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Welcome!To The 6th Annual BIG Breakfast
x
2
WELCOME Madeline Kulmar Co-Director, RetailOasis
X
TITLE
subtitle
Richard Facioni
Executive Director
Anna Samkova
Group GM for Digital
Mark Teperson
Chief Digital Officer
Steve Kulmar
Founder
Pippa Kulmar
Co-Director
Rachel Kelly
Head of Sales
John Mullins
Area Vice President
Register your interest for our next world tour
2021
8
THROUGH THE LOOKING GLASS Pippa Kulmar Co-Director, RetailOasis
9
Why, sometimes I've
believed as many as six
impossible things
before breakfast.
TheRedQueen
LET’S START WITH TWO IMPOSSIBLE THINGS
10
Pure Plays
Buying
Traditional
Retailers
B&M: a cost
effective
acquisition
tool
OVER THE LAST 8+ YEARS TRADITIONAL
RETAILERS HAVE BEEN BUYING UP PURE PLAYS
11
12
ACQUIREDINVESTEDDIVESTED
US $15.86B US $4.9B US $26.5B US $9.38B US $77.69
13
ACQUIREDINVESTEDDIVESTED
US $15.86B US $4.9B US $26.5B US $9.38B US $77.69
US$2.08B
US$44.8M
US$318M
Note: for MessagesYes, BevvyUp, Solesociety + DSCO; As well as Grand Junction, Powered Analytics, Demstore and cook.com assumed amount is based on invested amount listed in Crunchbase. Should be used as an estimate only.
US$162.5M
US$NA
US$NA
US$69M
US$100M
US$757.5M
US$333.7M
US$2.4B US$162.5M+ US$69M+ US$1.1B
US$250M
US$250M
THEY HAVE BEEN USING THESE ACQUISITIONS TO CREATE COMPETITIVE ADVANTAGE
14
Lets store associates offer style advice and
personalised product recommendations to consumers
when they’re not in-store
In house stylists at Nordstrom + Nordstrom Local
- using both these locations as Trunk Club
outlets.
Acquired $350M - 2014 Acquired $NA - 2018
Let Nordstrom send personalised text messages and
notifications that consumers can easily make
purchases from. 
Acquired $NA - 2018
15
Personalised shopping has long been our
focus, and it’s something that’s been
core to Nordstrom… To continue to be
successful into the future, we need to
invest in technologies that will enable us
to deliver on those qualities and better
serve customers in a digitally-connected
world.
BrianGill,SVPNordstrom
THE ULTIMATE EXAMPLE OF WHICH IS WALMART
US $514.5B
ACQUIRED INVESTED DIVESTED
TOTAL NO. 22 11 2
US$20.4B+ US$ NA US$ NA
TITLE
subtitle
17
WHO IN TURN ARE ACTING LIKE A VC + A STARTUP
WE’RE ENTERING AN ERA WHERE PURE PLAYS
ARE STARTING TO BUY TRADITIONAL RETAILERS
18
WE’RE ENTERING AN ERA WHERE PURE PLAYS
ARE STARTING TO BUY TRADITIONAL RETAILERS
19
ARGUABLY THIS STARTED WHEN THIS HAPPENED
20
Amazon Bought Wholefoods for $13.7B
NOW WE SEE PURE PLAYS BUYING TRADITIONAL RETAILERS
21
Luxury Fashion Market Place
2015 - $NA 2018 - US$250M 2019 - US$675M
(2020)
22
Browns is Farfetch’s living lab
Then rolled out to third party
brands like Chanel + Thom Browne
AND THEN THIS……
23
Luxury Fashion Market Place
2015 - $NA 2018 - US$250M 2019 - US$675M
(2020)
Clothing rental subscription Pure- Play
Department Store (bought from HBC for $100M)
24
We thought about Lord and Taylor for their
retail locations - we planed to do 30-40 retail
locations across the US…We want Le Tote to
be a utility in every customers life and the
way to do that is to interact with those
customers daily - to pick up clothes, drop off,
try something new...and then buy things
around it. 
RakeshTondon,FounderLeTote
AS PURE PLAYS MATURE THEY’RE LOOKING
FOR STORE NETWORKS TO GROW.
PUSHING US FURTHER INTO THIS ERA OF
CONVERGED COMMERCE
25
B&M THE SOCIAL NETWORK AD KILLER
26
Pure Plays
Buying
Traditional
Retailers
B&M: a cost
effective
acquisition
tool
27
many online brands attract their first tranche of
customers relatively inexpensively, through word of
mouth or other low cost strategies. Where things
start to get ugly is when these brands have to get
more aggressive about finding new and somewhat
different customers to scale.
Forbes
AS PURE PLAYS LOOK TO SCALE THE COST OF ACQUISITION
THROUGH FACEBOOK + GOOGLE GETS UNMANAGEABLE
28
Source: Techcrunch, https://www.forentrepreneurs.com/ecommerce-cac/
Grew revenue + 18%
Spent +46% in marketing
Spends $305 to acquire a
customer to get a $754 sale
Spends $196 to acquire a
customer to get a $443 sale
Spends $75 to acquire a customer
who takes 6 months to pay back
29
As we’re scaling the business instead of
investing money on Facebook, Instagram and
google...the retail locations operate as a
great interaction point. Seeing the brand day
in and out. Acquisition of the customer can
go down dramatically. 
RakeshTondon,FounderLeTote
30
THE DIRECT TO CONSUMER PHENOMENON IS SHIFTING THE STORE TO BE
AN ACQUISITION TOOL
Cezanne GlossierVestiaire Collective The Arrivals
Matches Fabletics Rockets of Awesome
THIS IS RESULTING IN A RISE OF RETAIL AS A SERVICE OPERATORS
31
Merchandise the
product
Provide staff
Instore
Analytics + help
building
database
Access to new
customers
TURN KEY RETAIL EXPERIENCE THAT’S A MORE EFFICIENT WAY TO AQUIRE CUSTOMERS
TWO IMPOSSIBLE THINGS
32
Pure Plays
Buying
Traditional
Retailers
B&M: a cost
effective
acquisition
tool
33
AN INVESTOR’S PERSPECTIVE Richard Facioni Executive Director, Alceon Group
34
MILLENNIALS & GEN Z
ARE REWRITING THE SPENDING RULES
Rachel Kelly Head of Sales & Retail Partnerships,
Afterpay
35
To view this presentation, please contact
Rachel Kelly
rachel.kelly@afterpay.com
36
THE EXPERIENCE ECONOMY Anna Samkova Group GM for Digital, The PAS Group
THANK YOU
1.
RETAIL IS NOT DEAD,
MEDIOCRE RETAIL IS DEAD.
2. NEW RULES.
3. NEW RETAIL.
OVERVIEW
“Strategies which primarily focus on reducing costs
will be less effective than those which are based
on offering products and services in more
innovative ways.”
- Klaus Schwab. The Fourth Industrial Revolution
Nordstrom
Serving customers
on their terms
• “More than half of Nordstrom sales have an online
component and over a one-third of its online sales
involve a store experience.”
• “I’m yet to meet a customer who uses ‘channel’ with
me but analysts do. The challenge is to define what
success is for us, and what it is for the customer.”
• Is channel agnostic: they decided to focus on
customer, rather than channel.
• It ramps up its focus on digital but hardly scaling
