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RETAIL REBORN PODCAST Retail Reborn Episode 1: How Trauma Transforms the Consumer Psyche. Reilly Stephens 01.05.2021. Blog Retail Reborn Podcast. Via Business of Fashion In Episode 1 of BoF’s new podcast series, Doug Stephens and social psychologist Sheldon Solomon PhD examine the impact of collective traumas like Covid-19 on consumer behaviour.THE STORE IS MEDIA
The Store is Media. By Doug Stephens. Something I’ve spent nearly a decade of my life passionately advocating and exploring is my deeply held belief that physical retail stores are transitioning from being primarily a distribution channel for products to becoming a powerful media channel for branded experiences and stories. 6 BIG IDEAS FOR A NEW DECADE IN RETAIL 6. The Data (finally) Creates Value. If the late 1990’s and early 2000’s were about advancements in consumer data collection, the new decade will be about it’s effective and meaningful deployment. Major retailers will invest tremendously in turning their vast caches of consumer data into actionable strategy. THE FUTURE IS TEMPORARY: RETAILING IN A POP-UP WORLD The Future is Temporary: Retailing in A Pop-Up World. By Doug Stephens. Reebok pop-up store New York City. The concept of pop-up retail has been around for more than a decade. Vacant, a company out of Los Angeles, California is credited with pioneering the concept of pop-up shops in North America, after seeing similar concepts in Tokyo. 5 COMING CRISES IN THE RETAIL MARKET Crisis: Continued Ecommerce Growth Will Force Store Closures. Although ecommerce is still a relatively small percentage of the total retail market, its global pace of growth is close to 20% year on year. For example, in the first quarter of 2014, Amazon.com registered 23% revenue growth while the retail market in general remained virtually WHY RETAIL IS GETTING “EXPERIENCE” WRONG RETAIL PROPHETABOUTWORKSHOPSPODCASTSCONTACTA NEW ERA OF RETAIL IS COMINGTHE RETAIL REVIVAL The Retail Revival. “The Retail Revival captures in sharp detail the deep and unprecedented changes driving new consumer behaviors and values. More importantly, it offers clear guidance to brands and retailers seeking to adapt and evolve to meet entirely new market inperatives for success.”. SPEAKING – RETAIL PROPHET Speaking. When Walmart, Google and BMW wanted to understand the future of retail they, like dozens of other Fortune 500 companies call on Retail Prophet. As one of the world’s most sought after retail speakers, we offer an ever-evolving array of cutting edge and THE FUTURE OF RETAIL: THE DESTINATION IS YOU The Future of Retail: The Destination is You. By Doug Stephens. Since the time of the Roman Empire, retail as a concept, has been about destinations. Whether a small specialty shop, a department store or a website, retail has always meant going somewhere to get something. As retail has evolved over the centuries, each new type of destination THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
RETAIL REBORN PODCAST Retail Reborn Episode 1: How Trauma Transforms the Consumer Psyche. Reilly Stephens 01.05.2021. Blog Retail Reborn Podcast. Via Business of Fashion In Episode 1 of BoF’s new podcast series, Doug Stephens and social psychologist Sheldon Solomon PhD examine the impact of collective traumas like Covid-19 on consumer behaviour.THE STORE IS MEDIA
The Store is Media. By Doug Stephens. Something I’ve spent nearly a decade of my life passionately advocating and exploring is my deeply held belief that physical retail stores are transitioning from being primarily a distribution channel for products to becoming a powerful media channel for branded experiences and stories. 6 BIG IDEAS FOR A NEW DECADE IN RETAIL 6. The Data (finally) Creates Value. If the late 1990’s and early 2000’s were about advancements in consumer data collection, the new decade will be about it’s effective and meaningful deployment. Major retailers will invest tremendously in turning their vast caches of consumer data into actionable strategy. THE FUTURE IS TEMPORARY: RETAILING IN A POP-UP WORLD The Future is Temporary: Retailing in A Pop-Up World. By Doug Stephens. Reebok pop-up store New York City. The concept of pop-up retail has been around for more than a decade. Vacant, a company out of Los Angeles, California is credited with pioneering the concept of pop-up shops in North America, after seeing similar concepts in Tokyo. 5 COMING CRISES IN THE RETAIL MARKET Crisis: Continued Ecommerce Growth Will Force Store Closures. Although ecommerce is still a relatively small percentage of the total retail market, its global pace of growth is close to 20% year on year. For example, in the first quarter of 2014, Amazon.com registered 23% revenue growth while the retail market in general remained virtually WHY RETAIL IS GETTING “EXPERIENCE” WRONG ABOUT – RETAIL PROPHET About Doug StephensFounder, Retail Prophet. Prior to founding Retail Prophet, Doug spent over 20 years in the retail industry, holding senior international roles including the leadership of one of New York City’s most historic retail chains. He is the author of two groundbreaking books, The Retail Revival: Re-Imagining Business forthe New
SPEAKING – RETAIL PROPHET Speaking. When Walmart, Google and BMW wanted to understand the future of retail they, like dozens of other Fortune 500 companies call on Retail Prophet. As one of the world’s most sought after retail speakers, we offer an ever-evolving array of cutting edge and BLOG – RETAIL PROPHET Resurrecting Retail: The Trailer. Reilly Stephens 03.30.2021. Blog Uncategorized. Few crises in modern history have so completely disrupted every aspect of daily life as the Covid-19 pandemic. Every market, industry, profession, service, and category of product was in some way rocked by its impact. Researched in real time from inside thecrisis
CLIENTS – RETAIL PROPHET Clients – Retail Prophet. Retail Prophet is fortunate to work with many of the most recognized retailers and consumer brands in the world. Additionally, we also count a significant number of non-retail businesses among our roster of clients. We work with companies from sectors such as insurance, banking, hospitality, tourism, business to PODCASTS – RETAIL PROPHET Retail Prophet Podcast. Join Doug Stephens, Founder of Retail Prophet and author of Reengineering Retail: The Future of Selling in a Post-Digital World as he explores the fascinating trends, technologies and behaviors shaping the future of retail and commerce. THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
ADVISORY SERVICES
Advisory Services. Retail Prophet advises some of the world’s most respected brands in the exploration, imagination and articulation of cutting edge strategies. Our work runs the gamut from high-level executive sessions that rapidly expand and accelerate organizational understanding, all the way to preparing agency teams for very specificJANUARY 2020
January 2020 – In Review. By Reilly Stephens. Last year during our time at NRF we checked out Starbucks Roastery and Glossier’s new concepts. This year, we found new retail concepts that offered up not just the beautiful aesthetics we’ve come to expect but more. The concepts we saw this year fundamentally changed the model of what it WHAT’S IN-STORE FOR THE FUTURE? In other words, the store of the future will not simply aim to open the customer’s wallet but also to open their minds and hearts to the brand in its totality. This concept represents a profound paradigm shift and one that will be problematic for many retailers to get their arms around. For savvy retail brands on the other hand, it will THE STORE IS MEDIA AND MEDIA IS THE STORE The Store Is Media And Media Is The Store. There’s a dramatic and strangely under-editorialized reality taking shape in retail. One that seems to be eluding even some of the industry’s most sophisticated retailers and brands. It’s that until very recently the primary function, form and purpose of retail stores was to distributeproducts.
