At a tough time for department stores, new Nordstrom goes big
Department stores have been struggling...there is still a place for them if they can give customers what they’re looking for.
Department stores have been struggling...there is still a place for them if they can give customers what they’re looking for.
"Bricks and mortar retailers thought e-commerce would be a small component and adoption would be slower."
Positioning itself as the inclusive, socially-minded ride-sharing company is a smart move.
“Gogoro will see that in the long term competitors like Lyft and Lime will have longer lasting batteries and better technology."
Instead of investing where they need to most, many retailers have fallen into the price discount trap...
“If they keep attacking the prices and attracting consumers, do they have enough supply of the really high quality that people expect?”
“In logistics, fixing problems is much more expensive than when things were done right the first time.”
“They lived through this with lower income. They had to be more value-oriented. It’s played a role in their temperament and attitude.”
“By placing their products on Amazon’s site, they are helping to legitimize Amazon as a shopping channel in this upscale market."
"The critical role of 'Action Learning' at MIT Sloan...classroom-taught concepts and theories are applied in practice with companies worldwide."