back on its brick-and-mortar strategy.
• “The more we can engage with the customer,
the better our business is.”
• It’s easy to get old with your customer.
A conversation with
Eric Nordstrom,
Co-President
Eric’s advise:
“Be a learner, be curious, be humble”
Nordstrom Women’s
Flagship Store
• Signed the lease for the new store in 2012 and it has
taken 8 years to bring to life (last October).
• Sits at the base of the tallest residential building
in the Western Hemisphere.
• Houses the womenswear, children’s collections.
• Provides an array of services:
– A repair shop
– A customisation station
– A stylists’ lounge
– A beauty space
• Nordstrom continues to be a place of discovery, whether online or in store.
• With 7 different eateries, a cocktail bar, face gym and innovative
experiences, Nordstrom is raising the stakes for department stores.
The new location is the most
experiential store Nordstrom has.
NORDSTROM
continued…
___
• The seven-level,
320,000-square-foot
flagship on 57th St
is retail heaven for all.
Designed to help
explore new brands,
it features classic and
up-and-coming
designers, as well
as D2C brands.
At the centre of the shoe floor is The Shoe Bar
– one of the store’s seven restaurant concepts.
“It helps sell things.
We think a lot about
shoes; I don’t know
why it took us so
long to put
drinking and
shoes together,
but it’s a great
combination.”
NORDSTROM
The Shoe Bar
___
“To attract shoppers these days, you have
to do something different and fun.”
It’s the latest attempt by
stores to offer shoppers
an experience they can’t
get online.
Retailers say customers
tend to stay longer and
spend more freely when
they’re drinking.
NORDSTROM
The Shoe Bar continued…
___
Shoe Bar specializes in $17 cocktails with names
like Billionaire and Husband Day care. By 4p.m.
most days, it’s packed.
‘Gimmick’ or ‘genius’
“From a marketing perspective, it’s genius.
It’s a gimmick. Handing someone a cocktail
gets them to spend more, but it’s not a
sustainable way to sell clothes.”
Nordstrom is the largest
employer of Tailors across
North America.
NORDSTROM
Personalisation Studio
___
NORDSTROM
Personalisation in action
___
This merchandise-free store
focuses on services catered
to the NY market:
NORDSTROM
LOCAL
___
• Styling consultations
• Alterations
• Pick up orders
• Easy returns
Styling appointments on offer & can book online.
Digital stylist can help to get the looks together
and upload a personalised style board.
NORDSTROM LOCAL
continued…
___
The company measures the success of each location by
the market share it picks up vs. sales by square meter.
Living in an Amazon world:
New Rules!
__
• What makes Amazon unique is its obsession
with customers, passion for innovation, and
long-term vision.
• Let’s leverage something that Amazon is doing
because it is touching so many parts
of commerce, business, society and culture.
NIKE:
SOHO
APPLE:
Union
Square
NEW
RULES
___
Nike + Basketball Trial Zone: customers are able to shoot
hoops, test basketball shoes and do custom drills with the
guidance of in-store certified athletes.
Customers expect more
than just transacting.
• Offers an immersive theatre
experience that bridges art and
retail: you can touch, smell, eat
and test all products and artwork
onsite.
• Celebrates brand individuality by
featuring each brand’s unique story
within the larger store curation.
RULE # 2 – DIVERSITY
SHOWFIELDS:
The most Interesting
Store in the World
• The new RH store is 90k
square feet spread across
an impressive six floors.
• Employees are armed with
tablets to offer an in-depth
look at inventory and display
different finishes.
RULE # 2 - DIVERSITY
RESTORATION HARDWARE // not just a furniture store
___
RH: WEST PALM BEACH
Opened a restaurant
inside, that just happened
to be a furniture store?!
How can you re-imagine
your stores?
Should be top of mind.
It doesn’t have to be a
purchase destination but
rather an experience.
‘Create partnerships that make
you uncomfortable’
CRATE & BARREL
The furniture and home goods chain
___
• C&B partnered with Cornerstone Restaurant Group to launch a restaurant inside one of its stores.
• His effort resulted in “double-digit growth” and traffic to the store.
GUCCI
The House’s new
concept space in Soho
• A new way to experience
the eclectic and creative
philosophy of the House.
• Theatre in store
(with headphones).
• Curated bookstore.
• Carefully designed interiors.
GUCCI
continued…
Comfortable sofas
give a homely feel
A theatre / presentation
space integrated into
the floor area.
NEIGHBOURHOOD GOODS
A department store for the modern age
___
• The store places a high value
on storytelling and believes
that the story behind the
brands are
as important as the products.
• NG is a new type of department store, featuring an ever-changing
landscape of thoughtful, exciting, and contemporary brands, stories,
and events.
“We strive to be a place for community,
bringing people together to shop, eat,
discover, and learn across our growing
number of stores throughout the country.”
NEIGHBOURHOOD GOODS
continued…
___
A ‘magical’ and ‘immersive’ experience, this first-in-the-city
vision of the legendary purveyor of luxury goods anchors
the Mall in the Sky at Hudson Yards.
• 110 years old, 2k square meters.
• Opened in March’15.
• Located in the new Hudson Yards Mall, provides a
competitive edge with new digital and personal customer
experiences.
NEIMAN MARCUS
Our Vision: Ignite the extraordinary in every individual
___
NEIMAN MARCUS
continued
___
• Modern, bright,
with a serious
investment in branded
concessions, display
and visual
merchandising.
• Quiet air of service,
good digital integration
and a sense of fun.
• Request an associate’s help
• Request sizes & colours
• Change the lighting
• Check out faster
TAP TO GET STARTED
NEIMAN MARCUS
Fitting Room Assistant
___
STEP 1:
Use the scanner below to add
items to your shopping bag.
STEP 2:
Request additional sizes
or colours.
STEP 3:
Send your picks to the register
for a faster checkout.
NEIMAN MARCUS FITTING ROOM ASSISTANT
NEIMAN MARCUS
