The Shopping Revolution, Updated and Expanded Edition
How Retailers Succeed in an Era of Endless Disruption Accelerated by COVID-19Wharton School Press
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.
"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-Moët 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