RETAIL PROPHETABOUTWORKSHOPSPODCASTSCONTACTA NEW ERA OF RETAIL IS COMINGTHE RETAIL REVIVAL The Retail Revival. “The Retail Revival captures in sharp detail the deep and unprecedented changes driving new consumer behaviors and values. More importantly, it offers clear guidance to brands and retailers seeking to adapt and evolve to meet entirely new market inperatives for success.”. SPEAKING – RETAIL PROPHET Speaking. When Walmart, Google and BMW wanted to understand the future of retail they, like dozens of other Fortune 500 companies call on Retail Prophet. As one of the world’s most sought after retail speakers, we offer an ever-evolving array of cutting edge and THE FUTURE OF RETAIL: THE DESTINATION IS YOU The Future of Retail: The Destination is You. By Doug Stephens. Since the time of the Roman Empire, retail as a concept, has been about destinations. Whether a small specialty shop, a department store or a website, retail has always meant going somewhere to get something. As retail has evolved over the centuries, each new type of destination THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
RETAIL REBORN PODCAST Retail Reborn Episode 1: How Trauma Transforms the Consumer Psyche. Reilly Stephens 01.05.2021. Blog Retail Reborn Podcast. Via Business of Fashion In Episode 1 of BoF’s new podcast series, Doug Stephens and social psychologist Sheldon Solomon PhD examine the impact of collective traumas like Covid-19 on consumer behaviour.THE STORE IS MEDIA
The Store is Media. By Doug Stephens. Something I’ve spent nearly a decade of my life passionately advocating and exploring is my deeply held belief that physical retail stores are transitioning from being primarily a distribution channel for products to becoming a powerful media channel for branded experiences and stories. 6 BIG IDEAS FOR A NEW DECADE IN RETAIL 6. The Data (finally) Creates Value. If the late 1990’s and early 2000’s were about advancements in consumer data collection, the new decade will be about it’s effective and meaningful deployment. Major retailers will invest tremendously in turning their vast caches of consumer data into actionable strategy. THE FUTURE IS TEMPORARY: RETAILING IN A POP-UP WORLD The Future is Temporary: Retailing in A Pop-Up World. By Doug Stephens. Reebok pop-up store New York City. The concept of pop-up retail has been around for more than a decade. Vacant, a company out of Los Angeles, California is credited with pioneering the concept of pop-up shops in North America, after seeing similar concepts in Tokyo. 5 COMING CRISES IN THE RETAIL MARKET Crisis: Continued Ecommerce Growth Will Force Store Closures. Although ecommerce is still a relatively small percentage of the total retail market, its global pace of growth is close to 20% year on year. For example, in the first quarter of 2014, Amazon.com registered 23% revenue growth while the retail market in general remained virtually WHY RETAIL IS GETTING “EXPERIENCE” WRONG RETAIL PROPHETABOUTWORKSHOPSPODCASTSCONTACTA NEW ERA OF RETAIL IS COMINGTHE RETAIL REVIVAL The Retail Revival. “The Retail Revival captures in sharp detail the deep and unprecedented changes driving new consumer behaviors and values. More importantly, it offers clear guidance to brands and retailers seeking to adapt and evolve to meet entirely new market inperatives for success.”. SPEAKING – RETAIL PROPHET Speaking. When Walmart, Google and BMW wanted to understand the future of retail they, like dozens of other Fortune 500 companies call on Retail Prophet. As one of the world’s most sought after retail speakers, we offer an ever-evolving array of cutting edge and THE FUTURE OF RETAIL: THE DESTINATION IS YOU The Future of Retail: The Destination is You. By Doug Stephens. Since the time of the Roman Empire, retail as a concept, has been about destinations. Whether a small specialty shop, a department store or a website, retail has always meant going somewhere to get something. As retail has evolved over the centuries, each new type of destination THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
RETAIL REBORN PODCAST Retail Reborn Episode 1: How Trauma Transforms the Consumer Psyche. Reilly Stephens 01.05.2021. Blog Retail Reborn Podcast. Via Business of Fashion In Episode 1 of BoF’s new podcast series, Doug Stephens and social psychologist Sheldon Solomon PhD examine the impact of collective traumas like Covid-19 on consumer behaviour.THE STORE IS MEDIA
The Store is Media. By Doug Stephens. Something I’ve spent nearly a decade of my life passionately advocating and exploring is my deeply held belief that physical retail stores are transitioning from being primarily a distribution channel for products to becoming a powerful media channel for branded experiences and stories. 6 BIG IDEAS FOR A NEW DECADE IN RETAIL 6. The Data (finally) Creates Value. If the late 1990’s and early 2000’s were about advancements in consumer data collection, the new decade will be about it’s effective and meaningful deployment. Major retailers will invest tremendously in turning their vast caches of consumer data into actionable strategy. THE FUTURE IS TEMPORARY: RETAILING IN A POP-UP WORLD The Future is Temporary: Retailing in A Pop-Up World. By Doug Stephens. Reebok pop-up store New York City. The concept of pop-up retail has been around for more than a decade. Vacant, a company out of Los Angeles, California is credited with pioneering the concept of pop-up shops in North America, after seeing similar concepts in Tokyo. 5 COMING CRISES IN THE RETAIL MARKET Crisis: Continued Ecommerce Growth Will Force Store Closures. Although ecommerce is still a relatively small percentage of the total retail market, its global pace of growth is close to 20% year on year. For example, in the first quarter of 2014, Amazon.com registered 23% revenue growth while the retail market in general remained virtually WHY RETAIL IS GETTING “EXPERIENCE” WRONG ABOUT – RETAIL PROPHET About Doug StephensFounder, Retail Prophet. Prior to founding Retail Prophet, Doug spent over 20 years in the retail industry, holding senior international roles including the leadership of one of New York City’s most historic retail chains. He is the author of two groundbreaking books, The Retail Revival: Re-Imagining Business forthe New
SPEAKING – RETAIL PROPHET Speaking. When Walmart, Google and BMW wanted to understand the future of retail they, like dozens of other Fortune 500 companies call on Retail Prophet. As one of the world’s most sought after retail speakers, we offer an ever-evolving array of cutting edge and BLOG – RETAIL PROPHET Resurrecting Retail: The Trailer. Reilly Stephens 03.30.2021. Blog Uncategorized. Few crises in modern history have so completely disrupted every aspect of daily life as the Covid-19 pandemic. Every market, industry, profession, service, and category of product was in some way rocked by its impact. Researched in real time from inside thecrisis
