article thumbnail

As Emerging Markets Slow, Firms Search for “New” BRICs

Harvard Business Review

For example, Peru’s rising middle class offers an increasingly attractive choice for consumer goods and retail MNCs looking to diversify their investments beyond established markets. Quantifying the impressive rise of the middle class, FSG calculates private consumption in Peru is set to grow 54% between 2010 and 2015.

article thumbnail

The Internet Has Been a Colossal Economic Disappointment

Harvard Business Review

Not only did it create the automotive industry, but Henry Ford shocked the industrial world when he doubled the pay of assembly line workers to $5 a day. They made a new form of retail distribution possible—the shopping center. Exhibit A: Online retailing has directly replaced many jobs and indirectly eliminated many more.

Retail 8
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CEOs Must Engage All Stakeholders

Harvard Business Review

It closed out the 2010 fiscal year with €11.97 billion in retail managed resources, of which €8.43 It has resulted in positive cash flows, occupancy of over 90%, and higher levels of customer and employee satisfaction in 2010. billion were within the balance sheet, rising 7% versus the average of 0.5%

CEO 11
article thumbnail

Many Companies Still Don’t Know How to Compete in the Digital Age

Harvard Business Review

Every industry, no matter how traditional — agriculture, automotive, aviation, energy — is being upended by the addition of sensors, internet connectivity, and software. It dominated the ultra-profitable, digital-photo-kiosk market, even pushing archrival Fuji out of Walgreens’s retail-pharmacy juggernaut.

article thumbnail

18 of the Top 20 Tech Companies Are in the Western U.S. and Eastern China. Can Anywhere Else Catch Up?

Harvard Business Review

But as the digital revolution continues to spark widespread disruption in other industries — automotive, financial services, health care, and retail — who will win? Amazon’s acquisition of Whole Foods Market is perhaps the purest expression of the blending of the digital and physical worlds of retail.