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" ... Given that most companies get, or at least retain, the employees they deserve, biopharma executives will need to decide whether they’re fundamentally more interested in heat or light. Prospective employees will assort themselves accordingly. ... "
" ... Where previously brands have had to add to their skills as a retailer, Neighborhood Goods allows a direct-to-consumer brand to have stores without having to be a retailer. Neighborhood Goods does not own the goods in its stores. Brands pay Neighborhood Goods to merchandise and assort the products and Neighborhood Goods runs the store. That creates a sea change in the relationship between wholesalers and retailers who historically have pressured each other into taking responsibility for absorbing losses when the products don’t sell. In Neighborhood Goods’ formulation, the work is more collaborative and it isn’t about who’s responsible for the markdown, it’s a question of how to best work together to sell the products. (This is not like the leased departments of decades ago where brands rented small spaces inside larger stores and did whatever they wanted within their own spaces. This is about true collaboration where the brands provide the products and the retailer provides the expertise about which products should be in the store and how they should be displayed, promoted and sold.) ... "
" ... “Going forward, Macy’s and Bloomingdale’s will be better able to move more quickly and nimbly to select merchandise, assort inventories and serve total customer demand, no matter how, when or where the customer shops," Macy's CEO Terry Lundgren said in a statement Thursday afternoon. "Some redundant activity also can be avoided to accelerate speed to market, partner more effectively with vendor resources and ensure the merchandising organizations are more responsive to the marketplace in making and implementing decisions." ... "