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SBP 202: Retail Isn't Dying. The Operating Model Is. With David Lui
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The Bay closed. Frank and Oak shuttered. Insolvencies have been climbing for years and the narrative everyone's repeating is that retail is in trouble. David Lui has a different read. Retail isn't dying. The operating model is. And the brands going under aren't the ones customers stopped loving, they're the ones whose people, product, and place stopped working.
As CEO of Kit & Ace and co-founder of Unity Brands, David is doing almost the exact opposite of what you'd expect. He's buying beloved Canadian brands that almost didn't make it, and he's opening stores.
In this…
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