What's happening with Forever 21? What's with the Disney & Target partnership? This post is curated to help tune-out some of the noise and tune into information that matters.
WHAT'S GOING ON IN COMMERCE THIS WEEK?
Forever 21 is debating bankruptCy
Cue pun about it not being forever, etc etc. Like many retailers with multiple locations that are much too large, bankruptcy seems to be in Forever 21's future. It's not surprising when you look to see how big the stores are and how empty they can be when everything isn't on sale. That doesn't mean the brand is going away, but it will help them get rid of stores that are no longer profitable. That just means more empty stores in many malls across America.
Read more on Financial Post
Disney and Target seem to have a great partnership going on
Instead of opening up their own stores across the United States, Disney has opted to share Target's retail space and open up mini stores within the big box stores. It's a smart move for both companies. Target has the same demographic as Disney and it keeps Target different among its competitors. Not only that, but Target will be launching a store within the Disney property in Florida as well. Even though some people are happy with this partnership, others don't think it's a good move and doomed to fail.
Read more on Forbes
Does ecommerce delivery increase carbon emissions?
Many people have tried to say that ecommerce services as a whole are bad for the environment. They say that it increases carbon emissions and isn't sustainable. However, there are people like Robert DeDomenico who say otherwise. He says that the last-mile is most energy-intensive when it's just a person taking their car to get groceries.
Read more on Yahoo! Finance
whole food prices are getting cut again?
Years ago before Amazon bought Whole Foods, it was looked at as a prestige grocery store with prices you could only think of affording. Now, those prices are constantly being slashed and it seems that it's going to be happening again very soon. The price cuts to help expand the customer base was pushed with more price hikes due to rising costs by the suppliers, but that doesn't seem to stop Amazon from looking to it again with the grocery chain.
Read more on CNBC
WHAT'S HAPPENING AT SMITH THIS WEEK
Bigger Hearts. Better Outcomes.
Our world is changing at a faster pace every day. See how we get up every morning to help you navigate this change and position for growth. Watch here
How X-Data will drive the Experience Economy
If you watched #BeLikeRuby, you’ll know that we’re passionate about the heart it takes to win in the experience economy. But how do you quantify “heart”? Read more here
If you’d like to discuss these topics further, SMITH can help.
Whether you need to simplify complex sales, are looking to bring conversation to your customer experience, or ready to deploy intelligent replenishment for your customers, let's have a coffee.