The entire foundations of Retail have been shaken and we are entering a huge period of transformation. There is no blueprint and there are no silver bullets. Those that do not act or continue to act in the ways they always have – will fail. Tom Owen shares his five key considerations on how to manage reopening stores post lockdown.
Tom Owen, managing consultant at TPC provides a checklist to help Retailers position their response to the COVID-19 pandemic and their planning for the recovery. Key actions include changing their mindset to a “crisis mode” and being willing to fail fast and learn quickly. This is a generationally defining moment in history, as well as Retail. How businesses act in these moments will define how they are seen for years to come.
Thought Provoking Consulting announces new hires to its 3D Digital Transformation practice; Tim Devlin joins as the Global 3D Digital Principal and Chelsea Snyder as 3D Consultant!
Tim Devlin brings over 10 years of retail industry experience, with 5 years dedicated to the advancements of 3D digital product creation. Tim worked as a Global Buyer at Columbia Sportwear before being promoted to leading their Digital Innovation and Digital Strategy practice. He is a thought leader in the 3D digital space where he regularly appears as a public speaker, and he was the co-writer of a published research study on the topic of standardization using comparative analysis of fit. He is passionate about embracing 3D digital capabilities to make the industry more sustainable, customer-centric focused, and less wasteful. Before joining TPC, Tim developed his love for 3D digital capabilities in the fashion industry through consultative work at Intel on the UI and UX for wearables. He introduced 3D digital prototyping into Columbia Sportwear’s processing and led the 3D practice for the $6.59B company. Referring to himself as a technologist, Tim is excited about innovation and hands-on breakthroughs in technology. He managed the Innovation Centre at Kalypso in a previous role where he spent much of his spare time on the research and development of academic studies in the 3D practice. Keith Taylor, CEO of TPC, said, “We’re thrilled to have Tim on board. His depth of experience, knowledge, and technical capabilities around the exciting 3D transformation pillar will complement our growing team of passionate retail veterans who hold the same values.” As the new Global 3D Digital Practice Lead,…
The fashion industry is broken. It’s been truly broken since about 1998 and it doesn’t look like it’s getting much better. Oddly, the fixes have been around nearly as long as the malaise, so why hasn’t the industry responded? That’s a question I’m not sure can be fully answered, but before we try, let’s look at the problems. I’ve grouped them into three areas which we’ll explore: Customization, The Fit Experience, and Sustainability.
Culture is one of the most talked-about concepts in business today. Companies are offering a wealth of culture friendly benefits, including ping pong tables at work, fitness trackers, office snacks, and dog-friendly offices to compete for engaged talent. How important are these, though, and do they genuinely make an overall difference to employee happiness and in turn, client satisfaction? The answer is ‘sort of.’ They often deliver short-term satisfaction, but to be a true leader in this space, much more is required.
Retailers have already started leaking their Black Friday sales announcements and prices. In anticipation of this years shortened season everyone is getting a jump on this crucial period. Analysts and industry heads are making their annual predictions, consumers are making their lists of coveted items, and retailers are scurrying to ‘get it right’. When all is said and done, we will know too well which retailers have been naughty and nice!