The continuing goal of "The Innovation Conversation" is to explore some facet of the fast-changing, technology-driven retail landscape and how it affects businesses and consumers. It is, we think, fertile territory ... and one that Tom Furphy - a former Amazon executive, the originator of Amazon Fresh, and currently CEO and Managing Director of Consumer Equity Partners (CEP), a venture capital and venture development firm in Seattle, WA, that works with many top retailers and manufacturers - is uniquely positioned to address.
Last week, Tom Furphy attended ShopTalk 2022 in Las Vegas, and came away with a sense that it was an accurate reflection of the moment - there was a balance between elements of real innovation and a representation of evolving current models and how they are navigating the realities of the space. Among the things he and KC talk about are Instacart's new and potentially game-changing platform, a new demand for profitability, and the discussion around things like the metaverse and rapid delivery models.
If you'd like to listen to this Innovation Conversation as an audio podcast, click below.