Coronavirus: Death of Retail and Higher Ed?

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.6 • 1.8K Ratings

🗓️ 6 May 2020

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As Americans shelter at home, everyday shopping habits have changed, perhaps permanently, with online grocery sales way up, and department stores struggling to survive. Here's an interview I did with Scott Galloway, a professor of marketing at New York University, about the future of retail and higher education. Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0	Welcome to the Jill On Money Coronavirus Market update. We are recording this early actually. It's Tuesday morning,
0:12.2	1034 a.m. Eastern time and I don't know we decided to go
0:18.8	early today because we've got a fantastic interview for. We have Professor Scott Galloway here for you guys. This is
0:28.4	fantastic because I was able to interview him last week for a piece that ran on CBS Sunday morning. We can't ever
0:37.3	put as much in a television segment as we can on a podcast. So what I think is great are all the things that end up on the
0:45.8	cutting room floor and this is a great example of that. Now Scott is a professor of
0:51.3	marketing at New York University's Stern School of Business.
0:56.7	He is an author of The Four and Algebra of Happiness.
1:01.1	We actually had him on the pod right after he wrote the four and
1:03.7	then he got very famous and never came back, but we got him now. We're talking
1:07.6	about essentially the the changing retail landscape, the death of retail if you will and certainly the
1:12.8	death of retail, if you will, and certainly right after J crew filed for Chapter 11
1:17.6	bankruptcy, there will be others, we know that.
1:20.9	And we're also going to talk a little bit about higher education.
1:25.0	Certainly since everyone's been forced to take those college classes at the end of the
1:29.6	semester online we're starting to realize that maybe the college that you thought was worth
1:35.8	10, 30, 50, 70 grand year, maybe not exactly worth that.
1:41.4	So I'd love to hear from you after you listen to this. Tell us what you
1:46.0	think. Send us an email. Ask Jill at Jill on Money.com. Ask Jill at Jill on Money.com.
1:53.0	And of course, send us your questions as well.
1:55.0	Tomorrow we'll get back to answering all those questions.
1:58.0	Rest of the week's going to be a lot about the labor market.
	...

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