Don’t Confuse Reinvention With Disruptive Innovation
After a number of retail failures and bankruptcies, including Sears Canada, it is time to be bolder about how to turn around struggling retail brands. When I am asked about…
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Retailing In Two Directions: Can An Old Economy Retailer Enter The New Economy?
For over the last five years, since I wrote “Last Retailer Standing Relevant Leadership Relevant Brand”, I have often been interviewed and quoted in the media about the plight of…
Why Target Failed In Canada
Why Target Failed In Canada By George Minakakis CEO, Inception Retail Group Market research can at times be equivalent to reading tea leaves especially if you are blinded by…
The Next Evolution Of Canadian Retail
Retailers in Canada continue to struggle and there are many of them in a vulnerable financial situation, both domestic and foreign. Aside from the usual dialogue about Target and Sears…
Relevant Leadership = Relevant Brands
Just this week I was interviewed by Kate MacNamara from CBC-Radio. We discussed why retailers are failing and how difficult it is for some to recover from ostensibly what are…
Too Much Noise
How do you begin to understand where the world is heading today with all the noise? Ebola, ISL, Volatile Global Markets, the Ukraine and Hong Kong. Did I miss anything?…
Second Chances II
Everyone has the opportunity to rebuild his or her personal and business lives. The common denominator in failed careers is all about their willingness to take risks and invest time…
Second Chances
I once asked a friend how did you feel turning 35? He responded by saying not as good as it did turning 30. The reason for his answer was that…
Are You Working For The Right Retail Chain?
Last week I shared an update and it said; “I expect between 4-5 retail chains to fail in Canada within the next 18-24 months.” Business longevity is something that is becoming…
Cross Border Shopping The Saga Continues
Cross Border Shopping The Saga Continues By George Minakakis The latest in Canadian retail news is that sales were down in December and driven by cross border shopping. Once again…