In this episode, I take a deep-dive look into the future of sneaker retail amid the generational shift in what we buy, and the technological changes happening everyday. I look into recent store closures, the decline of big box retailers and malls and contemplate the long-term future of retail. Finally, I examine what retailers need to do to save brick-and-mortar retail, and what Nike can do to help going forward. I also talk about Kanye story in NYT, CPFM Flea 2, and Complex cancelling shows.
Sockjig Socks in Elachi Green available now at shop.sockjig.com
Timestamps
00:00 - George Cold Open
00:20 - Intro
01:45 - Sockjig Socks Available Now
03:58 - Pickups, Skips, Misses
06:34 - Kanye NYT Story
11:17 - CPFM Flea 2
23:28 - Complex and the Future of Digital Media
31:34 - The Future of Sneaker Retail
36:32 - Sneaker Retail Closures
40:13 - History of Retail
41:32 - Classic Retail Model
44:23 - Generations
47:45 - The Decline of Retailers
54:00 - Current State of Sneaker Retail
59:44 - Sneaker Brands and DTC
1:02:48 - Everything Online
1:07:39 - How to Save Retail
1:23:49 - What Nike Can Do To Help
1:29:23 - Summary
Books
Retail Therapy by Mark Pilkington
The Secret Life of Groceries: The Dark Miracle of the American Supermarket by Benjamin Lorr
Links
Remember Everything You Learn from Podcasts
