CG: Case Studies in Experiential Retail
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 12 September 2017
⏱️ 26 minutes
🧾️ Download transcript
Summary
In a strange twist, the newest retail store from Nordstrom will carry no inventory. Instead, the company hopes a unique menu of services will provide a rich enough experience to connect with shoppers – a trend that is growing quickly in the brick-and-mortar world. The cast also looks at how Starbucks is faring under the new leadership of Kevin Johnson.
Transcript
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| 0:00.0 | Welcome to Industry Focus, the podcast to dives into a different sector of the stock market every day. |
| 0:07.0 | I'm your host, Vincent Shen and it's Tuesday, September 12th. |
| 0:10.0 | We're going to hit a couple stories making headlines this week before providing an update on Starbucks. |
| 0:15.6 | Joining me via Skype for this retail and consumer roundup is Senior Fool.com Contributor |
| 0:20.3 | Osset Sharma. |
| 0:21.3 | Great to have you back, asset. |
| 0:23.0 | Great to be here, Vince. |
| 0:24.3 | Thanks a lot for having me back. |
| 0:25.7 | Yeah, absolutely. |
| 0:26.7 | A lot of fools here at HQ have been chatting |
| 0:29.8 | and kind of debating over our first story, |
| 0:32.3 | and I wanted to very quickly get your thoughts on it too so |
| 0:34.7 | Amazon has announced that the company is looking to open a second |
| 0:38.8 | headquarters outside of its home base in Seattle so the founder and CEO Jeff Bezos, he started the company there, I think 20 some |
| 0:46.4 | years ago, but Amazon is outgrowing, it's campus in the city, so they already have, I've read that they already |
| 0:51.7 | have an estimated 33 buildings and 10% of all the commercial real estate |
| 0:58.2 | downtown in Seattle. |
| 1:00.0 | So beyond space constraints, there's also the challenge of competing for labor and they need |
| 1:05.6 | thousands of developers and engineers to kind of sustain the growth at the company. |
| 1:10.3 | So I said, what do you think? |
| 1:11.3 | I've heard a few people actually point to your area, |
| 1:14.0 | Raleigh Durham and kind of the research triangle area as a great candidate for the new |
... |
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