Many big box stores have been challenged of late, their struggles are real, complicated, and existential. Last century these same retailers won by leveraging their most valuable assets – massive real estate investments, a vast array of other companies’ brands; and a rich legacy of their own. And today, they’re losing to competitors specifically because of these same reasons. Diving into big box retail trends: The key to getting shoppers back into their stores is a combination of losing the worst parts of these traits and leveraging the best.
Hear more of this retail podcast here.