CLIENTS – RETAIL PROPHET Clients – Retail Prophet. Retail Prophet is fortunate to work with many of the most recognized retailers and consumer brands in the world. Additionally, we also count a significant number of non-retail businesses among our roster of clients. We work with companies from sectors such as insurance, banking, hospitality, tourism, business to PODCASTS – RETAIL PROPHET Retail Prophet Podcast. Join Doug Stephens, Founder of Retail Prophet and author of Reengineering Retail: The Future of Selling in a Post-Digital World as he explores the fascinating trends, technologies and behaviors shaping the future of retail and commerce. THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
ADVISORY SERVICES
Advisory Services. Retail Prophet advises some of the world’s most respected brands in the exploration, imagination and articulation of cutting edge strategies. Our work runs the gamut from high-level executive sessions that rapidly expand and accelerate organizational understanding, all the way to preparing agency teams for very specificJANUARY 2020
January 2020 – In Review. By Reilly Stephens. Last year during our time at NRF we checked out Starbucks Roastery and Glossier’s new concepts. This year, we found new retail concepts that offered up not just the beautiful aesthetics we’ve come to expect but more. The concepts we saw this year fundamentally changed the model of what it WHAT’S IN-STORE FOR THE FUTURE? In other words, the store of the future will not simply aim to open the customer’s wallet but also to open their minds and hearts to the brand in its totality. This concept represents a profound paradigm shift and one that will be problematic for many retailers to get their arms around. For savvy retail brands on the other hand, it will THE STORE IS MEDIA AND MEDIA IS THE STORE The Store Is Media And Media Is The Store. There’s a dramatic and strangely under-editorialized reality taking shape in retail. One that seems to be eluding even some of the industry’s most sophisticated retailers and brands. It’s that until very recently the primary function, form and purpose of retail stores was to distributeproducts.
RETAIL PROPHETABOUTWORKSHOPSPODCASTSCONTACTTHE RETAIL REVIVALA NEW ERAOF RETAIL IS COMING
The Retail Revival. “The Retail Revival captures in sharp detail the deep and unprecedented changes driving new consumer behaviors and values. More importantly, it offers clear guidance to brands and retailers seeking to adapt and evolve to meet entirely new market inperatives for success.”. THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
THE STORE IS MEDIA
The Store is Media. By Doug Stephens. Something I’ve spent nearly a decade of my life passionately advocating and exploring is my deeply held belief that physical retail stores are transitioning from being primarily a distribution channel for products to becoming a powerful media channel for branded experiences and stories. THE FUTURE OF RETAIL: THE DESTINATION IS YOU The Future of Retail: The Destination is You. By Doug Stephens. Since the time of the Roman Empire, retail as a concept, has been about destinations. Whether a small specialty shop, a department store or a website, retail has always meant going somewhere to get something. As retail has evolved over the centuries, each new type of destination#RESURRECTINGRETAIL
Reilly Stephens 05.13.2021. #ResurrectingRetail Blog. With billions of us housebound and hungry for distraction from lockdown, the pandemic became the inflection point for the erasing of lines between retail and recreation. As Neha Singh, Founder and CEO of Obsess, points out, the technologies we use today to shop digitally are woefully lacking JUNE 2021 – RETAIL PROPHET Reilly Stephens 06.03.2021. Uncategorized. Nema Causey is the owner of Candy Me Up; a bulk candy specialty store located in San Diego, California. As you’ll hear, while many businesses found themselves paralyzed by the pandemic, Nema and her team used it as a turning point to build new media, gain new customers and create a newcommercial
6 BIG IDEAS FOR A NEW DECADE IN RETAIL 6. The Data (finally) Creates Value. If the late 1990’s and early 2000’s were about advancements in consumer data collection, the new decade will be about it’s effective and meaningful deployment. Major retailers will invest tremendously in turning their vast caches of consumer data into actionable strategy. THE FUTURE IS TEMPORARY: RETAILING IN A POP-UP WORLD The Future is Temporary: Retailing in A Pop-Up World. By Doug Stephens. Reebok pop-up store New York City. The concept of pop-up retail has been around for more than a decade. Vacant, a company out of Los Angeles, California is credited with pioneering the concept of pop-up shops in North America, after seeing similar concepts in Tokyo. 5 COMING CRISES IN THE RETAIL MARKET Crisis: Continued Ecommerce Growth Will Force Store Closures. Although ecommerce is still a relatively small percentage of the total retail market, its global pace of growth is close to 20% year on year. For example, in the first quarter of 2014, Amazon.com registered 23% revenue growth while the retail market in general remained virtually WHY PAID MEMBERSHIPS ARE THE NEW LOYALTY Loyalty simply means you’ve managed to put a card in the customer’s wallet. Paid membership means you’ve secured a place in the customer’s heart. Membership — even for a small fee — forms a sense of exclusivity and transforms the customer experience in a way RETAIL PROPHETABOUTWORKSHOPSPODCASTSCONTACTTHE RETAIL REVIVALA NEW ERAOF RETAIL IS COMING
The Retail Revival. “The Retail Revival captures in sharp detail the deep and unprecedented changes driving new consumer behaviors and values. More importantly, it offers clear guidance to brands and retailers seeking to adapt and evolve to meet entirely new market inperatives for success.”. THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
THE STORE IS MEDIA
The Store is Media. By Doug Stephens. Something I’ve spent nearly a decade of my life passionately advocating and exploring is my deeply held belief that physical retail stores are transitioning from being primarily a distribution channel for products to becoming a powerful media channel for branded experiences and stories. THE FUTURE OF RETAIL: THE DESTINATION IS YOU The Future of Retail: The Destination is You. By Doug Stephens. Since the time of the Roman Empire, retail as a concept, has been about destinations. Whether a small specialty shop, a department store or a website, retail has always meant going somewhere to get something. As retail has evolved over the centuries, each new type of destination#RESURRECTINGRETAIL
Reilly Stephens 05.13.2021. #ResurrectingRetail Blog. With billions of us housebound and hungry for distraction from lockdown, the pandemic became the inflection point for the erasing of lines between retail and recreation. As Neha Singh, Founder and CEO of Obsess, points out, the technologies we use today to shop digitally are woefully lacking JUNE 2021 – RETAIL PROPHET Reilly Stephens 06.03.2021. Uncategorized. Nema Causey is the owner of Candy Me Up; a bulk candy specialty store located in San Diego, California. As you’ll hear, while many businesses found themselves paralyzed by the pandemic, Nema and her team used it as a turning point to build new media, gain new customers and create a newcommercial
