The Partnership Economy explores the power of partnerships through candid conversations and stories with industry leaders. Our hosts, David A. Yovanno, CEO and Todd Crawford, Co-founder, of impact.com, unpack the future of partnerships as a lever for scale and an opportunity to put the consumer first.
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Why In The World Would Ulta Pause Its Target Expansion?
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Manage episode 477771453 series 2106196
Content provided by Omni Talk Retail. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Omni Talk Retail or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In this episode of the Omni Talk Retail Fast Five, brought to you by the A&M Consumer and Retail Group, Simbe, Mirakl, Ocampo Capital, Infios, and ClearDemand,Chris Walton and Anne Mezzenga break down Ulta's surprising decision to pause its shop-in-shop rollout with Target. Despite Target touting strong beauty performance, Ulta CEO Kecia Steelmanâan operations leader and former Target execâhas decided to hold at 610 locations, raising questions about store traffic, brand alignment, and future investments. Chris compares Target to a âMike Dexterâ moment in retail (3:00), while Anne explores how cultural sentiment and operational caution may be driving this pause (4:50). đ Key Moments: (0:00) Ulta pauses shop-in-shop expansion at Target (1:18) Targetâs beauty sales vs. Ultaâs decision (2:00) Placer.ai data and Target foot traffic (3:00) Chris compares Target to âMike Dexterâ (4:50) Anne discusses Kecia Steelmanâs operational mindset (7:00) Targetâs unusual pullback on a major partnership (8:00) Implications for Targetâs brand and comp sales For the full episode head here: https://youtu.be/US96EqI2Bnk #ultabeauty #target #retailnews #retailstrategy
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1422 episodes
MP3•Episode home
Manage episode 477771453 series 2106196
Content provided by Omni Talk Retail. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Omni Talk Retail or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In this episode of the Omni Talk Retail Fast Five, brought to you by the A&M Consumer and Retail Group, Simbe, Mirakl, Ocampo Capital, Infios, and ClearDemand,Chris Walton and Anne Mezzenga break down Ulta's surprising decision to pause its shop-in-shop rollout with Target. Despite Target touting strong beauty performance, Ulta CEO Kecia Steelmanâan operations leader and former Target execâhas decided to hold at 610 locations, raising questions about store traffic, brand alignment, and future investments. Chris compares Target to a âMike Dexterâ moment in retail (3:00), while Anne explores how cultural sentiment and operational caution may be driving this pause (4:50). đ Key Moments: (0:00) Ulta pauses shop-in-shop expansion at Target (1:18) Targetâs beauty sales vs. Ultaâs decision (2:00) Placer.ai data and Target foot traffic (3:00) Chris compares Target to âMike Dexterâ (4:50) Anne discusses Kecia Steelmanâs operational mindset (7:00) Targetâs unusual pullback on a major partnership (8:00) Implications for Targetâs brand and comp sales For the full episode head here: https://youtu.be/US96EqI2Bnk #ultabeauty #target #retailnews #retailstrategy
…
continue reading
1422 episodes
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