Euny Hong

Retail’s most valuable asset isn’t inventory, it’s trust

The dilemma is that while customers obviously expect brand quality, they also want the convenience of technology. Parr said that COVID completely changed customer expectations—or rather, “techspectations.” “From a brand’s perspective, screwing this stuff up is much riskier than it’s ever been,” she said, “because coming out of COVID, we haven’t become nicer consumers. We’ve…

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