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Posteado por arfanho7 el Feb 25, 2024 5:47:34 GMT
If you think of Barnes Noble almost percent of what they sell is seriously affected by the Internet it s all digital goods or digitizable goods. The same is true of media retailers games retailers software retailers. Alvarez If you re being digitized or people just aren t buying your categories anymore then you just have to wind down that business and make it into an appropriate cash flow generator for the shareholders. Basically you are managing to create an attractive annuity for shareholders. Lal It s not just about eliminating the stores but managing the business to maximize cash flow. If done intelligently this can generate a lot of value. Q One piece of advice you give to brick and mortar retailers is to think of their Ukraine Mobile Number List business in terms of TIPS Technology Inventory People Space. What do you mean Lal Those are the four big assets that retailers must optimize. If store based retailers cannot figure out how they can put these assets together efficiently to create a unique and distinctive value proposition for customers these assets will not return their cost of capital. The store will not be attractive to customers and investors will no longer be willing to invest. to ask can I use each of these assets in a distinctive effective and efficient way Q For decades Baby Boomers have driven the economy. Now as you point out Millennials are climbing into the driver s seat. From the retailers perspective how does this change the market Alvarez As people get older they buy less stuff and buy more experiences.
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