Innovation Labs: Innovate or Die
Most retailers, either online or brick-and-mortar, aren't able to spend enough of their marketing budget on R&D on a consistent basis to make a difference to their business. This puts them behind the curve, and makes it nearly impossible for them to compete with digital giants long term.
- Companies:
- Amazon.com
- Wal-Mart
- Places:
- United States
John Grech is currently the Head of Retail Partnerships at Loop Commerce leading sales, business development and growth for the company. Loop is powering GXM for leaders like Target, Neiman Marcus, Vera Bradley, Coach, Kate Spade Michael Kors, and others. Prior to Loop, he was Co-Founder of Iterate Studio, a venture designed to close the gap on how retailers and brands access early-stage startup innovation. Essentially, Walmart Labs for everyone else and delivered as a service.
