The Return Of Starbucks’ Place Strategy
With the advent of online shopping, the idea of a physical place – you know, the bricks-and-mortar establishment – took a hit. The business press, pundits, observers, and others lamented the death of physical retail. It appeared as if no physical store could compete with the choice and convenience of online shopping. Even fast food establishments elected to use more technology, less personalization, and fewer crew. But, as time has progressed, the experiential offerings of...