Personalisation
___
Personalisation services:
Partnering with Google and doubling down on personalisation
initiatives targeting those spending under $10k in stores and online
NEIMAN MARCUS
___
Have customers that spend
around $1m a year: private
fitting rooms, lunches
provided
• It has a strong brand DNA, even though it’s housing multi brands.
Well known for women’s fashion.
• Have around 30% of exclusive brands,
including P.E Nation.
• A business that has chosen to appeal
to their local left bank (an expensive area),
customers and tourists. It has everything
in it.
• The average client is 40-45 years old, local.
Asians, Americans, plus international buyers.
• At the cutting edge of services from musical
classes, graffiti to a mini kindergarten.
PARIS // LE BON MARCHE
___
• Balthazar is a private label
that works very well as it’s
less expensive.
• Famous for a personalised
Champaign area.
• Water wall, from everywhere
in the world.
• Most brands will be
successful if they sell there.
LE BON MARCHE
continued…
___
• More than double their business in the last 7 years:
from 350m Euros to 760m.
• Only focus on operating profit, not sales.
• 10% comp growth a year.
LE BON MARCHE
continued…
___
• Focused on team and customers.
First, invested in people, then spoke
about the customer.
• What makes a department store
successful: to bring something new
and something emotional.
• Concentrate on the need of a French
customer because even when you
travel, you want to experience what
locals do.
A private room for personal shopping experience.
• Reduced the Home department by 30% and profitability went up.
• Created a lot of natural light: the average stay went up by 1 hour.
• Positioned Men’s wear on the ground floor as it’s difficult to drag
men upstairs.
• Created many events: meetings with artists, exhibitions, musical
shows – a reason to visit the store.
• The biggest KPI is a happiness index of the customer and how
to create an emotion, then people will open their wallets.
• Being present makes a difference as the head office is on the
top floor.
• To make it work, you make it an event for the day.
A kindergarten where you can drop
off your kids off for 2 hours whilst
you’re shopping.
LE BON MARCHE
continued…
___
“To be a good retailer, it’s not enough to
focus on experience or product, you need
to create the reasons for customers to
come and visit.”
Selfridges
An iconic part
of retail
GLOSSIER
Beauty products
inspired by real life
• Glossier is a back-to-back basics, digitally native brand that has built a cult following, mainly millennials.
• Grew out of its millennial founder Emily Weiss’s beauty blog “Into the Gloss” in 2010.
• Narrow product range 40 SKUs focus on skincare.
• Glossier’s success is credited to 5Cs:
1. Consumers
2. Content
3. Conversations
4. Co-Creation
5. Community
• Décor is distinctive and on-brand.
• Men can wait in the ‘mobile crèche’
if they’re not trying the makeup themselves…
• There is a mirrored ‘Instagram area’
for the all-important selfies and social
amplification.
GLOSSIER
continued…
“We believe that beauty is about having
fun, wherever you are in your journey.”
TARGET
‘Like Me’
51K Likes | 1.6K Comments | 35K Shares
• Gives you chills, no?
• “Today Oliver stopped me dead
in his tracks and turned back
around to see this picture that
he spotted!
He just stared at it in awe!
He recognized another boy like
him, smiling and laughing on a
display at Target. Oliver sees
kids every day, but he never
gets to see kids like him. This
was amazing!”
• It’s a great reminder of how much
reflecting your customers in all
your marketing channels can be.
The Rise of
Sustainability
• Online resale site ThredUp is partnering with Macy’s, J.C.
Penney and Madewell to sell second-hand merchandise in
stores.
• Nordstrom began selling second-hand apparel, shoes and
accessories online and in its New York flagship store.
• Nordstrom launches the See You Tomorrow initiative.
A new way to attract customers:
Used clothing
The Resale
Business as an
Emerging trend
The $7b resale market is expected to triple in 2023.
• Neiman Marcus collects “preloved” handbags and
jewellery.
• The Kardashians have gotten into the game:
they offload designer apparel on Kardashian Kloset.
• A limited-edition Adidas by Stella McCartney sweatshirt,
the Infinite Hoodie.
• Adidas says in 2020 more than half of the polyester used
in its products will come from recycled waste.
By 2024, it expects to be a 100%.
1.
A shift from selling products to staging
experiences.
2.
Keeping customers engaged
– and coming back.
3.
Provide a solution for consumer’s biggest
concerns.
4.
Malls will become true community centres
with retail playing a less important part.
What would be
the biggest shift
in retail in the
next few years?
• What useful / engaging services will encourage customers
to buy more?
• What’s the second business that could help fuel the first?
• How can an adjacent service help solve more customer problems?
NEW RETAIL
You are in
the services
Business:
You are in the time & effort-saving business:
• Obsess over hunting out moments of waste
or frustration
• Design innovative solutions to remove
friction and hurdles
• There is no industry you can’t enter
in this pursuit.
NEW RETAIL
Shrinking the
thinking
62%
of shoppers
prefer self-service
& self-checkout
to human
interactions.
• Find out what
fascinates customers
about your product.
• Align a learning
experience to your
brand promise.
• Invite the customers
to purposefully slow
down.
“The true
purpose of a
business is to
create and keep
customers.”
NEW RETAIL
You are in
the Education
business
CONCLUSION
• The retail space will be less about retail.
• Stores need to be more experiential and not just
about picking up an item.
• It’s agility, not scale, will define a winning retailer
in the future.
• The biggest change will be the switch to AI.
• Price, convenience, speed or try to distinguish
yourself on service and become remarkable.
79
THE CHANGING ROLE OF THE STORE Mark Teperson Chief Digital Officer, Accent Group
ODE TO STORE



