Lindsay Angelo is a former Strategist with Lululemon but is now pursuing a new venture as a strategy consultant. She talked with Josh about trends in the retail space especially around the idea of a self-actualization economy and how democratization of retail influences the way that people invest and the way products are developed. She also touched on what brands she sees doing things right and what the innovation scene looks like in Vancouver.
It’s challenging to list all of the things causing angst for the retail sector, from Amazon to new startups to the death of once-popular malls around the country.
But according to Lindsay Angelo, a former Strategy Manager at Vancouver-based lululemon athletica, all that disruption creates the imperative to think differently and take risks. (Angelo left the company earlier this month, and is now a growth strategy consultant.)
Driven by a digital landscape, the maker’s movement & crowd everything, we are witnessing disruption in the world of retail. Consumers are shifting from passively consuming a product to co-creating and inventing on their own. An army of authentic, innovative start-ups with engaged guests are emerging and the landscape is democratizing like never before. How can established businesses respond to maintain their “it” factor?
