5 Takeaways From SXSW 2019
5 Takeaways From SXSW 2019

SXSW Interactive has evolved over the past decade that I have been going. For starters, I’ve watched ridesharing services come, go, and come back again, but it doesn’t seem to help the traffic situation either way. This year there were scooters on top of everything, which come with their own set of issues.

Walmart is the Roman Empire of Retail
Walmart is the Roman Empire of Retail

Walmart is the Roman Empire of retail, says Burt Flickinger, Managing Director of SRG Insights. Walmart announced an impressive earnings and revenue beat that told the story investors want to hear. Walmart is winning the retail wars, especially against arch-rival Amazon.

Direct to Consumer is a Fundamental Platform Shift, Says Tim Armstrong
Direct to Consumer is a Fundamental Platform Shift, Says Tim Armstrong

Direct to Consumer, or DTC, is a fundamental platform shift, according to former AOL and Verizon digital properties CEO Tim Armstrong. “There have been a couple times in my career where there has been what is basically a fundamental platform shift,” noted Armstrong. “I felt like direct-to-consumer was something that was going to be a platform shift.”

Rakuten Super Logistics To Open 6 New Ecommerce Fulfillment Centers
Rakuten Super Logistics To Open 6 New Ecommerce Fulfillment Centers

The recent USPS shipping structure changes will increase retailers shipping costs, says Rakuten CEO Mike Manzione. What Rakuten does is help retailers offset by utilizing a network of order fulfillment centers, thereby controlling shipping costs while decreasing shipping times.

Retail Demise Due to Rise of the Internet and Inability to Keep Up
Retail Demise Due to Rise of the Internet and Inability to Keep Up

Retail executive Gerald Storch who was the former CEO of Toys “R” Us and Vice Chairman of Target explains why some retailers are failing while others are thriving. “The demise of many retail chains is due to the rise of the internet and the inability of some retailers to keep up.”

We Are Not Going Back to Old Retail
We Are Not Going Back to Old Retail

With the future of retail we have crossed over the demarcation line, says Walter Robb, the former co-CEO of Whole Foods. “We’re not going back to the old retail,” said Robb. “It’s just not going to happen. That’s the combination of digital and physical.

DTC Brands Doing Incredible Numbers on Shopify, Says COO
DTC Brands Doing Incredible Numbers on Shopify, Says COO

Direct to consumer brands are doing incredible numbers on Shopify, says Shopify COO Harley Finkelstein. He says that Kylie Jenner has generated almost a billion dollars in sales on the platform and many other influencers such as Kanye West, Drake, and most recently Tom Brady and also doing very well.

We Are Definitely Under a Digital Transformation at Chipotle, Says CEO
We Are Definitely Under a Digital Transformation at Chipotle, Says CEO

We are definitely under a digital transformation at Chipotle, says Chipotle CEO, Brian Niccol. Chipotle is in the midst of a digital and innovation revolution that is starting to see results. “Our digital business is up dramatically,” said Niccol.

Nothing Short of a Revolution Happening in the Food Marketplace
Nothing Short of a Revolution Happening in the Food Marketplace

There is nothing short of a revolution happening in the food marketplace today and it is not a quiet one, says Walter Robb, the former co-CEO of Whole Foods. “It is disrupting things left and right, all the way up the value chain back into the farmer’s field,” says Robb.

Ecommerce is a Lot More Than Just Amazon, Says UPS CEO
Ecommerce is a Lot More Than Just Amazon, Says UPS CEO

Ecommerce is a lot more than just Amazon, says UPS CEO David Abney at the Davos 2019 conference. Abney says that their focus is really on helping small and midsize businesses compete with the bigger players by enabling them to offer two-day shipping.