the Store is the physical manifestation of your brand, 

the experience centre for your customers

PARADIGM SHIFT
PARALYSIS
the inability to think beyond
the current framework
a fundamental change in
approach or underlying
assumptions
STORE AS
ACQUISITION
VEHICLE
STORE AS
LAB MEASUREMENT
FROM
CHANNELS
TO MARKETS
STORE AS
DISTRIBUTION CENTRE
STORE AS
ACQUISITION
VEHICLE
The problem (DTC) brands are
trying to solve;

▪ Acquisition costs (CPA’s)
growing faster than sales =
driving up CODB.

▪ Competition intensifies on
google & facebook, channel
efficiency being disrupted.

▪ The hidden cost for DTC brands
is the FREE freight & returns
provided to acquire consumers.
STORE AS LAB
INTELLIGENT RETAIL LAB
STORE AS DISTRIBUTION CENTRE
NORDSTROM LOCAL – WEST VILLAGE
MANHATTAN
WOMENS FLAGSHIP
57TH & BROADWAY
30,000 M2
LOCAL - WEST VILLAGE
250 M2
LOCAL - UPPER EAST SIDE
250 M2
MENS FLAGSHIP
COLUMBUS CIRCLE
4,300 M2
RACK – UNION SQUARE
STORE AS DISTRIBUTION CENTRE
WOMENS
FLAGSHIP
MENS
FLAGSHIP
WEST VILLAGE
LOCAL
EASTSIDE
LOCAL
MIDTOWN
OUTLET
DIGITAL
MEASUREMENT
FROM CHANNEL
TO MARKET
▪ Sales (Channel to Market)
▪ Gross Margin (Allocation leverage)
▪ Acquisition / Retention & Attribution
▪ Supply Chain / Delivery
▪ Salaries & Training
▪ Investment & Depreciation
MANHATTAN
WE MUST CREATE ALIGNMENT
DELIVER EXCELLENCE
FOR CUSTOMERS
DRIVE SUSTAINABLE
PROFITABLE GROWTH
ODE TO STORE



the Store is the physical manifestation of your brand, and
experience centre for your customers, the laboratory for
your innovation and distribution centre for your products.



It is the amplifier of digital reach, 

measured by impact per mile2, not m2.



Mark Teperson

Chief Digital Officer

91
MAKE 2020 THE YEAR OF RETAIL John Mullins Area Vice President, Salesforce
Make 2020 The Year of Retail
John Mullins - Vice President, Commerce Cloud, Asia Pacific.
The Taps, Clicks & Preferences of 500M+ Consumers
>500M Shoppers
Global surveys & mystery shoppingAcross channels and devices
Sleigh Your Christmas Trade
$10.7B
GMV
22% YoY
120M
Orders
28% YoY
3.86B
Shoppers
29% YoY
162B
Messages
17% YoY*
9.75%
Revenue impact
of AI**
55%
of all orders placed
on mobile
10% YoY
73%
of all site visits
made on mobile
10% YoY
*For customers using Marketing Cloud
**For customers using Commerce Cloud Einstein
Unrivaled scale and growth during November and December 2019
164B
Einstein AI
Predictions
192% YoY
4.6M
peak orders
per day
Salesforce 2019 Holiday Insights
November > December?
SHOPPING JOURNEYS ARE MORE DISTRIBUTED AND MOBILE
Today’s Retail Reality - Shopping Moves to the Edge
of online purchases are
made on emerging digital purchase
points like voice and social media
* “State of the Connected Customer,” Salesforce Research, June 2019.
of consumers use
multiple channels to complete a
single transaction*
of consumers feel it’s
easy to buy from a mobile site
Gen Zers are more likely than
silents/baby boomers to use emerging
digital purchase points
millennials and Gen Zers
are interested in shopping with
gaming consoles
Consumers have mobile apps,
on average, to shop
9%
67%
2/3 3
1in 4
3.5x
All Wrapped Up...
The Store Is Key The Store Is Everywhere AI Is Ready For Prime Time
Deliver a great experience.
Bring the shopping to your
customers.
Right products, right shopper,
right time. 

At scale.
Digital has extended bricks &
mortar. Focus on seamless
experience.
Differentiated | Personalised | Nimble
Make 2020 Your Year of Retail
Salesforce Holiday Insights>>
 Connected Shoppers Report>>

100
SURVIVE OR PERISH Steve Kulmar Founder, RetailOasis
The world of retail is full of newness
EQUINOX HOTEL NYC, HUDSON YARDS
THE WELL NYC, FLATIRON DISTRICT
NEIGHBORHOOD GOODS NYC, CHELSEA MARKETS
X
SAKS NYC
BUT THE REAL
LEARNING IS IN THE
EXISTING AND HOW
IT IS EVOLVING…
IT IS NOT THE STRONGEST OF
THE SPECIES THAT SURVIVES
NOR THE MOST INTELLIGENT
THAT SURVIVES.
IT IS THE ONE THAT IS MOST
ADAPTABLE TO CHANGE.
CHARLES DARWIN
IF IT WERE THE STRONGEST OF THE SPECIES TO SURIVE
THEN MACYS & JOHN LEWIS WOULD BE SURVIVING…
YET MACY’S IS FRANTICALLY DOWNSIZING/RESIZING
AND JOHN LEWIS STALLED IN THEIR DIGITAL STRATEGY
IF IT WAS THE MOST INTELLIGENT THEN J.CREW (MICKEY DREXLER)
& VICTORIA SECRET (LES WEXNER) WOULD SURVIVE!
111
WHAT THEIR CUSTOMER REALLY WANTED…
BUT J.CREW MISSED THE SHIFT TO ATHLEISURE/URBAN WEAR
J.CREW OFFER
WHAT THEIR CUSTOMER REALLY WANTED…
AND VICTORIA SECRET MISSED THE SHIFT TO EMBRACING ‘ME’
VICTORIA SECRET OFFER
IT IS THE MOST ADAPTABLE THAT ARE THRIVING...
114
LE BON MARCHE, PARIS
WALMART’S INTELLIGENT RETAIL LAB, LEVITTOWN NY
NORDSTROM LOCAL NYC, WEST VILLAGE
118
STARBUCKS ROASTERY, NYC
SELFRIDGES, UK
WHAT DO ALL THESE ADAPTABLE RETAILERS HAVE IN COMMON?
120
They move
quickly and
decisively,
open to
change
They’re
constantly
moving - non
stop shifting
They think
customer first
They think
Omni
channel -
always
They know
how to build
strong brand
ID
CONSUMER-
LED
OMNI EVOLVINGAGILE
BRAND
LOVE
Multiple big
plays running
simultaneously
BET BIG
TO ADAPT IN OUR RETAIL WORLD YOU MUST…
BeFlexibleCollaborateExperiment
IT IS NOT THE STRONGEST OF
THE SPECIES THAT SURVIVES
NOR THE MOST INTELLIGENT
THAT SURVIVES.
IT IS THE ONE THAT IS MOST
ADAPTABLE TO CHANGE.
CHARLES DARWIN
GroupQ&A
x
Thankyou!
Register your interest for our next
world tour
enquire@retailoasis.com
+61 2 9976 6222

