More #outlet stores in 1A inner center locations // A profitable business with #returns for #retail // Threat of "moon price" #discounts for #consumers diminishes with digital price transparency & power of public shitstorms // Thx to 📺 WDR Servicezeit ardmediathek.de/video/servicez…

#Walmart plans Buy Now Pay Later #BNPL #payment service with "own" fintech // Add-on aims at the growing amount of wealthier #consumers (>100K income) now #shopping at the grocer's // Strain from #inflation & price-focused buy climbs the ladder & will last cnbc.com/2022/12/09/wal…

#Carrefour trials #mobile #pickUpStation in Paris // #Autonomous vehicle delivers bundled e-orders to fixed destination/date, awaits consumers' pickup & returns to depot for refill // #omnichannel #consumer #convenience + optimized #delivery costs/process retail-optimiser.de/carrefour-test…

#Discounter #Penny plans click & collect service to expand #ecommerce // Addition to #branch #delivery service (2021)// #Consumers value convenience & choice // Increase of online #revenues a must // eSales apparently "on top", don't drain stationary sales lebensmittelzeitung.net/handel/online-…

#Woolworth expands while big players (#GKK) struggle // #Warehouse concept as low-cost sole #supplier worked well so far // In recession, #consumers save & cut back on dispensable fashion & decor goods, I told tagesschau.de // Strong rivals in segment too tagesschau.de/wirtschaft/ein…

New "UK #marketplace" w/ USP as #platform for "physically UK based only" (sellers & products) // Aims to exclude Chinese #retail & #price dumping competition// Good intention for domestic sellers & consumer confidence // Interesting, yet start-up flaws 🤔 eseller365.com/new-uk-marketp…

Puppe #Elin: Mädchen im Rollstuhl zieht in die #Sesamstraße ein - Finde ich absolut klasse! #Inklusion tagesschau.de/inland/sesamst…

How the #automotive industry sets #prices for new car models years in advance // Scientific evaluation of #consumers' willingness to pay for diff. value drivers was a key in 🎙️Patrick Valentin's (SD Simon-Kucher) guest lecture in #myWHU #MBA #PriceManagement class // Thank you 🚀

Manic Monday // Looming #traffic shutdown in vast areas of GER, the land of #mobility & accuracy // As for the striking #employees demanding a pay raise, I fully understand // But measures taken by #VERDI & #EVG are way over the top! #leadership #imageloss tagesschau.de/wirtschaft/war…

Growing brands via vertical extension // New paper "Vertical #LineExtension: a systematic review of research on ⬆️ & ⬇️ line extension" by #myWHU professors @AnnaK_Schmitz, Tim Oliver Brexendorf & me in the #Journal of Product & #Brand #Management Read 👇 emerald.com/insight/conten…

Ich wünsche allen ein schönes Osterfest und grüße aus den österreichischen Bergen ⛰️

WOW! My 20th #anniversary as #professor WHU today 🎇// It's been a great BIG ride & I am far from done // Time to be grateful & thanks to all who have supported and challenged me on my journey // I promise to rock on & empower future #leaders // #myWHU is my #happyPlace 🎉🍾

Great guest lecture in #omnichannel business class // 🎙️Stefan Wenzel talked about the transformative impact of #AI on the business landscape // #myWHU #MBA #students gained invaluable insights on how AI reshapes #retail, revolutionizes operations & unlocks growth // A big thank you🚀

#Retailers must respond to challenges of AI, social #commerce & shifting #consumer behavior // Professional #PriceManagement is indispenable, I told Location Insider in "Retail Trends 2023"// Push private labels for competitive edge vs. manufacturer brands locationinsider.de/fight-fly-or-f…

How to recruit #nextgeneration young talent in #Retail // 6 steps for #Recruiting & HR to realign & attract #GenZ // Tackle steady decline in applicants per job offer // Recommended measures by professor Markus Szajna & me in Lebensmittel Zeitung #lovemyjob #myWHU lebensmittelzeitung.net/handel/karrier…

#Birkenstock's IPO in the US // Strong statement of a strong brand // It capitalizes current hype & strategic collabs with luxury brands // Top #brand management & #strategy //Product placement in #BarbieTheMovie 🎯// Thanks ntv Nachrichten ntv Telebörse 📺min. 03:14 n-tv.de/mediathek/send…

Challenging macroeconomic environment: What to do? // 🎙️ I shared potential opportunities in #price & brand mgmt, retail marketing & #omnichannel business at the 🇩🇪 Fruit & Vegetable Congress 2023// What's ahead for #retail? How to engage with #consumers? 🙏 #DOGK & Fruchthandel Magazin

Pre-Christmas retail // Discount battles, empty shelves, persistently high #prices // Consumers unsettled // #Retailers & #brands face higher costs & pass them on // Yet no higher profits than a few yrs ago, I told @NDR for #consumer magazine 'Markt' Watch lnkd.in/ePSBDWn5

How HUGO BOSS Corporate drives omnichannel #retail to become the top premium tech-driven fashion platform — 🚀 Guest lecture by Dominik Salzer (SVP Global Retail at HUGO BOSS) on evolving strategies, #consumer experience, data orchestration & in-store hospitality w/ #myWHU #MBA students 🙌

Discount #retailer #ACTION with impressive €11.3 BN revenue // Right on time // Action benefits from higher-margin non-food items, whereas #Aldi, #Lidl specialize in food w/ typically lower #margins // #Consumers aim to save // Thx #Galileo ProSieben 📺 youtube.com/watch?v=egbncZ…