by stevenpdennis | Jan 18, 2021 | Being Remarkable, Collapse of the Middle, E-commerce, Innovation
Earlier this month, as part of a previously disclosed three-year store closure plan, Macy’s announced it would shutter an additional 45 locations this year. Like most of its moderate department store brethren, Macy’s has gone from being a highly productive,...
by stevenpdennis | Dec 10, 2020 | Being Remarkable, Remarkable Retail
“To my mind the old masters are not art; their value is in their scarcity.” – Thomas A. Edison Before the age of digital disruption, scarcity played in a big role in determining retail’s winner and losers. Sure, having a compelling value...
by stevenpdennis | Aug 4, 2020 | Being Remarkable, Embrace the Blur, Harmonized Retail
Despite the relentlessly bleak news of sales declines, store closings and retail bankruptcies, Tractor Supply Company not only reported strong quarterly sales but announced plans to open 75 to 80 new brick-and-mortar locations. While clearly benefitting from some...
by stevenpdennis | Jul 17, 2020 | Being Remarkable, Innovation, Leadership
Oh sure, maybe we’re ready for the easy stuff. Ready to leave for work, make dinner, hop in a Lyft, do the laundry, pay the credit card bill. But the work that matters, that enlivens the spirit, that changes us, our tribes, and the world around us? That’s a whole...
by stevenpdennis | Jun 29, 2020 | Being Remarkable, Disruption, Innovation
The bullets that killed RadioShack, Sports Authority, KB Toys, Sharper Image, and many other once iconic brands were fired long before their respective downward spirals of cost cutting and store closings began. They weren’t legislated out of existence. Consumer...
by stevenpdennis | May 27, 2020 | Being Remarkable, COVID-19, Harmonized Retail
The Relevancy Imperative is not a Jason Bourne novel turned into a cinematic action thriller—though with this report that Jeff Bezos might ride in on his white horse to save the day, perhaps truth will turn out to be stranger than fiction. Instead, while Wall Street...