6 BIG IDEAS FOR A NEW DECADE IN RETAIL 6. The Data (finally) Creates Value. If the late 1990’s and early 2000’s were about advancements in consumer data collection, the new decade will be about it’s effective and meaningful deployment. Major retailers will invest tremendously in turning their vast caches of consumer data into actionable strategy. THE FUTURE IS TEMPORARY: RETAILING IN A POP-UP WORLD The Future is Temporary: Retailing in A Pop-Up World. By Doug Stephens. Reebok pop-up store New York City. The concept of pop-up retail has been around for more than a decade. Vacant, a company out of Los Angeles, California is credited with pioneering the concept of pop-up shops in North America, after seeing similar concepts in Tokyo. 5 COMING CRISES IN THE RETAIL MARKET Crisis: Continued Ecommerce Growth Will Force Store Closures. Although ecommerce is still a relatively small percentage of the total retail market, its global pace of growth is close to 20% year on year. For example, in the first quarter of 2014, Amazon.com registered 23% revenue growth while the retail market in general remained virtually WHY PAID MEMBERSHIPS ARE THE NEW LOYALTY Loyalty simply means you’ve managed to put a card in the customer’s wallet. Paid membership means you’ve secured a place in the customer’s heart. Membership — even for a small fee — forms a sense of exclusivity and transforms the customer experience in a way ABOUT – RETAIL PROPHET About Reilly Stephens Director of Insights, Retail Prophet. Reilly began her career in experiential marketing. Since then, she has worked at agencies such as Sid Lee and Vice Media as an integral part of the ideation and launch of national campaigns for brands and retailers including Coca Cola, General Mills, Ford, Google and lululemon. CLIENTS – RETAIL PROPHET Clients – Retail Prophet. Retail Prophet is fortunate to work with many of the most recognized retailers and consumer brands in the world. Additionally, we also count a significant number of non-retail businesses among our roster of clients. We work with companies from sectors such as insurance, banking, hospitality, tourism, business to SPEAKING – RETAIL PROPHET Speaking. When Walmart, Google and BMW wanted to understand the future of retail they, like dozens of other Fortune 500 companies call on Retail Prophet. As one of the world’s most sought after retail speakers, we offer an ever-evolving array of cutting edge and#RESURRECTINGRETAIL
Reilly Stephens 05.13.2021. #ResurrectingRetail Blog. With billions of us housebound and hungry for distraction from lockdown, the pandemic became the inflection point for the erasing of lines between retail and recreation. As Neha Singh, Founder and CEO of Obsess, points out, the technologies we use today to shop digitally are woefully lacking JUNE 2021 – RETAIL PROPHET Reilly Stephens 06.03.2021. Uncategorized. Nema Causey is the owner of Candy Me Up; a bulk candy specialty store located in San Diego, California. As you’ll hear, while many businesses found themselves paralyzed by the pandemic, Nema and her team used it as a turning point to build new media, gain new customers and create a newcommercial
ADVISORY SERVICES
Advisory Services. Retail Prophet advises some of the world’s most respected brands in the exploration, imagination and articulation of cutting edge strategies. Our work runs the gamut from high-level executive sessions that rapidly expand and accelerate organizational understanding, all the way to preparing agency teams for very specific PODCASTS – RETAIL PROPHET Retail Prophet Podcast. Join Doug Stephens, Founder of Retail Prophet and author of Reengineering Retail: The Future of Selling in a Post-Digital World as he explores the fascinating trends, technologies and behaviors shaping the future of retail and commerce.THE RETAIL REVIVAL
The Retail Revival. Doug’s seminal 2013 work, The Retail Revival looks into the not-so-distant retail past and forward into a future that will continue to redefine retail and its enormous effect on society and our economies. Massive demographic and economic shifts, as well as historic levels of technological and media disruption, areturning
THE FUTURE OF RETAIL IS THE END OF WHOLESALE The Future of Retail Is The End Of Wholesale. By Doug Stephens. Retail is facing a monumental problem that no one seems to want to talk about. It’s that the entire economic model of revenue and profitability for retailers and the suppliers they do business with is collapsing under its own weight and soon will no longer function. WHY RETAIL IS GETTING “EXPERIENCE” WRONG Why Retail Is Getting “Experience” Wrong. Apple co-founder Steve Jobs once said: “Design is a funny word. Some people think that design means how it looks. But of course if you dig deeper, it’s really how it works.”. That central belief – that design transcends mere aesthetics and is really about how something actuallyfunctions
RETAIL PROPHETABOUTWORKSHOPSPODCASTSCONTACTTHE RETAIL REVIVALA NEW ERAOF RETAIL IS COMING
The Retail Revival. “The Retail Revival captures in sharp detail the deep and unprecedented changes driving new consumer behaviors and values. More importantly, it offers clear guidance to brands and retailers seeking to adapt and evolve to meet entirely new market inperatives for success.”. THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
THE FUTURE OF RETAIL: THE DESTINATION IS YOU The Future of Retail: The Destination is You. By Doug Stephens. Since the time of the Roman Empire, retail as a concept, has been about destinations. Whether a small specialty shop, a department store or a website, retail has always meant going somewhere to get something. As retail has evolved over the centuries, each new type of destination#RESURRECTINGRETAIL
Reilly Stephens 05.13.2021. #ResurrectingRetail Blog. With billions of us housebound and hungry for distraction from lockdown, the pandemic became the inflection point for the erasing of lines between retail and recreation. As Neha Singh, Founder and CEO of Obsess, points out, the technologies we use today to shop digitally are woefully lackingTHE STORE IS MEDIA
The Store is Media. By Doug Stephens. Something I’ve spent nearly a decade of my life passionately advocating and exploring is my deeply held belief that physical retail stores are transitioning from being primarily a distribution channel for products to becoming a powerful media channel for branded experiences and stories. JUNE 2021 – RETAIL PROPHET Reilly Stephens 06.03.2021. Uncategorized. Nema Causey is the owner of Candy Me Up; a bulk candy specialty store located in San Diego, California. As you’ll hear, while many businesses found themselves paralyzed by the pandemic, Nema and her team used it as a turning point to build new media, gain new customers and create a newcommercial
