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It’s Midlife Crisis Time for Millennials. Here’s What They’re Buying

By Jasmine Glasheen   |   March 19, 2023

Geriatric millennials are turning forty, but don’t expect us to make the same big-ticket purchases as our predecessors. Millennials currently fall within the age range of 27 to 42. Many are staring down the barrel of the big Four-O. But, due to the perilous state of the economy, millennials have more to fear than our mortality. Although millennials’ minds and bodies are of a certain age, our net worth is not. Millennials still only account for 7 percent of the nation’s total wealth. Before you start saying that everyone struggles in their …

It’s Midlife Crisis Time for Millennials. Here’s What They’re BuyingRead More

Growing Retail C-Suite Vacancies

By Pam Danziger   |   March 15, 2023

There’s a growing crisis in retail C-suites. Nobody wants the top job. VF, Adidas, Calvin Klein, Puma, Designer Brands, Stitch Fix and Rite Aid have longstanding vacancies ready to fill. Gap is close to announcing a permanent replacement for Sonia Syngal who left the company in the middle of last year, but it will have another CEO position to fill for the Athleta brand after Mary Beth Laughton makes her exit. And Gap’s chief people officer is on the way out as well. To fill the open slots, board members are moving from their interim roles …

Growing Retail C-Suite VacanciesRead More

After the Crash, NFTs Are Repurposed for Retail

By Sarah Holbrook   |   March 14, 2023

NFTs have sprinted through the hype cycle, from frenzied enthusiasm to disillusionment in less than 24 months. Signals are hinting that they may have reached the ultimate stage of the cycle: productivity. The crypto winter chilled a large cohort of investors previously emboldened by a steady upward march in digital asset valuations. Bored Apes, secured by FTX-stored tokens sailed from their virtual yacht club to oblivion, as the celebrity-backed craze ran aground while the speculative NFT market plunged by 97 percent between January and …

After the Crash, NFTs Are Repurposed for RetailRead More

Insights for Retail Innovators from Shoptalk

By Robin Lewis   |   March 13, 2023

Identifying the critical trends that are shaping retail (short- and long-term) is an art supported by science. And that’s what Shoptalk does every year to build insightful content to guide retail executives in navigating an unpredictable, dynamic digital marketplace. All retail, whether legacy physical brands or the digital natives, face the same macro issues that keep everyone awake at night. The operations that once separated legacy from digital brands have merged, and it takes some brave, bold, and innovative thinking to chart the course …

Insights for Retail Innovators from ShoptalkRead More

What Ever Happened to Caring About Brand Dilution?

By Jasmine Glasheen   |   March 12, 2023

Remember when you couldn’t open your laptop without getting bombarded by “race to the bottom” brand messaging? They were selling Coach and Kate Spade at T.J. Maxx and we couldn’t stop talking about it, and whether the brands would be able to retain their value positioning. Analysts feared that brand dilution would be the death of retail. Not one of us had an inkling about the global pandemic that was about to turn the retail industry on its head, bringing fashion retail closer to swimming with the sharks than anything to precede it. The …

What Ever Happened to Caring About Brand Dilution?Read More

The Culture Power Brand. Designing Brands That Move People.

By Roberto Ramos   |   March 8, 2023

We are living in extraordinary times as we come out of a once-in-a-lifetime collective reset. And as we heal, recalibrate, and seek joy, we are prioritizing experiences that move us. Great retail can do this through breakthrough products that speak to our multi-hyphenated needs and superior brands that build on functional excellence and imbue it with emotional and creative meaning by tapping into the big-picture power of culture. Brands that connect the dots and deliver on all these fronts are hard to displace. Culture, the sum of …

The Culture Power Brand. Designing Brands That Move People.Read More

The Electric Slide

By Warren Shoulberg   |   March 7, 2023

Consider this: There are about to be 1.3 million opportunities that have never existed before for retailers, restaurants, and service providers. Those that jump on it first will reap the benefits. All you have to do is plug in. The transition of the American vehicle market from internal combustion engine (ICE) power to electric (EV) is happening faster, more furiously and at more price levels than anyone could have forecasted, even as recently as a year or two ago. In 2020, EVs represented barely two percent of the American market. They …

The Electric SlideRead More

Cautionary Tales of Big Tech and Your Business

By Deborah Patton   |   March 6, 2023

Let’s take a pause. Have you been keeping track of the tech news? We’re entering a new phase of our obsession with technology and its influence. This is not an essay on turning a blind eye to the power of technology nor a rejection of its synergistic role in improving the human condition. But rather, this is a voice for the skeptics that are monitoring our steps and missteps. What does it have to do with retail? It has everything to do with how everyone is navigating a brave new world that has no unified playbook – and that includes leadership, …

Cautionary Tales of Big Tech and Your BusinessRead More

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Copyright © 2023 · Robin Lewis, Inc. All rights reserved. Copying or reproducing, by any means whatsoever, of The Robin Report, or any distribution hereof, in whole or in part, without the express written consent of Robin Lewis, Inc. is strictly prohibited. The Robin Report is published for senior executives in the retail, fashion, beauty, consumer products and related industries. The opinions expressed herein are not, and should not be construed as investment or other advice. All expressions of opinion are subject to change without notice.