Queen’s song “Another one bites the dust” is topping the charts in Retail industry. It’s not exactly carnage at an industry scale yet, but some retailers are clearly feeling it like it is one, including
Personally, I think there are numerous reasons for carnage in Retail, and especially for certain retailers. Bad products, poor merchandising, poorly thought or non-existent loyalty programs, lousy omni-channel capabilities, little support for experiential shopping are some of the reasons that come to mind. Each of above reasons by itself can cause significant trouble, but if a retailer is afflicted by combination of the above, carnage and eventual demise are certain.
Today’s W. C. Fields Award for Excellence in BS goes to this article in CIOReview