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COVID turned Fortune 100 companies into startups w/ Simeon Siegel
Manage episode 288861095 series 2899238
The retail landscape was upended by COVID-19 and the subsequent lockdowns, but Simeon Siegal believes there are many silver linings. When the pandemic hit, Siegel says retailers were faced with an environment of zero revenue and optional costs. This gave massive companies the ability to do something only startups are typically capable of: pivoting.
Andrew and Simeon discuss a wide range of topics including port congestion and inventory levels, new fulfillment methods, consumer retraining, and how pirates don't like to hunt for treasure.
Learn more about your ad choices. Visit megaphone.fm/adchoices
79 bölüm
Manage episode 288861095 series 2899238
The retail landscape was upended by COVID-19 and the subsequent lockdowns, but Simeon Siegal believes there are many silver linings. When the pandemic hit, Siegel says retailers were faced with an environment of zero revenue and optional costs. This gave massive companies the ability to do something only startups are typically capable of: pivoting.
Andrew and Simeon discuss a wide range of topics including port congestion and inventory levels, new fulfillment methods, consumer retraining, and how pirates don't like to hunt for treasure.
Learn more about your ad choices. Visit megaphone.fm/adchoices
79 bölüm
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