6 BIG IDEAS FOR A NEW DECADE IN RETAIL 6. The Data (finally) Creates Value. If the late 1990’s and early 2000’s were about advancements in consumer data collection, the new decade will be about it’s effective and meaningful deployment. Major retailers will invest tremendously in turning their vast caches of consumer data into actionable strategy. 5 COMING CRISES IN THE RETAIL MARKET Crisis: Continued Ecommerce Growth Will Force Store Closures. Although ecommerce is still a relatively small percentage of the total retail market, its global pace of growth is close to 20% year on year. For example, in the first quarter of 2014, Amazon.com registered 23% revenue growth while the retail market in general remained virtually THE FUTURE IS TEMPORARY: RETAILING IN A POP-UP WORLD The Future is Temporary: Retailing in A Pop-Up World. By Doug Stephens. Reebok pop-up store New York City. The concept of pop-up retail has been around for more than a decade. Vacant, a company out of Los Angeles, California is credited with pioneering the concept of pop-up shops in North America, after seeing similar concepts in Tokyo. WHY PAID MEMBERSHIPS ARE THE NEW LOYALTY Loyalty simply means you’ve managed to put a card in the customer’s wallet. Paid membership means you’ve secured a place in the customer’s heart. Membership — even for a small fee — forms a sense of exclusivity and transforms the customer experience in a way RETAIL PROPHETABOUTWORKSHOPSPODCASTSCONTACTTHE RETAIL REVIVALA NEW ERAOF RETAIL IS COMING
The Retail Revival. “The Retail Revival captures in sharp detail the deep and unprecedented changes driving new consumer behaviors and values. More importantly, it offers clear guidance to brands and retailers seeking to adapt and evolve to meet entirely new market inperatives for success.”. THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
THE FUTURE OF RETAIL: THE DESTINATION IS YOU The Future of Retail: The Destination is You. By Doug Stephens. Since the time of the Roman Empire, retail as a concept, has been about destinations. Whether a small specialty shop, a department store or a website, retail has always meant going somewhere to get something. As retail has evolved over the centuries, each new type of destination#RESURRECTINGRETAIL
Reilly Stephens 05.13.2021. #ResurrectingRetail Blog. With billions of us housebound and hungry for distraction from lockdown, the pandemic became the inflection point for the erasing of lines between retail and recreation. As Neha Singh, Founder and CEO of Obsess, points out, the technologies we use today to shop digitally are woefully lackingTHE STORE IS MEDIA
The Store is Media. By Doug Stephens. Something I’ve spent nearly a decade of my life passionately advocating and exploring is my deeply held belief that physical retail stores are transitioning from being primarily a distribution channel for products to becoming a powerful media channel for branded experiences and stories. JUNE 2021 – RETAIL PROPHET Reilly Stephens 06.03.2021. Uncategorized. Nema Causey is the owner of Candy Me Up; a bulk candy specialty store located in San Diego, California. As you’ll hear, while many businesses found themselves paralyzed by the pandemic, Nema and her team used it as a turning point to build new media, gain new customers and create a newcommercial
6 BIG IDEAS FOR A NEW DECADE IN RETAIL 6. The Data (finally) Creates Value. If the late 1990’s and early 2000’s were about advancements in consumer data collection, the new decade will be about it’s effective and meaningful deployment. Major retailers will invest tremendously in turning their vast caches of consumer data into actionable strategy. 5 COMING CRISES IN THE RETAIL MARKET Crisis: Continued Ecommerce Growth Will Force Store Closures. Although ecommerce is still a relatively small percentage of the total retail market, its global pace of growth is close to 20% year on year. For example, in the first quarter of 2014, Amazon.com registered 23% revenue growth while the retail market in general remained virtually THE FUTURE IS TEMPORARY: RETAILING IN A POP-UP WORLD The Future is Temporary: Retailing in A Pop-Up World. By Doug Stephens. Reebok pop-up store New York City. The concept of pop-up retail has been around for more than a decade. Vacant, a company out of Los Angeles, California is credited with pioneering the concept of pop-up shops in North America, after seeing similar concepts in Tokyo. WHY PAID MEMBERSHIPS ARE THE NEW LOYALTY Loyalty simply means you’ve managed to put a card in the customer’s wallet. Paid membership means you’ve secured a place in the customer’s heart. Membership — even for a small fee — forms a sense of exclusivity and transforms the customer experience in a way ABOUT – RETAIL PROPHET About Reilly Stephens Director of Insights, Retail Prophet. Reilly began her career in experiential marketing. Since then, she has worked at agencies such as Sid Lee and Vice Media as an integral part of the ideation and launch of national campaigns for brands and retailers including Coca Cola, General Mills, Ford, Google and lululemon. CLIENTS – RETAIL PROPHET Clients – Retail Prophet. Retail Prophet is fortunate to work with many of the most recognized retailers and consumer brands in the world. Additionally, we also count a significant number of non-retail businesses among our roster of clients. We work with companies from sectors such as insurance, banking, hospitality, tourism, business to#RESURRECTINGRETAIL
Reilly Stephens 05.13.2021. #ResurrectingRetail Blog. With billions of us housebound and hungry for distraction from lockdown, the pandemic became the inflection point for the erasing of lines between retail and recreation. As Neha Singh, Founder and CEO of Obsess, points out, the technologies we use today to shop digitally are woefully lacking SPEAKING – RETAIL PROPHET Speaking. When Walmart, Google and BMW wanted to understand the future of retail they, like dozens of other Fortune 500 companies call on Retail Prophet. As one of the world’s most sought after retail speakers, we offer an ever-evolving array of cutting edge and PODCASTS – RETAIL PROPHET Retail Prophet Podcast. Join Doug Stephens, Founder of Retail Prophet and author of Reengineering Retail: The Future of Selling in a Post-Digital World as he explores the fascinating trends, technologies and behaviors shaping the future of retail and commerce.ADVISORY SERVICES
Advisory Services. Retail Prophet advises some of the world’s most respected brands in the exploration, imagination and articulation of cutting edge strategies. Our work runs the gamut from high-level executive sessions that rapidly expand and accelerate organizational understanding, all the way to preparing agency teams for very specific JUNE 2021 – RETAIL PROPHET Reilly Stephens 06.03.2021. Uncategorized. Nema Causey is the owner of Candy Me Up; a bulk candy specialty store located in San Diego, California. As you’ll hear, while many businesses found themselves paralyzed by the pandemic, Nema and her team used it as a turning point to build new media, gain new customers and create a newcommercial
THE RETAIL REVIVAL
The Retail Revival. Doug’s seminal 2013 work, The Retail Revival looks into the not-so-distant retail past and forward into a future that will continue to redefine retail and its enormous effect on society and our economies. Massive demographic and economic shifts, as well as historic levels of technological and media disruption, areturning
THE FUTURE OF RETAIL IS THE END OF WHOLESALE The Future of Retail Is The End Of Wholesale. By Doug Stephens. Retail is facing a monumental problem that no one seems to want to talk about. It’s that the entire economic model of revenue and profitability for retailers and the suppliers they do business with is collapsing under its own weight and soon will no longer function. WHY RETAIL IS GETTING “EXPERIENCE” WRONG Why Retail Is Getting “Experience” Wrong. Apple co-founder Steve Jobs once said: “Design is a funny word. Some people think that design means how it looks. But of course if you dig deeper, it’s really how it works.”. That central belief – that design transcends mere aesthetics and is really about how something actuallyfunctions