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RetailOasis Big Breakfast 2020

  • 1. Welcome!To The 6th Annual BIG Breakfast x
  • 2. 2 WELCOME Madeline Kulmar Co-Director, RetailOasis
  • 3.
  • 4.
  • 6. Richard Facioni Executive Director Anna Samkova Group GM for Digital Mark Teperson Chief Digital Officer Steve Kulmar Founder Pippa Kulmar Co-Director Rachel Kelly Head of Sales John Mullins Area Vice President
  • 7. Register your interest for our next world tour 2021
  • 8. 8 THROUGH THE LOOKING GLASS Pippa Kulmar Co-Director, RetailOasis
  • 9. 9 Why, sometimes I've believed as many as six impossible things before breakfast. TheRedQueen
  • 10. LET’S START WITH TWO IMPOSSIBLE THINGS 10 Pure Plays Buying Traditional Retailers B&M: a cost effective acquisition tool
  • 11. OVER THE LAST 8+ YEARS TRADITIONAL RETAILERS HAVE BEEN BUYING UP PURE PLAYS 11
  • 12. 12 ACQUIREDINVESTEDDIVESTED US $15.86B US $4.9B US $26.5B US $9.38B US $77.69
  • 13. 13 ACQUIREDINVESTEDDIVESTED US $15.86B US $4.9B US $26.5B US $9.38B US $77.69 US$2.08B US$44.8M US$318M Note: for MessagesYes, BevvyUp, Solesociety + DSCO; As well as Grand Junction, Powered Analytics, Demstore and cook.com assumed amount is based on invested amount listed in Crunchbase. Should be used as an estimate only. US$162.5M US$NA US$NA US$69M US$100M US$757.5M US$333.7M US$2.4B US$162.5M+ US$69M+ US$1.1B US$250M US$250M
  • 14. THEY HAVE BEEN USING THESE ACQUISITIONS TO CREATE COMPETITIVE ADVANTAGE 14 Lets store associates offer style advice and personalised product recommendations to consumers when they’re not in-store In house stylists at Nordstrom + Nordstrom Local - using both these locations as Trunk Club outlets. Acquired $350M - 2014 Acquired $NA - 2018 Let Nordstrom send personalised text messages and notifications that consumers can easily make purchases from.  Acquired $NA - 2018
  • 15. 15 Personalised shopping has long been our focus, and it’s something that’s been core to Nordstrom… To continue to be successful into the future, we need to invest in technologies that will enable us to deliver on those qualities and better serve customers in a digitally-connected world. BrianGill,SVPNordstrom
  • 16. THE ULTIMATE EXAMPLE OF WHICH IS WALMART US $514.5B ACQUIRED INVESTED DIVESTED TOTAL NO. 22 11 2 US$20.4B+ US$ NA US$ NA
  • 17. TITLE subtitle 17 WHO IN TURN ARE ACTING LIKE A VC + A STARTUP
  • 18. WE’RE ENTERING AN ERA WHERE PURE PLAYS ARE STARTING TO BUY TRADITIONAL RETAILERS 18
  • 19. WE’RE ENTERING AN ERA WHERE PURE PLAYS ARE STARTING TO BUY TRADITIONAL RETAILERS 19 ARGUABLY THIS STARTED WHEN THIS HAPPENED
  • 21. NOW WE SEE PURE PLAYS BUYING TRADITIONAL RETAILERS 21 Luxury Fashion Market Place 2015 - $NA 2018 - US$250M 2019 - US$675M (2020)
  • 22. 22 Browns is Farfetch’s living lab Then rolled out to third party brands like Chanel + Thom Browne
  • 23. AND THEN THIS…… 23 Luxury Fashion Market Place 2015 - $NA 2018 - US$250M 2019 - US$675M (2020) Clothing rental subscription Pure- Play Department Store (bought from HBC for $100M)
  • 24. 24 We thought about Lord and Taylor for their retail locations - we planed to do 30-40 retail locations across the US…We want Le Tote to be a utility in every customers life and the way to do that is to interact with those customers daily - to pick up clothes, drop off, try something new...and then buy things around it.  RakeshTondon,FounderLeTote
  • 25. AS PURE PLAYS MATURE THEY’RE LOOKING FOR STORE NETWORKS TO GROW. PUSHING US FURTHER INTO THIS ERA OF CONVERGED COMMERCE 25
  • 26. B&M THE SOCIAL NETWORK AD KILLER 26 Pure Plays Buying Traditional Retailers B&M: a cost effective acquisition tool
  • 27. 27 many online brands attract their first tranche of customers relatively inexpensively, through word of mouth or other low cost strategies. Where things start to get ugly is when these brands have to get more aggressive about finding new and somewhat different customers to scale. Forbes
  • 28. AS PURE PLAYS LOOK TO SCALE THE COST OF ACQUISITION THROUGH FACEBOOK + GOOGLE GETS UNMANAGEABLE 28 Source: Techcrunch, https://www.forentrepreneurs.com/ecommerce-cac/ Grew revenue + 18% Spent +46% in marketing Spends $305 to acquire a customer to get a $754 sale Spends $196 to acquire a customer to get a $443 sale Spends $75 to acquire a customer who takes 6 months to pay back
  • 29. 29 As we’re scaling the business instead of investing money on Facebook, Instagram and google...the retail locations operate as a great interaction point. Seeing the brand day in and out. Acquisition of the customer can go down dramatically.  RakeshTondon,FounderLeTote
  • 30. 30 THE DIRECT TO CONSUMER PHENOMENON IS SHIFTING THE STORE TO BE AN ACQUISITION TOOL Cezanne GlossierVestiaire Collective The Arrivals Matches Fabletics Rockets of Awesome
  • 31. THIS IS RESULTING IN A RISE OF RETAIL AS A SERVICE OPERATORS 31 Merchandise the product Provide staff Instore Analytics + help building database Access to new customers TURN KEY RETAIL EXPERIENCE THAT’S A MORE EFFICIENT WAY TO AQUIRE CUSTOMERS
  • 32. TWO IMPOSSIBLE THINGS 32 Pure Plays Buying Traditional Retailers B&M: a cost effective acquisition tool
  • 33. 33 AN INVESTOR’S PERSPECTIVE Richard Facioni Executive Director, Alceon Group
  • 34. 34 MILLENNIALS & GEN Z ARE REWRITING THE SPENDING RULES Rachel Kelly Head of Sales & Retail Partnerships, Afterpay
  • 35. 35 To view this presentation, please contact Rachel Kelly rachel.kelly@afterpay.com
  • 36. 36 THE EXPERIENCE ECONOMY Anna Samkova Group GM for Digital, The PAS Group
  • 38.
  • 39. 1. RETAIL IS NOT DEAD, MEDIOCRE RETAIL IS DEAD. 2. NEW RULES. 3. NEW RETAIL. OVERVIEW
  • 40. “Strategies which primarily focus on reducing costs will be less effective than those which are based on offering products and services in more innovative ways.” - Klaus Schwab. The Fourth Industrial Revolution
