Retail Therapy: Why The Retail Industry Is Broken – And What Can Be Done To Fix It
Almost weekly, the news is full of stories about disappearing retail chains. From House of Fraser and BHS to Toys'R'Us and Sears, recognised names are vanishing overnight – as such large organizations disappear, so the malls, shopping centres, high streets and main streets become emptier and less appealing to visit.
The retail sector is hugely important in terms of job numbers: in the US, it employs around 30 million people (directly and indirectly); in the UK, around 10 million. As such, anything that jeopardises the retail sector will have a deep and lasting impact on millions of lives, as well as on public policy. While many blame the 'Amazon effect', this is an oversimplification. Deeper forces are at work that are changing people's relationships with brands, the balance of power between producers and consumers, and the whole nature of the supply chain that has existed since the industrial revolution.
Retail Therapy offers a comprehensive analysis of these forces and their impact on the world of retailing. More importantly, it presents a cogent analysis of the longer term trends that are shaping retailing, and outlines a clear road map for sustainable success in the future.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
Alibaba Amazon American Annual Report 2017 April areas banks bbc.co.uk Bonobos business rates buying cent centres Chapter 11 bankruptcy China close cnbc.com collapse companies cost create crisis customers debt decline delivery department stores drone drop e-commerce economy Everlane example Facebook fashion February files for bankruptcy files for Chapter FinTech forbes.com fortune.com ft.com funding global going Group growth High Street House of Fraser huge investment January July June large number major retailers malls March Mark Zuckerberg Marks & Spencer Michael Kors Millennials million mobile Mothercare offer owner payments PetSmart profits retail industry retail sales retailers and brands reuters.com revenue Sears Sears Canada sector seen sell Sephora September 2017 share smartphone social media start-up statista.com Steve Jobs supply chain theguardian.com things Toys“R”Us trillion uk.businessinsider.com United Walmart websites younger consumers younger Millennials