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Stephen Cope on Shaping B2B E-commerce: Tech Transformation at ASTRAK, Strategic Acquisitions & Future Growth
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In this episode of Watson Weekend, hosts Rick Watson and Jessica Lesesky dive into the latest e-commerce and retail news. They discuss Skims' innovative strategies, Forever 21's looming bankruptcy, and the storied history of the fashion retailer. Special guest Stephen Cope, CIO of ASTRAK, shares his insights on digital transformation in the B2B sector, particularly in the construction equipment parts industry. Stephen elaborates on ASTRAK's unique approach to integrating companies quickly, the challenges of entering new markets, and the importance of future-proofing technology. The show also introduces new sponsors, updates on Karna's IPO, and features a fun segment with Nick Kaplan, focusing on the rise and fall of Forever 21. Don't miss this engaging episode filled with expert insights and lively discussions!
00:00 Welcome to the Watson Weekend
02:55 Headline Hangover: Sponsored by Passport
08:26 Skims: The Modern Brand Playbook
13:06 Forever 21's Struggles
16:44 Welcome Stephen Cope, CIO of Astrak
23:52 Understanding the Complexity of Parts
33:47 Navigating Global Markets
40:45 Kaplan's Corner: The Rise and Fall of Forever 21
49:21 Final Thoughts and Dance Party
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