  • 41. Nordstrom Serving customers on their terms • “More than half of Nordstrom sales have an online component and over a one-third of its online sales involve a store experience.” • “I’m yet to meet a customer who uses ‘channel’ with me but analysts do. The challenge is to define what success is for us, and what it is for the customer.” • Is channel agnostic: they decided to focus on customer, rather than channel. • It ramps up its focus on digital but hardly scaling back on its brick-and-mortar strategy. • “The more we can engage with the customer, the better our business is.” • It’s easy to get old with your customer. A conversation with Eric Nordstrom, Co-President Eric’s advise: “Be a learner, be curious, be humble”
  • 42. Nordstrom Women’s Flagship Store • Signed the lease for the new store in 2012 and it has taken 8 years to bring to life (last October). • Sits at the base of the tallest residential building in the Western Hemisphere. • Houses the womenswear, children’s collections. • Provides an array of services: – A repair shop – A customisation station – A stylists’ lounge – A beauty space
  • 43. • Nordstrom continues to be a place of discovery, whether online or in store. • With 7 different eateries, a cocktail bar, face gym and innovative experiences, Nordstrom is raising the stakes for department stores. The new location is the most experiential store Nordstrom has. NORDSTROM continued… ___ • The seven-level, 320,000-square-foot flagship on 57th St is retail heaven for all. Designed to help explore new brands, it features classic and up-and-coming designers, as well as D2C brands.
  • 44. At the centre of the shoe floor is The Shoe Bar – one of the store’s seven restaurant concepts. “It helps sell things. We think a lot about shoes; I don’t know why it took us so long to put drinking and shoes together, but it’s a great combination.” NORDSTROM The Shoe Bar ___
  • 45. “To attract shoppers these days, you have to do something different and fun.” It’s the latest attempt by stores to offer shoppers an experience they can’t get online. Retailers say customers tend to stay longer and spend more freely when they’re drinking. NORDSTROM The Shoe Bar continued… ___ Shoe Bar specializes in $17 cocktails with names like Billionaire and Husband Day care. By 4p.m. most days, it’s packed. ‘Gimmick’ or ‘genius’ “From a marketing perspective, it’s genius. It’s a gimmick. Handing someone a cocktail gets them to spend more, but it’s not a sustainable way to sell clothes.”
  • 46. Nordstrom is the largest employer of Tailors across North America. NORDSTROM Personalisation Studio ___
  • 48. This merchandise-free store focuses on services catered to the NY market: NORDSTROM LOCAL ___ • Styling consultations • Alterations • Pick up orders • Easy returns
  • 49. Styling appointments on offer & can book online. Digital stylist can help to get the looks together and upload a personalised style board. NORDSTROM LOCAL continued… ___ The company measures the success of each location by the market share it picks up vs. sales by square meter.
  • 50. Living in an Amazon world: New Rules! __ • What makes Amazon unique is its obsession with customers, passion for innovation, and long-term vision. • Let’s leverage something that Amazon is doing because it is touching so many parts of commerce, business, society and culture.
  • 51. NIKE: SOHO APPLE: Union Square NEW RULES ___ Nike + Basketball Trial Zone: customers are able to shoot hoops, test basketball shoes and do custom drills with the guidance of in-store certified athletes.
  • 52. Customers expect more than just transacting. • Offers an immersive theatre experience that bridges art and retail: you can touch, smell, eat and test all products and artwork onsite. • Celebrates brand individuality by featuring each brand’s unique story within the larger store curation. RULE # 2 – DIVERSITY SHOWFIELDS: The most Interesting Store in the World
  • 53. • The new RH store is 90k square feet spread across an impressive six floors. • Employees are armed with tablets to offer an in-depth look at inventory and display different finishes. RULE # 2 - DIVERSITY RESTORATION HARDWARE // not just a furniture store ___ RH: WEST PALM BEACH Opened a restaurant inside, that just happened to be a furniture store?! How can you re-imagine your stores? Should be top of mind. It doesn’t have to be a purchase destination but rather an experience.
  • 54. ‘Create partnerships that make you uncomfortable’ CRATE & BARREL The furniture and home goods chain ___ • C&B partnered with Cornerstone Restaurant Group to launch a restaurant inside one of its stores. • His effort resulted in “double-digit growth” and traffic to the store.
  • 55. GUCCI The House’s new concept space in Soho • A new way to experience the eclectic and creative philosophy of the House. • Theatre in store (with headphones). • Curated bookstore. • Carefully designed interiors.
  • 56. GUCCI continued… Comfortable sofas give a homely feel A theatre / presentation space integrated into the floor area.
  • 57. NEIGHBOURHOOD GOODS A department store for the modern age ___ • The store places a high value on storytelling and believes that the story behind the brands are as important as the products. • NG is a new type of department store, featuring an ever-changing landscape of thoughtful, exciting, and contemporary brands, stories, and events.
  • 58. “We strive to be a place for community, bringing people together to shop, eat, discover, and learn across our growing number of stores throughout the country.” NEIGHBOURHOOD GOODS continued… ___
  • 59. A ‘magical’ and ‘immersive’ experience, this first-in-the-city vision of the legendary purveyor of luxury goods anchors the Mall in the Sky at Hudson Yards. • 110 years old, 2k square meters. • Opened in March’15. • Located in the new Hudson Yards Mall, provides a competitive edge with new digital and personal customer experiences. NEIMAN MARCUS Our Vision: Ignite the extraordinary in every individual ___
  • 60. NEIMAN MARCUS continued ___ • Modern, bright, with a serious investment in branded concessions, display and visual merchandising. • Quiet air of service, good digital integration and a sense of fun.
  • 61. • Request an associate’s help • Request sizes & colours • Change the lighting • Check out faster TAP TO GET STARTED NEIMAN MARCUS Fitting Room Assistant ___ STEP 1: Use the scanner below to add items to your shopping bag. STEP 2: Request additional sizes or colours. STEP 3: Send your picks to the register for a faster checkout. NEIMAN MARCUS FITTING ROOM ASSISTANT
