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.
This week, Tom and KC start out by discussing the high-profile departures of Dave Clark (from Amazon) and Sheryl Sandberg (from Meta) and their impact on the companies where they spent so many years … move on to chat about Marc Lore's new food delivery business, Wonder … and wind up talking about how retailers will. and should, deal with current economic stresses. Will they delay investments in innovation and put the emphasis on "returning to fundamentals?" Or will they use the moment to find new and innovative ways to get closer to customer needs and desires?
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