\r\nChief Technology Officer, Rent the Runway \r\n\r\n
\"I would like to instill more risk-taking around expanding the concept of what “retail” is. There is a tremendous opportunity to touch people with retail and to meet them on their terms. This can only be achieved if the norms are disrupted.\"
\r\n","imageSrcset":{"src":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Josh%20Builder.jpg?itok=Rdvgi96L 240w","sizes":"(min-width: 1300px) 186px, (min-width: 920px) 14vw, (min-width: 720px) 25vw, 100vw"},"imageCaption":"Josh Builder","imagePosition":"right","imageAdvertisement":false,"imageSize":"small","imageLink":"","imageExpandable":null,"fullSizeImage":{"id":16563,"alt":"","width":240,"url":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Josh%20Builder.jpg?itok=Rdvgi96L","height":240}},{"id":9889,"bundle":"image_text","text":"\"I would change the way retailers view failure and innovation, and encourage them to embrace risk through a “fail fast” mindset. A lot of start-ups are having success with this as a way to incubate innovations within the current company structure. This approach has a proven track record of helping companies harness the potential of the changes surrounding them, and it could be a very beneficial approach in the retail industry. It’s not about purposely failing, but about experimenting in a high-speed learning feedback loop. Consumer preferences are evolving at lightning speed and retailers must find ways to keep pace.\"
\r\n","imageSrcset":{"src":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Lori%20Mitchell-Keller.jpg?itok=7PLW3ofx 191w","sizes":"(min-width: 1300px) 186px, (min-width: 920px) 14vw, (min-width: 720px) 25vw, 100vw"},"imageCaption":"Lori Mitchell-Keller","imagePosition":"left","imageAdvertisement":false,"imageSize":"small","imageLink":"","imageExpandable":null,"fullSizeImage":{"id":16562,"alt":"","width":191,"url":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Lori%20Mitchell-Keller.jpg?itok=7PLW3ofx","height":240}},{"id":9890,"bundle":"image_text","text":"\"I would like to change the willingness of retail leaders to embrace uncertainty and change. Without a willingness to challenge the status quo and embrace the uncertainty that lies outside its bounds, true innovation is impossible.\"
\r\n","imageSrcset":{"src":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Doug%20Stephens.jpg?itok=dH98p_YU 202w","sizes":"(min-width: 1300px) 186px, (min-width: 920px) 14vw, (min-width: 720px) 25vw, 100vw"},"imageCaption":"Doug Stephens","imagePosition":"right","imageAdvertisement":false,"imageSize":"small","imageLink":"","imageExpandable":null,"fullSizeImage":{"id":16561,"alt":"","width":202,"url":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Doug%20Stephens.jpg?itok=dH98p_YU","height":240}},{"id":9891,"bundle":"image_text","text":"\"The department store channel will continue to be challenged if it does not eliminate vendor margin guaranty programs. This way of doing business is not sustainable. This is the first thing that I would like to see changed in retail. If we bring back the concept of accountability, we will see innovation at its best. We all know that necessity is the mother of all invention.\"
\r\n","imageSrcset":{"src":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Robert%20D%27Loren.jpg?itok=xGxhSxD4 255w","sizes":"(min-width: 1300px) 186px, (min-width: 920px) 14vw, (min-width: 720px) 25vw, 100vw"},"imageCaption":"Robert D’Loren ","imagePosition":"left","imageAdvertisement":false,"imageSize":"small","imageLink":"","imageExpandable":null,"fullSizeImage":{"id":16560,"alt":"","width":255,"url":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Robert%20D%27Loren.jpg?itok=xGxhSxD4","height":238}},{"id":9892,"bundle":"image_text","text":"\"The main change I wish to see in the retail industry is the very change Instacart is working on: retailers must come online to compete with major e-commerce players. Specifically, the time has come for groceries to move online. It's the last retail category that's left.\"
\r\n","imageSrcset":{"src":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Nilam%20Ganenthiran%20-%20Headshot.jpeg?itok=OFuaI48O 227w","sizes":"(min-width: 1300px) 186px, (min-width: 920px) 14vw, (min-width: 720px) 25vw, 100vw"},"imageCaption":"Nilam Ganenthiran","imagePosition":"right","imageAdvertisement":false,"imageSize":"small","imageLink":"","imageExpandable":null,"fullSizeImage":{"id":16559,"alt":"","width":227,"url":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Nilam%20Ganenthiran%20-%20Headshot.jpeg?itok=OFuaI48O","height":240}},{"id":9893,"bundle":"image_text","text":"\"Its insistence on cheating the IT department. Every retail company is now a technology company. Restricting IT to just a few percentage points of revenue is really shortsighted. If Amazon is spending 8% of gross on IT, why isn’t everyone else?\"
