www.bwconfidential.com The inside view on the international beauty industry October 18-31, 2018 #176 CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL Comment Inside The buzz 2 Staying sharp News roundup he need to stay fresh, exciting and Netwatch 6 Tfocused on newness in retail was clearly illustrated this week by the news Social media monitor that US-based department store Sears was filing for bankruptcy. Interview 7 In its heyday, Sears was seen as an Natura vice president of direct innovator and has even been called sales Erasmo Toledo the 'Amazon of an earlier era' by some industry observers. However, Sears lost Insight 9 its sharpness some time ago and is Indonesia now paying for it sorely. First came the competitive onslaught of Walmart in the 80s, while the rise of e-commerce and Amazon in Show review 12 particular, dealt another hard blow. Luxe Pack Monaco Despite its (some say lackluster) efforts to digitalize the company, Sears failed to re-create the innovative edge it once had for Store visit 17 today's consumers. Some cite a lack of investment, others a lack of SK-II Future X Smart Store ideas—either of which would have been enough to waver at the hands of Amazon. Such examples give a whole new meaning to the importance of staying relevant in today's market. Oonagh Phillips Editor in Chief
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