The (retail) singularity is near One of the boldest and the most cogent takes on the future is serial inventor Ray Kurzweil’s thesis of singularity. Ray Kurzweil believes by 2045 machines will be smarter than humans, immortality will be ours, and man and the machine will be essentially indistinguishable. Singularity will be achieved through exponential […]Read more
A recent news item “J.C. Penney cuts chief merchant position” caught many retail industry watchers by surprise. Traditionally, a merchant’s role had three important components to it: Select merchandise and make it available to the customer Protect the profitability of the retailer Protect the branding and values of the retailer To perform […]Read more
In the first part of the blog, we saw that traditionally, a merchant’s role had three important components to it: 1. Select merchandise and make it available to the customer 2. Protect the profitability of the retailer 3. Protect the branding and values of the retailer We discussed how the market place, and a number […]Read more
Most of us are conversant with Kenya as being a destination for classical savanna safaris but little are we aware of their upcoming retail sector. Our goal with this piece is to let you know what’s exactly going on there. Challenging and encouraging opportunities The Kenyan retail sector is booming with many local and international […]Read more
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