\r\n","imageSrcset":{"src":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Cathy%20Hotka.jpg?itok=7eh-eFZC 240w","sizes":"(min-width: 1300px) 186px, (min-width: 920px) 14vw, (min-width: 720px) 25vw, 100vw"},"imageCaption":"Cathy Hotka","imagePosition":"left","imageAdvertisement":false,"imageSize":"small","imageLink":"","imageExpandable":null,"fullSizeImage":{"id":16558,"alt":"","width":240,"url":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Cathy%20Hotka.jpg?itok=7eh-eFZC","height":233}},{"id":9894,"bundle":"image_text","text":"\"Increased diversity in leadership roles – women in particular are exiting the industry at an alarming rate. It has been proven that diverse leadership teams perform better – we need to make it a priority to support and sponsor ways to improve the workplace and paths to leadership roles.\"
\r\n","imageSrcset":{"src":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Karen%20Sales.jpg?itok=rrU0E34O 215w","sizes":"(min-width: 1300px) 186px, (min-width: 920px) 14vw, (min-width: 720px) 25vw, 100vw"},"imageCaption":"Karen Sales ","imagePosition":"right","imageAdvertisement":false,"imageSize":"small","imageLink":"","imageExpandable":null,"fullSizeImage":{"id":16557,"alt":"","width":215,"url":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Karen%20Sales.jpg?itok=rrU0E34O","height":240}},{"id":9895,"bundle":"image_text","text":"\"The retail industry is facing a bit of a personality crisis. There’s a false perception that retailers are innovation laggards when the reality is the industry adapts to change at a much faster pace than its peers. Outsiders believe that retailers are victims waiting for a formidable competitor to strike, which isn’t true. They are putting up a vigorous defense by focusing on refining their omnichannel strategies and delivering a better experience for customers.\"
\r\n","imageSrcset":{"src":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Mike%20Webster.jpg?itok=GLM9vHog 200w","sizes":"(min-width: 1300px) 186px, (min-width: 920px) 14vw, (min-width: 720px) 25vw, 100vw"},"imageCaption":"Mike Webster","imagePosition":"left","imageAdvertisement":false,"imageSize":"small","imageLink":"","imageExpandable":null,"fullSizeImage":{"id":16556,"alt":"","width":200,"url":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Mike%20Webster.jpg?itok=GLM9vHog","height":240}},{"id":9896,"bundle":"image_text","text":"\"Retailers need to think more outside of the box to experience improvement inside of the box.\"
\r\n","imageSrcset":{"src":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Deborah%20Weinswig.jpg?itok=sFs1gKbJ 192w","sizes":"(min-width: 1300px) 186px, (min-width: 920px) 14vw, (min-width: 720px) 25vw, 100vw"},"imageCaption":"Deborah Weinswig","imagePosition":"right","imageAdvertisement":false,"imageSize":"small","imageLink":"","imageExpandable":null,"fullSizeImage":{"id":16555,"alt":"","width":192,"url":"https://assets1.risnews.com/styles/max_width_800/s3/2018-07/Deborah%20Weinswig.jpg?itok=sFs1gKbJ","height":240}},{"id":9898,"bundle":"related_content","title":"Related Content","content":[{"id":10922,"bundle":"article","title":"Influentials: Top 10 Movers and Shakers in Retail 2018","url":"/influentials-top-10-movers-and-shakers-retail-2018","summary":"Retail success is impossible without knowledgeable and innovative leaders willing to put in the work to move the industry forward. See which 10 industry stalwarts were chosen for RIS’ annual look at retail’s most influential. ","teaserImage":{"url":"https://assets1.risnews.com/styles/secondary_articles_short/s3/2018-06/movers%20and%20shakers%20teaser.jpg?itok=GhOogytt","width":500,"height":400,"alt":""}},{"id":9973,"bundle":"article","title":"Influentials: Top 10 Movers and Shakers in Retail","url":"/influentials-top-10-movers-and-shakers-retail","summary":"The retail technology leaders that are shaping not only their companies but the industry at large through the use of innovative technologies and strategies. Check out this RIS exclusive and discover which 10 retail executive are leaving their irrefutable mark on retail tech. 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