retail therapy
Hertz must offload almost 200k cars by year end
A timely example of second-order consequences. Due to the company’s bankruptcy, they have to sell a lot of cars in a hurry. | learn more
Category: retail therapy
retail therapy
In Bangladesh, everything is bought and sold through Facebook
The country is home to over 160 million people. “There is no Amazon. There is no eBay. If you want to buy a dress or a crested finch from the comfort of your home, you have to use Facebook.” | learn more
retail therapy
The history of Cash on Delivery
“Discussing the evolution of the cash-on-delivery system for mailing goods, why it faded out, and where it actually remains in use.” | learn more
retail therapy
The “messy middle” of the purchase journey
From Google’s consumer insights team: “Discover in-depth research on the buyer decision-making process and purchase behaviour, and how you can adapt your strategy to fit the process.” | learn more
retail therapy
How Costco convinces brands to cannibalize themselves
Costco’s private label brand Kirkland Signature launched in 1992 and has been delivering a great product experience ever since, as well as win for manufacturers. “Kirkland products have to be at least 1% better than the equivalent branded products (on […]
retail therapy
14 things to know about Illinois’ cannabis industry
“Illinois does not behave like any other recreational-legal state. Here’s fourteen things to know so you better understand why.” | learn more
retail therapy
Meet the company that sells your lost airplane luggage
“If you’ve ever permanently lost a checked bag, your stuff probably ended up for sale at a store in Scottsboro, Alabama.” | learn more
retail therapy
Retail cannabis sales compared to other markets
It’s bigger than the NBA’s revenue and approaching the size of the wholesale prescription pain medication market. “With revenue of $10.6 billion-$13 billion in 2019, sales of legal adult-use and medical marijuana in the United States topped spending on sleep […]
retail therapy
Why are toys such a bad business?
“Every year, [toy companies] have to a) predict trends, b) invent them, and c) commit capital to them. All without knowing how the rest of the year will turn out. Since toy trends exist, but don’t last for very long, […]
retail therapy
Burger chain turns pioneer for new small business bankruptcy law
Chapter 11 reorganizations are now cheaper and more practical for small businesses. This also seems like an extra reason for founders to avoid signing personal guarantees. “A new law … will make many business owners realize that filing for bankruptcy […]