Two of the major retail changes that have caught attention in 2022 now seem to be faltering. So does this suggest that fundamental change is not the path forward? And if these major shifts are stumbling, what does this mean for the wider industry? In this episode, Oliver Banks explores two particular examples and highlights the common challenges that cause retail transformation initiatives to fail.

Listen to this episode of the Retail Transformation Show podcast and discover:

  • Which are the two major changes that seem to be failing right now.
  • Understand if the challenges are a risk to other initiatives or specific to these changes.
  • And discover the best practice that can help maximise your transformation’s success.

 

Drive your change forward and discuss your options with Oliver Banks

If this episode has inspired you to think differently about your transformation, then reach out to Oliver Banks to discover what else you can do to maximise your opportunities.

Email oliver.banks@obandco.uk and arrange a call to discuss your situation directly with Oliver.

Additional episodes of the Retail Transformation Show podcast to listen to

In this episode, Oliver mentioned about getting the right balance between fundamental and incrementatl transformation. So find out more about these two types and what’s right for your business in episode 203: Fundamental And Incremental Transformation.

203: Fundamental And Incremental Transformation - The Retail Transformation Show with Oliver Banks

Then in episode 187: What If Your Transformation Is Wrong, challenge yourself to make sure that your current approach to evolving your organisation is right.

187: What If Your Transformation Is Wrong - The Retail Transformation Show with Oliver Banks

And if you’d like to discover more about quick commerce, or Q-commerce, then listen to episode 169: The Rise of Quick Commerce (part 1). You’ll learn more about the market and challenges that exist – including profitability.

169: The Rise of Quick Commerce (part 1) - The Retail Transformation Show with Oliver Banks

Finally, listen to episode 185: Are Checkout Free Stores The Future and explore the opportunities of operating a high tech store, similar to Amazon Fresh stores.

185: Are Checkout-Free Stores The Future? - The Retail Transformation Show with Oliver Banks

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