The first time I walked into a Sweetgreen, a fast-casual food chain tailored toward “simple, seasonal, healthy food”,1 I noticed a sign that the business would not accept cash.2 Sweetgreen was the first food chain where I noted the deliberate change in how transactions might be conducted going forward. The sign provided a link for…
Tag: Business Strategy
Another Bankruptcy: Sears-ly
What is the store you go to for everything – your “everything store”?1 It used to be Sears. Sears Holdings Corporation’s Chapter 11 bankruptcy filing has reignited the question of how to keep a company afloat in the modern world of retailing.2 After seven straight years of losses, hedge-fund manager and former Sears CEO Edward…