continuous discounting + perhaps a new look); and Depression (dithering, procrastination and turning to the usual drugs, like financial engineering); a growing chunk of the retail world has finally reached some sort of Acceptance. But acceptance of what? That one should chuck it all in and sell on Amazon? No. Acceptance of an existential question: what, exactly, is the purpose of a store in…

Consuming pleasures: the S word

Posted on May 17, 2014

  Sale. Funny word, that. For some people, that word is like catnip. When that email plops into that mailbox, eyes light up, plans are made, research is done. (Flights may even be booked.) Then, in the store, or online, there’s a frenzy: hunt, buy, hunt, buy. And who doesn’t want to pay less for something? I am pleased to say that I have bagged a few great bargains in my life…those gold mesh Manolo Blahniks I’d bought for $50 and sprayed black (worn with pleasure for years now) or the better knife set at 50% off. Or the super low fare to London where I had that life changing Christmas holiday. Yes, of course. But a few years ago, as I did my annual wardrobe cull, I realized…