Celebrate Columbus! Columbus Named 1st Smart City Why Columbus? COLUMBUS, OH – U.S. Transportation Secretary Anthony Foxx announced today [6/24/16] that Columbus, OH has been selected as the winner of the U.S. Department of Transportation’s (U.S. DOT)’s Smart City Challenge. As winner of the Challenge, Columbus will receive up to $40 … Continue reading
Game ON Ohio … Kroger posts 1st qtr. 2016 Results X Achieved 50thconsecutive quarter of positive identical supermarket sales growth, excluding fuel [12.5 years … Amazing!] Now offeringClickList and ExpressLane online ordering services in 25 markets [Kroger’s competitive response to Amazon’s Ohio market entry.] Kroger CFO’s comment during 1st qtr. analyst’s call “During the quarter, trips per household … Continue reading
x Tracking the bet! X Setting the Base Line In my previous June 6th blog, I pointed out that Amazon was making a $1 billion investment in the Columbus, Ohio market and attempted to provide a rationale for that investment as well as the competitive risks for traditional brick and mortar retailers. Using Prosper Insights … Continue reading
Why is Amazon spending $1 billion in Columbus, Ohio?
“We can’t be a $400 billion retailer without a strong consumables business.” Jeff Bezos
Non-Innovation l Innovation l Re-Innovation Reframing the Mental & Business Model “It’s not necessary to change … if survival is not mandatory!” Innovation, a single 10 letter word with billions of dollars of implication. Managers today have, basically, three strategic Innovation options: Non-Innovation Re-Innovation Innovation Non-Innovation is one option. Simply put: ‘It’s not necessary … Continue reading
‘At first, Fan Hui thought the move was rather odd. But then he saw its beauty.’
Back in 1969, the world’s largest retailer, Sears Roebuck and Company, decided to build the world’s tallest building in Chicago, IL – Sears Tower. About that time, Sam Walton decided to start building a lot of retail stores. Sears at one time did over 1% of the U.S. gross national product in retail sales. Today … Continue reading
Today, Eddie Lampert is doing the necessary work to unwind what’s left of Sears’s former assets, in my opinion. He is not a “Venture Capitalist”, he is a “Vulture Capitalist”. He will, in an orderly fashion, dismantle Sears. And that’s probably OK.
Echo and other products that are sure to be developed, show how increasingly difficult it will be for legacy media form factors to remain relevant as a marketing communication strategy.