38 min listen
Disruption, Destruction and What Matters Most for Retail Right Now" w/ Brendan Witcher (Forrester)
Disruption, Destruction and What Matters Most for Retail Right Now" w/ Brendan Witcher (Forrester)
ratings:
Length:
47 minutes
Released:
Apr 6, 2021
Format:
Podcast episode
Description
This week we welcome Forrester's Brendan Witcher for a wide-ranging, thought provoking and no holds barred discussion of what's most important right now in retail. Among the topics we explore are what strategies are working best, why it takes a crisis for retailers to innovate, the often critical role of physical stores, and the distinction between "disruption" and "destruction" (and why many retailers should be embracing the latter). Then we move on to our fast-paced weekly segment “Remarkable or Forgettable?” where we give our hot takes on retail headlines, and deem them wow-worthy, best ignored or somewhere in between. This week's big stories include Chewy's earnings, Bed, Bath & Beyond's digital and private label dreams, Kroger's fading tailwind, Nike bids adieu to more wholesale partners, and JC Penney's alleged "green shoots." Brendan Witcher..As Vice President & Principal Analyst with Forrester Research, Brendan Witcher serves business strategy professionals and is globally recognized as a leading authority on consumer behavior, market developments, technology trends, & solution providers in the digital engagement space.With 25 years of experience in leading B2C businesses, and having written more than 150 industry-leading research reports for Forrester, Brendan is a trusted strategic adviser to well over half of U.S. Fortune 100 companies — including 8 of the top 10 — that sit at the forefront of driving innovation and digital transformation.In addition to regularly speaking at industry events, Brendan is sought after frequently for commentary and insights by top media outlets including Bloomberg, CNBC, CNN, NPR, The Economist, Time Magazine, and The Wall Street Journal.Recent ReportsBuilding The Business Case For Omnichannel CommerceIt's Time For Retail Stores To Open Their Doors To The Digital OrgAlign Strategy And Technology To Deliver Next-Gen Personalization********Join us to celebrate the release of Steve's new book.Monday, April 12 at 5pm EST. We'll be joining Trevor Sumner and other retail luminaries for a Remarkable Retail takeover of "This Week in Retail" on Clubhouse.Tuesday, April 13th at 5pm EST. Join us on Zoom for our Virtual Book Launch Celebration with special guests Seth Godin, Sucharita Kodali and many more. Space is limited, so please register here ASAP.To order Remarkable Retail click below.U.S. ResidentsCanadian ResidentsU.K. ResidentsSteve Dennis is an advisor, keynote speaker and author on strategic growth and business innovation. You can learn more about Steve on his website. The expanded and revised edition of his bestselling book Remarkable Retail: How To Win & Keep Customers in the Age of Disruption will be released April 13th and is now available for preorder at Amazon or just about anywhere else books are sold. Steve regularly shares his insights in his role as a Forbes senior contributor and on Twitter and LinkedIn. You can also check out his speaker "sizzle" reel here.Michael LeBlanc is the Founder & President of M.E. LeBlanc & Company Inc and a Senior Advisor to Retail Council of Canada as part of his advisory and consulting practice. He brings 25+ years of brand/retail/marketing & eCommerce leadership experience, and has been on the front lines of retail industry change for his entire career. Michael is the producer and host of a network of leading podcasts including Canada’s top retail industry podcast, The Voice of Retail, plus Global E-Commerce Tech Talks and The Food Professor with Dr. Sylvain Charlebois. You can learn more about Michael here or on LinkedIn.
Released:
Apr 6, 2021
Format:
Podcast episode
Titles in the series (100)
Challengers of the Status Quo with Coresight Research's CEO & Founder Deborah Weinswig: EPISODE SUMMARY Why do so many companies defend the status quo even when it becomes increasingly obvious that their business model is losing customer relevance and remarkability? Why do others think they can cost cut and store close their way to prosperity? In this episode we look at the roots causes of how and why retailers sink into irrelevance and risk a mass extinction event. Then we flip these questions on their head to explore ways to defy conventional wisdom and create a culture of experimentation. Along the way we touch on why "the opposite is risky" and why quitting is often underrated (hint: it has to do with understanding opportunity cost). Nordstrom's Local strategy gets a shout-out, as does Apple's new Express concept. We also dub JC Penney the "world's second longest liquidation sale." Our special guest is Deborah Weinswig, one of retail's leading analysts and thought leaders, and the by Remarkable Retail