The Limited proved decades ago that the best way to spawn another brand is to do it within your existing, well visited stores. Express from within Limited, Victoria's Secret from within Express and Limited, and Bath and Body Works from within Express. All brands, still around. Now, regardless of...
I don't know, doesn't seem like a fair comparison to me. Walmart's opening up fairly sophisticated stores compared to the dollar store model. The dollar store idea is to grab an old existing space, keep everything in it, fixtures, flooring, lighting, sometimes even signage (!) . . .slap a...
It's a good idea, but nothing will take the place of good "Service DNA." You know, those people at Starbucks and Apple and Nordstrom's and Container Store and Southwest Airlines ... you can't replace them with a device. But again, if you have those people (more importantly, know how...
Talk about losing focus -- what's wrong with becoming the largest retailer in the world? Not a big enough task? Sounds like a bad case of A.D.D. to me. Walmart's no doubt breathing a sigh of relief.
...About time Target woke up to what most retailers (including Walmart) have realized for a while; who's their #1 competitor? Amazon.
Why do them any favors? They certainly don't seem to need any help.
...Brand as a person = good idea.
Brand as a dead person = better idea (Sam Walton, Dave Thomas, Steve Jobs, Ray Kroc, Mozart, Jimmy Dean, George Washington, Bob Evans, Macy's, etc, etc.)
...Whole Foods has shown the grocery industry that actually loving your product can bring strong results. But are they learning? To me, yes, somewhat; you see more demos, videos, 'how to's' and even in some cases, classes. But it still seems forced.
The reason "we love food" is a...
Whoever figures out the quality aspect of this first will win big (just ask Wawa). Having said that, there has been a LOT of brand damage in this sector over the last 30 years that will be tough to overcome. I would not look for instant results because of...
I believe Gap Inc. still has to prove that they can consistently produce and promote fashionable (emphasis on fashion) basics, for all of their customers. Otherwise, running into the likes of Zara, Forever 21, A&F, Uniqlo and H&M on a global basis will be a moot point.
Two fair...
First off, everything's different about a smaller concept; assortment, staff, marketing, building cost ... but the biggest challenge is simply logistics. Think recalibrating the docks of your distribution center, buying new trucks, changing skid size (!), smaller trucks in store ... on and on.
Logistics and the math issue. ...