Amazon recently made the news by publicly announcing that it is targeting hard to sell items, so called Can’t Realize a Profit (CRaP) for removal from its all-powerful sales channel. Such items are believed to be those that have a low revenue for the cost to ship.
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Instacart recently announced a round of funding that evaluates the firm at some $7 billion. That is amazing for a firm whose drivers are presumably not employees and that holds no real inventory but sells food. It may seem like a naïve question, but what does Instacart do exactly? I know it delivers food, but […]
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A few days ago, the Chicago chain of grocery stores, Treasure Island Foods, announced that it is closing. The store has been a Chicago institution for some 55 years, serving urban areas with mostly small format stores, filled with both common and hard to find items. Julia Childs once called Treasure Island Foods, “America’s most […]
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Big Food…Big Problems This week, the CEO of Campbell’s announced that she is stepping down. The storied firm of 149 years also announced a review of its portfolio, including soup, and its future as a stand-alone company. The challenges at Campbell’s are also being seen in other Big Food firms, like Kraft, Mondelez, PepsiCo, Coca […]
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Digital Strategy, Innovation, Leadership
Retail Lessons from Toys R US – Competing in the Digital and Amazon World! Toys R Us and the related Babies R US announced that they are filing for bankruptcy. How Toys R Us got to this point and how they hope to get out are great lessons for retailers competing in the digital and […]
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Product Branding Challenges in Winner Take All Business: Products As Services At the turn of the past century, the dominant retailer was Sears Roebuck and Company of Chicago, Illinois. Their famous catalog advertised virtually everything an American family would need. Sears also owned many factories that made the products and branded products as Sears, including […]
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Iceland: Economic and Business Lessons – Fire and Ice This summer, I had the pleasure of visiting Iceland with my family. It is an amazing country in so many ways. In addition to its unmatched natural beauty of mountains, glaciers, seashores, and active volcanoes, visiting offers some great lesson in economics and business. Iceland Has […]
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Analytics, Big Data, Big Data and Analytics, Digital Strategy
5 Take Aways from the Amazon Acquisition of Whole Foods
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