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Retail Resilience and the Evolution of Consumer Preference
This chapter discusses the current state of the retail landscape, focusing on the contrast between successful brands like Lululemon and struggling giants such as Best Buy. It explores the ongoing challenges posed by major retailers and the importance of innovation in a competitive market, while also examining the shift in consumer preferences towards value and experience. Additionally, the speakers share personal insights on entrepreneurship and the journey of reinvention after exiting a successful business.