Amazon fully expands into the food business, acquiring the health food chain. Whole Foods will remain a separate unit. Interesting to see if helps expand Amazon Fresh’s footprint.
The struggles with Sears is well known, but many other retailers are feeling the pinch, competing in an ever changing industry.
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General Electric says Jeff Immelt is stepping down as CEO and John Flannery, president and CEO of the conglomerate’s health care unit, will take over the post in August. The 61-year-old Immelt will stay …
Interesting article on perks workers underutilize. While many would like to work from home, we probably prefer not to be on call 24 hours a day. Taking advantage of some perks may lead to unflattering office reputations. Achieving work life balance is difficult, determining tradeoffs that make work palatable and life worth living.
A good change for most employees. Many would be willing to work a little more today for a little more time off tomorrow.
Content highlighting ideas to promote real growth and unlock the potential of our workforce and private sector.
Economic prosperity should not be limited to a certain geography or favored industry. It should be available for all.
The global automaker cannot seem to navigate past its defeat device scandal. After settling with US regulators, it now must deal with its domestic government that just raided its headquarters.
Many of the environmental regulations may be too stringent. But, the solution was not to cheat the system. Aside from the fines, Volkswagen is spending much more funds in buying back impacted vehicles. Not even considering the brand impact.
In spite of the illegality, the defeat device is clever. Such cleverness should be used to improve the customer experience, rather than erode trust from its customers. While leaders probably costed in the risks of such a program, the non-monetary costs probably outweigh the benefits gained.
Interesting new addition to Microsoft’s portfolio.
New Amazon shows how the eRetailer aims to improve distribution in the future.
The inevitable might be coming soon, which is unfortunate. Eddie Lambert might be a master of finance, but probably should have brought in people with retail experience and expertise. The iconic retailer is beyond life support.
A big issue with Sears is the in-store experience has not improved. Go into any location and there is a clear disconnect. For instance, Sears welcomes shoppers with greeter pushing home repair, vacations, and other services without any context to the intended purchase. Why would any one purchase any service from a company that may not survive the warranty period?
While the outlook is grim, Sears needs to focus its remaining resources on the customer experience. More efficient checkout lanes. Cleaner stores. Professional and pleasant store associates. Expanding the Shop Your Way points. Also, listen to customers and actually implement change.
Retail is not a desirable market space and its once iconic leader is far from its heyday. There might be time for a turnaround. Maybe not. But, Sears should give itself a chance, rather than simply aiming to starve off its pending death.