by stevenpdennis | Mar 24, 2021 | COVID-19, Remarkable Retail, Retail's Great Bifurcation
As the pace of vaccinations increases, there is a sense that the worst of Covid-19’s impact will soon be behind us. Yet any notion of being in a truly post-pandemic world, even in a best-case virus mitigation and economic recovery scenario, won’t be fully realized for...
by stevenpdennis | Dec 14, 2020 | COVID-19, Holiday Shopping, Retail's Great Bifurcation
In true Dickensian fashion, this retail holiday shopping season looks to be a tale of two cities. The idea that retail has been bifurcating—that companies, particular product sectors and consumers alike are experiencing increasingly polarized outcomes—is hardly new. I...
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...
by stevenpdennis | May 18, 2020 | Being Remarkable, COVID-19, Innovation
The parade of bankruptcies that is being unleashed–or more accurately, accelerated–by the COVID-19 pandemic will result in vast numbers of store closings, layoffs and other major expense reductions as long-struggling retailers attempt to stave off...
by stevenpdennis | May 14, 2020 | COVID-19, Luxury, Retail
As a former senior executive at the Neiman Marcus Group (though gone for more than a decade now) it certainly filled me with sadness when I heard that the iconic luxury retailer filed for bankruptcy. Though, as I wrote about nearly a year ago, this news is hardly...
by stevenpdennis | May 7, 2020 | COVID-19, Leadership, Retail
Across the United States—and in many hard hit international markets—so called non-essential retail is beginning to reopen. While the precise timing and specific methods of operation vary by geography, the theoretical ability of consumers to traffic physical stores...
