The Shopping Revolution, Updated and Expanded Edition
How Retailers Succeed in an Era of Endless Disruption Accelerated by COVID-19
Published on 30. April 2021
210 pages
978-1-61363-113-3 (ISBN)
Description
Featured in The New York Times, Bloomberg, and Vox, The Shopping Revolution is "a brisk and thought-provoking anatomy of shopping in the 21st century" (Kirkus Reviews).
The retail industry was already in the midst of unparalleled disruption. Then came COVID-19.
In a fully updated and expanded edition of The Shopping Revolution: How Retailers Succeed in an Era of Endless Disruption Accelerated by COVID-19, Wharton professor Barbara E. Kahn, a foremost retail expert, examines the companies that have been most successful during a tsunami of change in the industry. She offers fresh insights into what we can learn from these companies' ascendance and continued transformation in the face of unprecedented challenges.
Kahn, also the author of Global Brand Power: Leveraging Branding for Long-Term Growth, examines:In a brand-new chapter, how companies in China, like Alibaba, JD.com, and Pinduoduo have changed the game;How Amazon became the retailer of choice for a large portion of the US population, and how other companies have chosen to work with them or have to compete against them; How Walmart beat out other grocers in the late 1990s to become the leader in food retailing, and how they must pivot to hold their leadership position today; How Warby Parker dared to compete against Luxottica in the lucrative eyewear business, and what that can tell start-ups about how to carve out a niche against a Goliath; How Sephora drew away customers from once-dominant department stores to become the go-to retailers for beauty products.
Kahn argues we are just witnessing the start of the radical changes in retail that have been hastened by the pandemic and will revolutionize shopping in every way. Building on these insights, Kahn offers a framework that any company can use to create a competitive strategy to survive and thrive in today's-and tomorrow's-retail environment.
The retail industry was already in the midst of unparalleled disruption. Then came COVID-19.
In a fully updated and expanded edition of The Shopping Revolution: How Retailers Succeed in an Era of Endless Disruption Accelerated by COVID-19, Wharton professor Barbara E. Kahn, a foremost retail expert, examines the companies that have been most successful during a tsunami of change in the industry. She offers fresh insights into what we can learn from these companies' ascendance and continued transformation in the face of unprecedented challenges.
Kahn, also the author of Global Brand Power: Leveraging Branding for Long-Term Growth, examines:In a brand-new chapter, how companies in China, like Alibaba, JD.com, and Pinduoduo have changed the game;How Amazon became the retailer of choice for a large portion of the US population, and how other companies have chosen to work with them or have to compete against them; How Walmart beat out other grocers in the late 1990s to become the leader in food retailing, and how they must pivot to hold their leadership position today; How Warby Parker dared to compete against Luxottica in the lucrative eyewear business, and what that can tell start-ups about how to carve out a niche against a Goliath; How Sephora drew away customers from once-dominant department stores to become the go-to retailers for beauty products.
Kahn argues we are just witnessing the start of the radical changes in retail that have been hastened by the pandemic and will revolutionize shopping in every way. Building on these insights, Kahn offers a framework that any company can use to create a competitive strategy to survive and thrive in today's-and tomorrow's-retail environment.
Reviews / Votes
"A brisk and thought-provoking anatomy of shopping in the 21st century." (Kirkus Reviews) "A brilliant analysis of the disruptive effect that Amazon is having on the retail industry and how stores can fight back in order to survive." (Walter Loeb, Forbes) "An essential read for anyone who wants to keep pace with their customers and anyone who wants to understand the massive changes underway in retail." (Neil Blumenthal, co-CEO and co-founder, Warby Parker) "How retailers and brands engage with customers is undergoing a profound transformation and The Shopping Revolution provides a thoughtful framework on how to innovate in the new world of retail." (Oliver Chen, Managing Director, Cowen and Company) "A must-read for anyone who aspires to reach customers today-and tomorrow." (Marc Lore, Former CEO, Walmart eCommerce US) "A masterful storyteller, Barbara Kahn expertly unpacks the strategies of today's seemingly unbeatable retailers . . . . The Shopping Revolution is an indispensable guide for anyone who has a product to sell in the retail world." (Stuart Weitzman, Founder, Stuart Weitzman LLC) "Sharing the stories of successful companies, Barbara Kahn offers a framework to structure strategic thinking and set the path for success. Highly recommended for anyone who wants to understand how to compete in retail-now and in the future." (Pierre-Yves Roussel, Member of the Executive Committee, LVMH (Louis Vuitton-Moet Hennessy)) "The Shopping Revolution is ideal for those who want to gain insight into the dynamically changing retail industry. This great read covers the mechanics at play in a straight-forward manner and will help readers understand the direction retailers must take to succeed." (Al Sambar, Managing Director, Kurt Salmon, part of Accenture Strategy) "I highly recommend The Shopping Revolution to anyone who wants to understand the changes in retail and learn how to outperform the competition." (Thomas Kingsbury, CEO, Burlington Stores)More details
Language
English
Place of publication
Philadelphia
United States
Target group
College/higher education
File size
2,28 MB
ISBN-13
978-1-61363-113-3 (9781613631133)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Barbara E. Kahn
The Shopping Revolution, Updated and Expanded Edition
How Retailers Succeed in an Era of Endless Disruption Accelerated by COVID-19
Book
04/2021
Wharton Digital Press
€24.00
Shipment within 3-4 weeks
Person
Barbara E. Kahn is Patty and Jay H. Baker Professor of Marketing at The Wharton School at the University of Pennsylvania. She served two terms as the director of the Jay H. Baker Retailing Center. She served as Executive Director of the Marketing Science Institute (MSI) (2019-2021). Prior to rejoining Wharton in 2011, Kahn served as the dean and Schein Professor of Marketing at the School of Business Administration, University of Miami (from 2007 to 2011). Before becoming dean at UM, she spent 17 years at Wharton as Silberberg Professor of Marketing. She was also vice dean of the Wharton undergraduate program. Kahn is an internationally recognized scholar on retailing, variety seeking, brand loyalty, product assortment and design, and consumer and patient decision-making. She has published more than 75 articles in leading academic journals and been featured in the New York Times, The Wall Street Journal, Financial Times, NPR, Washington Post, Fortune, Fast Company, and Forbes, as well as on NPR and The Today Show, among other outlets. In addition to The Shopping Revolution, she is the author of Global Brand Power: Leveraging Branding for Long-Term Growth and coauthor of Grocery Revolution: The New Focus on the Consumer.
Content
- Cover
- Title Page
- Copyright
- Dedication
- Contents
- Introduction: How to Compete Successfully in a Retail Apocalypse
- Chapter 1: Gain a Competitive Edge: The Kahn Retailing Success Matrix
- Chapter 2: Amazon the Disruptor: Laser Focus on the Customer and Reducing Friction in the Shopping Experience
- Chapter 3: Price Leadership Is Not Enough: Successful "Everyday Low Price" Retailers Add Frictionless Expertise
- Chapter 4: The Power of the Brand: The Direct-to-Consumer Model
- Chapter 5: The Paradox of Luxury: When Low Prices and Accessibility Are Undesirable
- Chapter 6: Compete on Customer Experience: The Lure of Emotional and Sensory Engagement
- Chapter 7: Learning from "New Retail" in China
- Conclusion
- Notes
- Bibliography
- Index
- About the Author
- About Wharton School Press
- About the Wharton School
