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Creativity: The Final Competitive Advantage

Posted June 28, 2016
Posted in Blog, Innovation, Strategy, Trends

  By Doug Stephens   Right now your company is very likely sitting on a corporate asset of immeasurable value. It’s more precious than all the equipment, machinery and buildings you own.   It’s a tool so powerful it could …


The Future Of Retail And The Offline Escape

Posted April 15, 2016
Posted in Blog, Internet Of Things, Marketing, Store Experience, Strategy, Technology, The Future, Trends

By Doug Stephens   In July of 2015 the Coachella Valley Music and Arts Festival hit a milestone. Sales exceeded $84.25 million with 198,000 tickets sold – a record for the event that’s only been in existence since 1999. Attendance …


Want To Survive Amazon? Stop Thinking Like A Retailer

Posted March 30, 2016
Posted in Blog, ecommerce, Marketing, Store Experience, Strategy, Technology, The Future, Trends

By Doug Stephens   At an investor conference in March of this year, Macy’s CEO Terry Lundgren stated that while Amazon may be a threat in apparel sales, it was likely ill-prepared to deal with the realities of online apparel …


The Future Is Bright

Posted March 11, 2016
Posted in Blog, News, The Future

Little did we know, when we started Retail Prophet seven years ago, that we would be on the cusp of a retail revolution! Thanks so much to all our clients, partners and readers who have let Retail Prophet be part of …


Retail And The Economics Of Boredom

Posted February 9, 2016
Posted in Blog, Internet of Things, Shopper Marketing, Store Experience, Technology, The Future, Trends

By Doug Stephens Today’s retailers face a tsunami of problems but none, in my opinion is more deadly than the pandemic of sheer consumer boredom that shoppers are being subjected to. Most retail is just painfully boring. In fact, the majority …