  • 62. NEIMAN MARCUS Personalisation ___ Personalisation services: Partnering with Google and doubling down on personalisation initiatives targeting those spending under $10k in stores and online
  • 63. NEIMAN MARCUS ___ Have customers that spend around $1m a year: private fitting rooms, lunches provided
  • 64. • It has a strong brand DNA, even though it’s housing multi brands. Well known for women’s fashion. • Have around 30% of exclusive brands, including P.E Nation. • A business that has chosen to appeal to their local left bank (an expensive area), customers and tourists. It has everything in it. • The average client is 40-45 years old, local. Asians, Americans, plus international buyers. • At the cutting edge of services from musical classes, graffiti to a mini kindergarten. PARIS // LE BON MARCHE ___
  • 65. • Balthazar is a private label that works very well as it’s less expensive. • Famous for a personalised Champaign area. • Water wall, from everywhere in the world. • Most brands will be successful if they sell there. LE BON MARCHE continued… ___
  • 66. • More than double their business in the last 7 years: from 350m Euros to 760m. • Only focus on operating profit, not sales. • 10% comp growth a year. LE BON MARCHE continued… ___ • Focused on team and customers. First, invested in people, then spoke about the customer. • What makes a department store successful: to bring something new and something emotional. • Concentrate on the need of a French customer because even when you travel, you want to experience what locals do. A private room for personal shopping experience.
  • 67. • Reduced the Home department by 30% and profitability went up. • Created a lot of natural light: the average stay went up by 1 hour. • Positioned Men’s wear on the ground floor as it’s difficult to drag men upstairs. • Created many events: meetings with artists, exhibitions, musical shows – a reason to visit the store. • The biggest KPI is a happiness index of the customer and how to create an emotion, then people will open their wallets. • Being present makes a difference as the head office is on the top floor. • To make it work, you make it an event for the day. A kindergarten where you can drop off your kids off for 2 hours whilst you’re shopping. LE BON MARCHE continued… ___
  • 68. “To be a good retailer, it’s not enough to focus on experience or product, you need to create the reasons for customers to come and visit.” Selfridges An iconic part of retail
  • 69. GLOSSIER Beauty products inspired by real life • Glossier is a back-to-back basics, digitally native brand that has built a cult following, mainly millennials. • Grew out of its millennial founder Emily Weiss’s beauty blog “Into the Gloss” in 2010. • Narrow product range 40 SKUs focus on skincare. • Glossier’s success is credited to 5Cs: 1. Consumers 2. Content 3. Conversations 4. Co-Creation 5. Community
  • 70. • Décor is distinctive and on-brand. • Men can wait in the ‘mobile crèche’ if they’re not trying the makeup themselves… • There is a mirrored ‘Instagram area’ for the all-important selfies and social amplification. GLOSSIER continued… “We believe that beauty is about having fun, wherever you are in your journey.”
  • 71. TARGET ‘Like Me’ 51K Likes | 1.6K Comments | 35K Shares • Gives you chills, no? • “Today Oliver stopped me dead in his tracks and turned back around to see this picture that he spotted! He just stared at it in awe! He recognized another boy like him, smiling and laughing on a display at Target. Oliver sees kids every day, but he never gets to see kids like him. This was amazing!” • It’s a great reminder of how much reflecting your customers in all your marketing channels can be.
  • 72. The Rise of Sustainability • Online resale site ThredUp is partnering with Macy’s, J.C. Penney and Madewell to sell second-hand merchandise in stores. • Nordstrom began selling second-hand apparel, shoes and accessories online and in its New York flagship store. • Nordstrom launches the See You Tomorrow initiative. A new way to attract customers: Used clothing
  • 73. The Resale Business as an Emerging trend The $7b resale market is expected to triple in 2023. • Neiman Marcus collects “preloved” handbags and jewellery. • The Kardashians have gotten into the game: they offload designer apparel on Kardashian Kloset. • A limited-edition Adidas by Stella McCartney sweatshirt, the Infinite Hoodie. • Adidas says in 2020 more than half of the polyester used in its products will come from recycled waste. By 2024, it expects to be a 100%.
  • 74. 1. A shift from selling products to staging experiences. 2. Keeping customers engaged – and coming back. 3. Provide a solution for consumer’s biggest concerns. 4. Malls will become true community centres with retail playing a less important part. What would be the biggest shift in retail in the next few years?
  • 75. • What useful / engaging services will encourage customers to buy more? • What’s the second business that could help fuel the first? • How can an adjacent service help solve more customer problems? NEW RETAIL You are in the services Business:
  • 76. You are in the time & effort-saving business: • Obsess over hunting out moments of waste or frustration • Design innovative solutions to remove friction and hurdles • There is no industry you can’t enter in this pursuit. NEW RETAIL Shrinking the thinking 62% of shoppers prefer self-service & self-checkout to human interactions.
  • 77. • Find out what fascinates customers about your product. • Align a learning experience to your brand promise. • Invite the customers to purposefully slow down. “The true purpose of a business is to create and keep customers.” NEW RETAIL You are in the Education business
  • 78. CONCLUSION • The retail space will be less about retail. • Stores need to be more experiential and not just about picking up an item. • It’s agility, not scale, will define a winning retailer in the future. • The biggest change will be the switch to AI. • Price, convenience, speed or try to distinguish yourself on service and become remarkable.
  • 79. 79 THE CHANGING ROLE OF THE STORE Mark Teperson Chief Digital Officer, Accent Group
  • 80. ODE TO STORE
 
