New York Times retail reporter Jordyn Holman was interviewed by the paper’s Josh Ocampo about covering the beat.
Here is an excerpt:
Many of your recent articles explored the challenges big retailers, like Macy’s, are facing. How do you explain their troubles?
The way that consumers are shopping is changing more quickly than these large behemoths can change, or they lack the money to invest in change. There is this big shift to e-commerce happening, but some of these businesses were built as places for shoppers to interact in-store. It’s not always easy to tie in a website. Every store has its own issues, but I think the through line is that e-commerce has changed everything and these companies have to adjust.
What’s the greatest challenge of your beat?
I’m always trying to balance what a company tells me — what executives say they stand for, who they think their consumers are — with what its shoppers have to say. I will often stand outside a store and ask shoppers, “What do you think of this brand?” If what they say is the exact opposite of what the executives say, that’s where the story is.
Read more here.
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…