RETAIL PROPHETABOUTWORKSHOPSPODCASTSCONTACTA NEW ERA OF RETAIL IS COMINGTHE RETAIL REVIVAL The Retail Revival. “The Retail Revival captures in sharp detail the deep and unprecedented changes driving new consumer behaviors and values. More importantly, it offers clear guidance to brands and retailers seeking to adapt and evolve to meet entirely new market inperatives for success.”. THE FUTURE OF RETAIL: THE DESTINATION IS YOU The Future of Retail: The Destination is You. By Doug Stephens. Since the time of the Roman Empire, retail as a concept, has been about destinations. Whether a small specialty shop, a department store or a website, retail has always meant going somewhere to get something. As retail has evolved over the centuries, each new type of destination THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
RETAIL REBORN PODCAST Retail Reborn Episode 1: How Trauma Transforms the Consumer Psyche. Reilly Stephens 01.05.2021. Blog Retail Reborn Podcast. Via Business of Fashion In Episode 1 of BoF’s new podcast series, Doug Stephens and social psychologist Sheldon Solomon PhD examine the impact of collective traumas like Covid-19 on consumer behaviour.THE STORE IS MEDIA
The Store is Media. By Doug Stephens. Something I’ve spent nearly a decade of my life passionately advocating and exploring is my deeply held belief that physical retail stores are transitioning from being primarily a distribution channel for products to becoming a powerful media channel for branded experiences and stories. 6 BIG IDEAS FOR A NEW DECADE IN RETAIL 6. The Data (finally) Creates Value. If the late 1990’s and early 2000’s were about advancements in consumer data collection, the new decade will be about it’s effective and meaningful deployment. Major retailers will invest tremendously in turning their vast caches of consumer data into actionable strategy. THE FUTURE IS TEMPORARY: RETAILING IN A POP-UP WORLD The Future is Temporary: Retailing in A Pop-Up World. By Doug Stephens. Reebok pop-up store New York City. The concept of pop-up retail has been around for more than a decade. Vacant, a company out of Los Angeles, California is credited with pioneering the concept of pop-up shops in North America, after seeing similar concepts in Tokyo. 5 COMING CRISES IN THE RETAIL MARKET Crisis: Continued Ecommerce Growth Will Force Store Closures. Although ecommerce is still a relatively small percentage of the total retail market, its global pace of growth is close to 20% year on year. For example, in the first quarter of 2014, Amazon.com registered 23% revenue growth while the retail market in general remained virtually WHY PAID MEMBERSHIPS ARE THE NEW LOYALTY Loyalty simply means you’ve managed to put a card in the customer’s wallet. Paid membership means you’ve secured a place in the customer’s heart. Membership — even for a small fee — forms a sense of exclusivity and transforms the customer experience in a way WHY RETAIL IS GETTING “EXPERIENCE” WRONG RETAIL PROPHETABOUTWORKSHOPSPODCASTSCONTACTA NEW ERA OF RETAIL IS COMINGTHE RETAIL REVIVAL The Retail Revival. “The Retail Revival captures in sharp detail the deep and unprecedented changes driving new consumer behaviors and values. More importantly, it offers clear guidance to brands and retailers seeking to adapt and evolve to meet entirely new market inperatives for success.”. THE FUTURE OF RETAIL: THE DESTINATION IS YOU The Future of Retail: The Destination is You. By Doug Stephens. Since the time of the Roman Empire, retail as a concept, has been about destinations. Whether a small specialty shop, a department store or a website, retail has always meant going somewhere to get something. As retail has evolved over the centuries, each new type of destination THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
RETAIL REBORN PODCAST Retail Reborn Episode 1: How Trauma Transforms the Consumer Psyche. Reilly Stephens 01.05.2021. Blog Retail Reborn Podcast. Via Business of Fashion In Episode 1 of BoF’s new podcast series, Doug Stephens and social psychologist Sheldon Solomon PhD examine the impact of collective traumas like Covid-19 on consumer behaviour.THE STORE IS MEDIA
The Store is Media. By Doug Stephens. Something I’ve spent nearly a decade of my life passionately advocating and exploring is my deeply held belief that physical retail stores are transitioning from being primarily a distribution channel for products to becoming a powerful media channel for branded experiences and stories. 6 BIG IDEAS FOR A NEW DECADE IN RETAIL 6. The Data (finally) Creates Value. If the late 1990’s and early 2000’s were about advancements in consumer data collection, the new decade will be about it’s effective and meaningful deployment. Major retailers will invest tremendously in turning their vast caches of consumer data into actionable strategy. THE FUTURE IS TEMPORARY: RETAILING IN A POP-UP WORLD The Future is Temporary: Retailing in A Pop-Up World. By Doug Stephens. Reebok pop-up store New York City. The concept of pop-up retail has been around for more than a decade. Vacant, a company out of Los Angeles, California is credited with pioneering the concept of pop-up shops in North America, after seeing similar concepts in Tokyo. 5 COMING CRISES IN THE RETAIL MARKET Crisis: Continued Ecommerce Growth Will Force Store Closures. Although ecommerce is still a relatively small percentage of the total retail market, its global pace of growth is close to 20% year on year. For example, in the first quarter of 2014, Amazon.com registered 23% revenue growth while the retail market in general remained virtually WHY PAID MEMBERSHIPS ARE THE NEW LOYALTY Loyalty simply means you’ve managed to put a card in the customer’s wallet. Paid membership means you’ve secured a place in the customer’s heart. Membership — even for a small fee — forms a sense of exclusivity and transforms the customer experience in a way WHY RETAIL IS GETTING “EXPERIENCE” WRONG ABOUT – RETAIL PROPHET About Reilly Stephens Director of Insights, Retail Prophet. Reilly began her career in experiential marketing. Since then, she has worked at agencies such as Sid Lee and Vice Media as an integral part of the ideation and launch of national campaigns for brands and retailers including Coca Cola, General Mills, Ford, Google and lululemon. SPEAKING – RETAIL PROPHET Speaking. When Walmart, Google and BMW wanted to understand the future of retail they, like dozens of other Fortune 500 companies call on Retail Prophet. As one of the world’s most sought after retail speakers, we offer an ever-evolving array of cutting edge and BLOG – RETAIL PROPHET Resurrecting Retail: The Trailer. Reilly Stephens 03.30.2021. Blog Uncategorized. Few crises in modern history have so completely disrupted every aspect of daily life as the Covid-19 pandemic. Every market, industry, profession, service, and category of product was in some way rocked by its impact. Researched in real time from inside thecrisis