 the Store is the physical manifestation of your brand, 
 the experience centre for your customers

  • 81. PARADIGM SHIFT PARALYSIS the inability to think beyond the current framework a fundamental change in approach or underlying assumptions
  • 82. STORE AS ACQUISITION VEHICLE STORE AS LAB MEASUREMENT FROM CHANNELS TO MARKETS STORE AS DISTRIBUTION CENTRE
  • 83. STORE AS ACQUISITION VEHICLE The problem (DTC) brands are trying to solve; ▪ Acquisition costs (CPA’s) growing faster than sales = driving up CODB. ▪ Competition intensifies on google & facebook, channel efficiency being disrupted. ▪ The hidden cost for DTC brands is the FREE freight & returns provided to acquire consumers.
  • 86. NORDSTROM LOCAL – WEST VILLAGE
  • 87. MANHATTAN WOMENS FLAGSHIP 57TH & BROADWAY 30,000 M2 LOCAL - WEST VILLAGE 250 M2 LOCAL - UPPER EAST SIDE 250 M2 MENS FLAGSHIP COLUMBUS CIRCLE 4,300 M2 RACK – UNION SQUARE STORE AS DISTRIBUTION CENTRE
  • 88. WOMENS FLAGSHIP MENS FLAGSHIP WEST VILLAGE LOCAL EASTSIDE LOCAL MIDTOWN OUTLET DIGITAL MEASUREMENT FROM CHANNEL TO MARKET ▪ Sales (Channel to Market) ▪ Gross Margin (Allocation leverage) ▪ Acquisition / Retention & Attribution ▪ Supply Chain / Delivery ▪ Salaries & Training ▪ Investment & Depreciation MANHATTAN
  • 89. WE MUST CREATE ALIGNMENT DELIVER EXCELLENCE FOR CUSTOMERS DRIVE SUSTAINABLE PROFITABLE GROWTH
  • 90. ODE TO STORE
 
 the Store is the physical manifestation of your brand, and experience centre for your customers, the laboratory for your innovation and distribution centre for your products.
 
 It is the amplifier of digital reach, 
 measured by impact per mile2, not m2.
 
 Mark Teperson
 Chief Digital Officer

  • 91. 91 MAKE 2020 THE YEAR OF RETAIL John Mullins Area Vice President, Salesforce
  • 92. Make 2020 The Year of Retail John Mullins - Vice President, Commerce Cloud, Asia Pacific.
  • 93. The Taps, Clicks & Preferences of 500M+ Consumers >500M Shoppers Global surveys & mystery shoppingAcross channels and devices
  • 94. Sleigh Your Christmas Trade $10.7B GMV 22% YoY 120M Orders 28% YoY 3.86B Shoppers 29% YoY 162B Messages 17% YoY* 9.75% Revenue impact of AI** 55% of all orders placed on mobile 10% YoY 73% of all site visits made on mobile 10% YoY *For customers using Marketing Cloud **For customers using Commerce Cloud Einstein Unrivaled scale and growth during November and December 2019 164B Einstein AI Predictions 192% YoY 4.6M peak orders per day
  • 95. Salesforce 2019 Holiday Insights November > December?
  • 96. SHOPPING JOURNEYS ARE MORE DISTRIBUTED AND MOBILE Today’s Retail Reality - Shopping Moves to the Edge of online purchases are made on emerging digital purchase points like voice and social media * “State of the Connected Customer,” Salesforce Research, June 2019. of consumers use multiple channels to complete a single transaction* of consumers feel it’s easy to buy from a mobile site Gen Zers are more likely than silents/baby boomers to use emerging digital purchase points millennials and Gen Zers are interested in shopping with gaming consoles Consumers have mobile apps, on average, to shop 9% 67% 2/3 3 1in 4 3.5x
  • 97. All Wrapped Up... The Store Is Key The Store Is Everywhere AI Is Ready For Prime Time Deliver a great experience. Bring the shopping to your customers. Right products, right shopper, right time. 
 At scale. Digital has extended bricks & mortar. Focus on seamless experience. Differentiated | Personalised | Nimble
  • 98. Make 2020 Your Year of Retail Salesforce Holiday Insights>>
 Connected Shoppers Report>>

  • 99.
  • 100. 100 SURVIVE OR PERISH Steve Kulmar Founder, RetailOasis
  • 101. The world of retail is full of newness
  • 102. EQUINOX HOTEL NYC, HUDSON YARDS
  • 103. THE WELL NYC, FLATIRON DISTRICT
  • 104. NEIGHBORHOOD GOODS NYC, CHELSEA MARKETS
  • 105. X
  • 106. SAKS NYC BUT THE REAL LEARNING IS IN THE EXISTING AND HOW IT IS EVOLVING…
  • 107. IT IS NOT THE STRONGEST OF THE SPECIES THAT SURVIVES NOR THE MOST INTELLIGENT THAT SURVIVES. IT IS THE ONE THAT IS MOST ADAPTABLE TO CHANGE. CHARLES DARWIN
  • 108. IF IT WERE THE STRONGEST OF THE SPECIES TO SURIVE THEN MACYS & JOHN LEWIS WOULD BE SURVIVING…
  • 109. YET MACY’S IS FRANTICALLY DOWNSIZING/RESIZING
  • 110. AND JOHN LEWIS STALLED IN THEIR DIGITAL STRATEGY
  • 111. IF IT WAS THE MOST INTELLIGENT THEN J.CREW (MICKEY DREXLER) & VICTORIA SECRET (LES WEXNER) WOULD SURVIVE! 111
  • 112. WHAT THEIR CUSTOMER REALLY WANTED… BUT J.CREW MISSED THE SHIFT TO ATHLEISURE/URBAN WEAR J.CREW OFFER
  • 113. WHAT THEIR CUSTOMER REALLY WANTED… AND VICTORIA SECRET MISSED THE SHIFT TO EMBRACING ‘ME’ VICTORIA SECRET OFFER
  • 114. IT IS THE MOST ADAPTABLE THAT ARE THRIVING... 114
  • 115. LE BON MARCHE, PARIS
  • 116. WALMART’S INTELLIGENT RETAIL LAB, LEVITTOWN NY
  • 117. NORDSTROM LOCAL NYC, WEST VILLAGE
  • 120. WHAT DO ALL THESE ADAPTABLE RETAILERS HAVE IN COMMON? 120 They move quickly and decisively, open to change They’re constantly moving - non stop shifting They think customer first They think Omni channel - always They know how to build strong brand ID CONSUMER- LED OMNI EVOLVINGAGILE BRAND LOVE Multiple big plays running simultaneously BET BIG
  • 121. TO ADAPT IN OUR RETAIL WORLD YOU MUST… BeFlexibleCollaborateExperiment
  • 122. IT IS NOT THE STRONGEST OF THE SPECIES THAT SURVIVES NOR THE MOST INTELLIGENT THAT SURVIVES. IT IS THE ONE THAT IS MOST ADAPTABLE TO CHANGE. CHARLES DARWIN
  • 124. Thankyou! Register your interest for our next world tour enquire@retailoasis.com +61 2 9976 6222