If you were to ask 10 people their thoughts on the term “supply chain,” you’d likely get 10 different answers as to what it truly means. Businessdictionary.com defines supply chain as: Entire network of entities, directly or indirectly interlinked and interdependent in serving the same consumer or customer. It comprises...
Doom and gloom announcements foretelling the demise of brick and mortar stores never cease, but the data doesn’t support that message. The International Council of Shopping Centers reports that 78% of consumers prefer to shop in-store, and physical stores still generate 94% of total retail sales. Take Wal-Mart. Less than...
Much is made of an e-tailer’s ability to out-serve traditional retailers. Recent programs such as expanded scope of inventory and delivery services at Amazon would seem to be increasing this advantage, but perhaps it depends on the direction you look. There was a time when Domino’s Pizza offered a “30...
You take great pride in the quality and selection of the products provided in your store. You responsibly do all you can to provide safe products to your customers and vet each supplier and the products offered. Imagine a change in your business model that allowed anyone with a product...
The trade war is in full force between the United States and China with the dietary supplement industry on both sides caught in the crosshairs. This war is already having an impact on consumer sentiment and pricing, and while it is likely that the trade war will end at some...
While Amazon began by selling books, the impact the corporation has on the total economic market now affects almost every consumer and business segment in some way. Amazon sells diapers and coffins and just about everything in between. If Amazon doesn’t sell it now, it’s rumored they’ll start soon, as...
Many retailers have been sitting on the fence regarding an entry into the cannabidiol (CBD) market. The confusion is understandable. The market for CBD was emerging long before December 2018 when President Trump signed into law the Agricultural Improvement Act of 2018 (commonly referred to as the 2018 Farm Bill).
Note: The views and opinions expressed here are those of the author(s) and contributor(s) and do not necessarily reflect those of the publisher and editors of WholeFoods Magazine. This column recently covered the Amazon flywheel, and its application to the natural retail space. The concept of the flywheel is a means to...
[vc_row][vc_column][vc_column_text]Note: The views and opinions expressed here are those of the author(s) and contributor(s) and do not necessarily reflect those of the publisher and editors of WholeFoods Magazine. Attention Retailers: Clean up needed on the e-commerce aisle. There’s a collective mess out there and failing to attend to this issue can result...
[vc_row][vc_column][vc_column_text]Note: The views and opinions expressed here are those of the author(s) and contributor(s) and do not necessarily reflect those of the publisher and editors of WholeFoods Magazine. A flywheel is a remarkable physics experiment but an even more remarkable business model. It’s one of the best kept secrets of Amazon’s success...