CLIENTS – RETAIL PROPHET Clients – Retail Prophet. Retail Prophet is fortunate to work with many of the most recognized retailers and consumer brands in the world. Additionally, we also count a significant number of non-retail businesses among our roster of clients. We work with companies from sectors such as insurance, banking, hospitality, tourism, business to PODCASTS – RETAIL PROPHET Retail Prophet Podcast. Join Doug Stephens, Founder of Retail Prophet and author of Reengineering Retail: The Future of Selling in a Post-Digital World as he explores the fascinating trends, technologies and behaviors shaping the future of retail and commerce. THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
WHAT’S IN-STORE FOR THE FUTURE? In other words, the store of the future will not simply aim to open the customer’s wallet but also to open their minds and hearts to the brand in its totality. This concept represents a profound paradigm shift and one that will be problematic for many retailers to get their arms around. For savvy retail brands on the other hand, it will MEASURING THE STORE OF THE FUTURE Measuring the Store as Media. Through the ages media has always been effective wherever people gather in numbers. A thousand years ago that gathering place was the market bazaar, where people socialized, gathered news and information and of course, discovered merchants and must-have products. Then, the printed word became a more efficientmeans
6 BIG IDEAS FOR A NEW DECADE IN RETAIL 6. The Data (finally) Creates Value. If the late 1990’s and early 2000’s were about advancements in consumer data collection, the new decade will be about it’s effective and meaningful deployment. Major retailers will invest tremendously in turning their vast caches of consumer data into actionable strategy. THE STORE IS MEDIA AND MEDIA IS THE STORE The Store Is Media And Media Is The Store. There’s a dramatic and strangely under-editorialized reality taking shape in retail. One that seems to be eluding even some of the industry’s most sophisticated retailers and brands. It’s that until very recently the primary function, form and purpose of retail stores was to distributeproducts.
RETAIL PROPHETABOUTWORKSHOPSPODCASTSCONTACTTHE RETAIL REVIVALA NEW ERAOF RETAIL IS COMING
The Retail Revival. “The Retail Revival captures in sharp detail the deep and unprecedented changes driving new consumer behaviors and values. More importantly, it offers clear guidance to brands and retailers seeking to adapt and evolve to meet entirely new market inperatives for success.”. ABOUT – RETAIL PROPHET About Reilly Stephens Director of Insights, Retail Prophet. Reilly began her career in experiential marketing. Since then, she has worked at agencies such as Sid Lee and Vice Media as an integral part of the ideation and launch of national campaigns for brands and retailers including Coca Cola, General Mills, Ford, Google and lululemon. PODCASTS – RETAIL PROPHET Retail Prophet Podcast. Join Doug Stephens, Founder of Retail Prophet and author of Reengineering Retail: The Future of Selling in a Post-Digital World as he explores the fascinating trends, technologies and behaviors shaping the future of retail and commerce. THE FUTURE OF RETAIL: THE DESTINATION IS YOU The Future of Retail: The Destination is You. By Doug Stephens. Since the time of the Roman Empire, retail as a concept, has been about destinations. Whether a small specialty shop, a department store or a website, retail has always meant going somewhere to get something. As retail has evolved over the centuries, each new type of destination THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
THE STORE IS MEDIA
The Store is Media. By Doug Stephens. Something I’ve spent nearly a decade of my life passionately advocating and exploring is my deeply held belief that physical retail stores are transitioning from being primarily a distribution channel for products to becoming a powerful media channel for branded experiences and stories. MEASURING THE STORE OF THE FUTURE Measuring the Store as Media. Through the ages media has always been effective wherever people gather in numbers. A thousand years ago that gathering place was the market bazaar, where people socialized, gathered news and information and of course, discovered merchants and must-have products. Then, the printed word became a more efficientmeans
6 BIG IDEAS FOR A NEW DECADE IN RETAIL 6. The Data (finally) Creates Value. If the late 1990’s and early 2000’s were about advancements in consumer data collection, the new decade will be about it’s effective and meaningful deployment. Major retailers will invest tremendously in turning their vast caches of consumer data into actionable strategy. THE FUTURE IS TEMPORARY: RETAILING IN A POP-UP WORLD The Future is Temporary: Retailing in A Pop-Up World. By Doug Stephens. Reebok pop-up store New York City. The concept of pop-up retail has been around for more than a decade. Vacant, a company out of Los Angeles, California is credited with pioneering the concept of pop-up shops in North America, after seeing similar concepts in Tokyo. WHY PAID MEMBERSHIPS ARE THE NEW LOYALTY Loyalty simply means you’ve managed to put a card in the customer’s wallet. Paid membership means you’ve secured a place in the customer’s heart. Membership — even for a small fee — forms a sense of exclusivity and transforms the customer experience in a way RETAIL PROPHETABOUTWORKSHOPSPODCASTSCONTACTTHE RETAIL REVIVALA NEW ERAOF RETAIL IS COMING
The Retail Revival. “The Retail Revival captures in sharp detail the deep and unprecedented changes driving new consumer behaviors and values. More importantly, it offers clear guidance to brands and retailers seeking to adapt and evolve to meet entirely new market inperatives for success.”. ABOUT – RETAIL PROPHET About Reilly Stephens Director of Insights, Retail Prophet. Reilly began her career in experiential marketing. Since then, she has worked at agencies such as Sid Lee and Vice Media as an integral part of the ideation and launch of national campaigns for brands and retailers including Coca Cola, General Mills, Ford, Google and lululemon. PODCASTS – RETAIL PROPHET Retail Prophet Podcast. Join Doug Stephens, Founder of Retail Prophet and author of Reengineering Retail: The Future of Selling in a Post-Digital World as he explores the fascinating trends, technologies and behaviors shaping the future of retail and commerce. THE FUTURE OF RETAIL: THE DESTINATION IS YOU The Future of Retail: The Destination is You. By Doug Stephens. Since the time of the Roman Empire, retail as a concept, has been about destinations. Whether a small specialty shop, a department store or a website, retail has always meant going somewhere to get something. As retail has evolved over the centuries, each new type of destination THE FUTURE OF THE RETAIL STORE Leases will shorten, new retail brands will evolve more quickly, old ones will die sooner and pop-up installations will rotate through the space. Change will be continual. The mall manager’s role will become that of editor and curator as the mall becomes a revolving door for new brands and concepts, in a relentless effort to captivateconsumers.
