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The New Rules of Retail

Competing in the World's Toughest Marketplace

By (author) Michael Dart, Robin Lewis
Format: Hardback
Publisher: Palgrave Macmillan, Basingstoke, United Kingdom
Published: 9th Sep 2014
Dimensions: w 164mm h 242mm d 23mm
Weight: 462g
ISBN-10: 1137279265
ISBN-13: 9781137279262
Barcode No: 9781137279262
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Synopsis
In The New Rules of Retail , industry gurus Robin Lewis and Michael Dart explained how unprecedented consumer power, enabled by technology and globalization, is revolutionizing retail. They warned that survival in these dynamic times called for a business model based on three distinct competencies: preemptive, perpetual distribution; a neurological customer connection; and total control of the value chain. In the years since that book published, many of their predictions have come true. Now, they revisit timeless case studies like Ralph Lauren and Sears, as well as new additions like Trader Joe's, Lululemon, and Warby Parker, to assess how retailers must continue to evolve in the era of e-commerce, data mining, and tiered distribution. They also identify the five current trends that are currently driving consumer demand, including technology integration and channel consolidation, as exemplified by Jeff Bezos at Amazon. This is a fully revised and updated guide from two proven retail prognosticators.

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