Retail

It was also the wholesalers and retailers who had noticed the company's declining appeal.

Under Heiner, Adidas had lost ground to its biggest rival and even newcomers.

Retailers would now rather stock Nike, New Balance, Lululemon, and even Under Armour over Adidas and Reebok, all of which was having a material negative impact on the business.

Even in areas of strength like football, Nike was also catching up, with its sponsorship of Barcelona, Neymar, and an exclusive Cristiano Ronaldo boot collection.

public criticism of Heiner from hedge funds and large investors was simply too overwhelming to ignore.

Today's episode is awesome and will be wonderful if you listen to it in your earbuds alone.

But it does feature a tour through the laboratory of a retail mad scientist.

So if you want to see what you're hearing, you can check out a video version of today's show on YouTube.

To do that, you can head on over to YouTube and search for Where We Buy Podcast.

His neighbors were not happy.

You're listening to Where We Buy.

It's the show where we talk with retail experts and visit the places where we buy.

My name is James Cook and I research retail and real estate for JLL.

$9 billion.

That's what retail crime costs Canadian retailers every year before a single dollar goes to prevention.

Today, part two of my conversation with Kim Furlong, President and CEO of Retail Council of Canada.

We follow the stolen goods from store shelves to export warehouses to online marketplaces and talk about what it will take at the legislative level to stop repeat offenders.

Let's move into some specific issues.

I know that it predated you arriving here, but did reach kind of a bit of a crescendo.

Let's talk about loss prevention, retail crime, organized retail crime, certainly nothing new to the retail sector.

But there was a A lot of things that needed to happen legislatively that we thought was very, very important.

The market's freaked out.

Retail's selling.

We're retail, sorry.

So us, we're freaking out.

What do I need to know before I go to a dispensary and have an informed conversation?

Dr. Lauren Delon, thank you, from Vice President of Retail Operations for Clutch.

Outside of this, have you, look, I know in the past you've talked to people in Washington.

Like, what are you seeing, hearing, anything telling as far as your just vibe in the overall industry right now? Because there's a lot going on.

Hello, everybody.

Thanks for joining us here on the latest episode of The Road to Retail.

On our podcast, Tracy and I hope to offer insights and ideas for how emerging small and challenger CPG brands can establish and grow their business.

Bruce and I have each been working in CPG commercial operations for over 30 years, working on brands of all sizes.

On our show, we bring on guests such as brand founders and leaders, investors, as well as all kinds of suppliers that are subject matter experts on growing brands to share their unique insights with you.

To keep up with the show, please follow the Road to Retail podcast on Apple Podcasts, Spotify, or YouTube.

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Check out our website at www.road2retail.com and follow the Road to Retail on LinkedIn.

Good morning, this is Decoding Retail.

Starting in the UK, Talking Retail reports Poundland is on the brink of administration after days of market speculation.

Around 11,000 jobs are at risk.

USDAW, the Retail Trade Union, has called on the government to do all it can to save the business.

Losing Poundland would be one of the largest UK retail failures in recent years, and it would take value price anchor off hundreds of high streets.

The British Retail Consortium says the budget will keep retail costs climbing, and it's called the business rates announcement Smoke and Mirrors.

Retail now faces £41 billion in business taxes this year.

More than 120,000 jobs have gone across the sector in two years, and one in seven shops is empty.

And that reflects sales going up in the reports.

Retail sales of the government reports, same thing.

They're not adjusted for inflation.

Keep that in mind when you read these things.