THE STORE IS MEDIA
The Store is Media. By Doug Stephens. Something I’ve spent nearly a decade of my life passionately advocating and exploring is my deeply held belief that physical retail stores are transitioning from being primarily a distribution channel for products to becoming a powerful media channel for branded experiences and stories. MEASURING THE STORE OF THE FUTURE Measuring the Store as Media. Through the ages media has always been effective wherever people gather in numbers. A thousand years ago that gathering place was the market bazaar, where people socialized, gathered news and information and of course, discovered merchants and must-have products. Then, the printed word became a more efficientmeans
6 BIG IDEAS FOR A NEW DECADE IN RETAIL 6. The Data (finally) Creates Value. If the late 1990’s and early 2000’s were about advancements in consumer data collection, the new decade will be about it’s effective and meaningful deployment. Major retailers will invest tremendously in turning their vast caches of consumer data into actionable strategy. THE FUTURE IS TEMPORARY: RETAILING IN A POP-UP WORLD The Future is Temporary: Retailing in A Pop-Up World. By Doug Stephens. Reebok pop-up store New York City. The concept of pop-up retail has been around for more than a decade. Vacant, a company out of Los Angeles, California is credited with pioneering the concept of pop-up shops in North America, after seeing similar concepts in Tokyo. WHY PAID MEMBERSHIPS ARE THE NEW LOYALTY Loyalty simply means you’ve managed to put a card in the customer’s wallet. Paid membership means you’ve secured a place in the customer’s heart. Membership — even for a small fee — forms a sense of exclusivity and transforms the customer experience in a way CLIENTS – RETAIL PROPHET Clients – Retail Prophet. Retail Prophet is fortunate to work with many of the most recognized retailers and consumer brands in the world. Additionally, we also count a significant number of non-retail businesses among our roster of clients. We work with companies from sectors such as insurance, banking, hospitality, tourism, business to WORKSHOPS – RETAIL PROPHET The truth is, workshops don’t work and that’s exactly why we’ve created the Rapid Innovation Lab. Our team delivers a one-of-a-kind experience that will challenge your teams to think differently and empower your company to make change. Over 2 days we will host speakers across different industries, help your team understand the current andCOVID-19 RESPONSE
COVID-19 Response. Retail Prophet was born out of chaos. In 2008, Doug Stephens, Founder of Retail Prophet, recognized that beyond the immediate fallout of the Great Recession there was a myriad of deeper challenges facing retailers and brands in the future. So, with 25 years of senior international retail experience under his belt, he setout
ADVISORY SERVICES
Advisory Services. Retail Prophet advises some of the world’s most respected brands in the exploration, imagination and articulation of cutting edge strategies. Our work runs the gamut from high-level executive sessions that rapidly expand and accelerate organizational understanding, all the way to preparing agency teams for very specific JUNE 2021 – RETAIL PROPHET Reilly Stephens 06.03.2021. Uncategorized. Nema Causey is the owner of Candy Me Up; a bulk candy specialty store located in San Diego, California. As you’ll hear, while many businesses found themselves paralyzed by the pandemic, Nema and her team used it as a turning point to build new media, gain new customers and create a newcommercial
MEASURING THE STORE OF THE FUTURE Measuring the Store as Media. Through the ages media has always been effective wherever people gather in numbers. A thousand years ago that gathering place was the market bazaar, where people socialized, gathered news and information and of course, discovered merchants and must-have products. Then, the printed word became a more efficientmeans
#RETAILVSCORONA
Reilly Stephens 04.21.2020. #RetailVSCorona Blog. By Reilly Stephens COVID-19 has presented unique challenges and unprecedented circumstances for brands, but if we look carefully at the trajectory of the industry prior to the COVID-19 outbreak, it appears that the outcome, save for the tragic cost in human lives, is not thatdissimilar from the
THE RETAIL REVIVAL
The Retail Revival. Doug’s seminal 2013 work, The Retail Revival looks into the not-so-distant retail past and forward into a future that will continue to redefine retail and its enormous effect on society and our economies. Massive demographic and economic shifts, as well as historic levels of technological and media disruption, areturning
THE FUTURE IS TEMPORARY: RETAILING IN A POP-UP WORLD The Future is Temporary: Retailing in A Pop-Up World. By Doug Stephens. Reebok pop-up store New York City. The concept of pop-up retail has been around for more than a decade. Vacant, a company out of Los Angeles, California is credited with pioneering the concept of pop-up shops in North America, after seeing similar concepts in Tokyo. THE STORE IS MEDIA AND MEDIA IS THE STORE The Store Is Media And Media Is The Store. There’s a dramatic and strangely under-editorialized reality taking shape in retail. One that seems to be eluding even some of the industry’s most sophisticated retailers and brands. It’s that until very recently the primary function, form and purpose of retail stores was to distributeproducts.
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