6 Times Last Week Retail Was About People -- Not Tech
Most of the recaps of Retail’s BIG Show, hosted by the National Retail Federation last week, have been focused on technology. But what stood out to me more than always-new technology was a collection of statements from the show about the people who work in retail and the investments the industry makes in them, largely in the name of customer experience.
Why It's Not So Easy to "Make Stores Better"
The current issue of Harvard Business Review is one of the best I can remember. In a retail-focused section, "Curing the Addiction to Growth”, the researchers conclude "mature companies should rely on a strategy that focuses on growing revenues of existing stores faster than expenses”. This sounds rational and easy but, while logical, I’ve found it difficult for 3 reasons.