How a drawing on a bar napkin led to a software platform that processes trillions of calculations
April 15, 2024
In 2007, while sitting at the pub Moran’s with a beer, I drew a sketch on a napkin that would change our business. I drew a software model that would allow an indie store to instantly show (and sell) thousands of products online—without any labor. (The secret sauce: The respective brand would do the product update work for the merchants.) The immediate goal was to help my two retailers more efficiently load products onto their websites (and save me the boredom of doing it).
The Wall St. Journal shares how Amazon takes other companies’ ideas on a mass scale, such as from Trader Joe’s. The article is an excerpt from “The Everything War: Amazon’s Ruthless Quest to Own the World and Remake Corporate Power,” a new book by Dana Mattioli.
Many years ago, as a new assistant at Lord & Taylor, the buyer cautioned me to not get too attached to people or merchandise. His wisdom was not cold-hearted, but a cautionary tale to keep emotional attachments in check. I was there to deliver strong financial results and if something wasn’t selling, I shouldn’t harp on it, but mark it down and move on. And, as far as work relationships were concerned, I should be a good coworker but not get attached to colleagues.
Jim Shreve made Baccarat hip. Now, he and his longtime partner, Mark Brashear, along with Sally Burnside, the former Baccarat sales V.P., intend to do the same for DeVine Corp., the 32-year-old distributor of elite European brands. You're invited to the opening!
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Congrats to you all. This is very exciting. Tim, we’ve known each other since before you started DeVine Corp., 32 years ago. You’ve been looking for the right opportunity to retire. TIM ...
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MIKASA’s powerhouse COUNTRYSIDE franchise continues its domination decades after their launches. Tapping into the zeitgeist of the times, the patterns’ staying power is testament to compelling classic design, line extensions, and passionate fans.
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IT’S BEEN 50 YEARS SINCE MIKASA’s FRENCH COUNTRYSIDE DEBUTED, the perfect panacea to a formal-dominated dinnerware domain. The scalloped, edged, and curved creamware provided the ideal ...
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Designer Don Estabrooks just may have the most compelling flatware portfolio ever. The longtime Towle Silversmiths designer joined the company in the mid-’60s and has created hundreds of flatware patterns in an almost six-decade (and counting) tenure.
Perhaps his greatest achievement is Wave, which debuted in 2004 to rousing fanfare and has been at the top of the charts ever since. Chris Wile, another longstanding staffer (33 years), is president of Lifetime Brands/Metals (which owns ...
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As the new year is underway, there’s reason to be bullish (or, at least, not bearish) about what 2024 may have in store. Holiday retail sales increased 3.1% despite lingering inflation, thanks to robust job growth and strong wage gains, which came as a big relief for retailers. Price-conscious consumers are still spending, suggesting the economy is strong. “What we’re seeing this holiday season is very consistent with how we’re thinking about the economy, which is that it...
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Charisma: a special magnetic charm or appeal. Gold finished pewter, with intricate orange and white hued hand-enameling. Encrusted with hand-set clear European crystals. Available in a variety of beautiful home accents, including frames, trinket box, ring holder, and menorah.
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Sign Engine Ears is your premier destination for personalized and unique custom signs in Memphis. We specialize in crafting bespoke signage that perfectly reflects your brand's identity and vision. Our custom signs are designed to captivate your audience and leave a lasting impression. Whether you need interior or exterior signs, we offer a diverse range of solutions to meet your specific needs. With our dedication to quality, innovation, and attention to detail, Sign Engine Ears ensures that ...
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The Atlantic shares how Chinese factories have found a new way around U.S. retailers and into our homes: Chinese apps. SHEIN and other Chinese apps are bypassing Amazon to be a new leader in Chinese goods. In addition to Amazon, Target, Walmart, and indie shops now have a new group of digital competitors embedded in customers’ pockets.
Except from The Atlantic article:
MATERIAL WORLD
IS THIS HOW AMAZON ENDS?
An open embrace of cheap foreign products has helped ...
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I recently saw a car with the license plate: WHYWRK. I had a sad feeling for the driver, who perhaps wasn’t as lucky as I to have the best job in the world – getting paid to shop for the most beautiful goods in the world – which I am now retiring from. After 40+ years as a buyer of tabletop and gifts in Buffalo, I have the opportunity to put the dishes away, polish the flatware, and store the stemware. As a small specialty store, we’ve been through our share of ups and ...
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Kate Spade New York tableware and accessories has for two decades held a singular spot on retail shelves and on customers’ tables thanks to a timeless charm and chic stylings. Even after 20 years, the fun, fresh, playfully sophisticated, and refreshingly original collections from Lenox occupy a unique niche in the tableware pantheon.
Kate Spade’s contribution to fashion cannot be understated. She became synonymous with fashionistas everywhere when she started her fashion ...
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TikTok and Amazon are battling in the retail space. TikTok wants to be a retailer, and Amazon wants to be more of an influencer platform. These two share the same goal: get users to share a product link, recommend the product, and get a cut of the sale, shares The Wall St. Journal.
This article and these companies speak to the power of affiliate marketing. One of Amazon’s long-standing secret growth weapons has been affiliate commissions, and influencers are a well-known ...
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Amazon and third-party delivery services have setup a “warehouse” outside the Astor Place USPS office. This is not a truck parking for five minutes. This a day-long, everyday occurrence. I’ve seen this same scene on a daily basis all around the city for the last three years.
This hurts local retailers. While the local businesses pay extra taxes to operate a store in southern Manhattan, it costs Amazon much less to park a delivery truck (permanently?), put ...
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Ginori 1735, a client using our Syncing service, was featured in a four-page Kering advertisement in the Times this past weekend. The ad promotes imagination and invites readers to enjoy a film.
We thank Kering and Ginori 1735 for supporting their indie retailers and their imaginations.
How premium plan tiers help businesses sell more and increase margins.
September 7, 2023
Dating apps are launching higher-priced premium tiers, according to last week’s The Wall St. Journal. Hinge offers a new $50/month plan, and Tinder is launching a $500/month plan. The League already offers a $1,000 plan. These pricey plans take the sting out of Bumble’s $60/month plan.
Why are companies offering such plans? Because even if Tinder only gets 10% of users, that's millions. Plus, the profit and margins are likely higher for customers using these plans. A normal ...
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Inspired by the famous Italian landscape, Toscana Bath features a special reactive glaze, high-fired to create unique and stylish patterns. Transform any power room with its captivating pieces.
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“We don’t make movies to make money, we make money to make more movies.”
~ Walt Disney
I read this quote in ‘Show Your Work’ and wondered how it applied to our mission here at Shop Local. I asked my team and they submitted their interpretations. One colleague even used an AI tool.
Team Submissions:
“We don't make Shop Local to make money, we make money to sustain Indie Stores.”
~ Jim
"We didn't make this software just to ...
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