This document discusses the key factors that make a great retail business: creativity, focus, and measurement. It provides examples of companies that exemplify each factor at their core. Restoration Hardware is used to illustrate creativity at the core, driven by the visionary leadership of Gary Friedman. REI demonstrates focus, with its roots firmly planted in the outdoors. Amazon is presented as having measurement at its core, constantly testing new initiatives like Amazon Go and Amazon Fresh to gain customer insights. The document argues these three factors: creativity, focus, and the ability to measure performance, are critical for any great retail business.
19. 19
METHODOLOGY
With their intimate knowledge of our
lives via algorithms and data collation
chances are they will always know
your customers better than you
23. CREATIVITY
Passion and drive

with the ability to 

commercialise it
FOCUS
Discipline to stick
to what you’re
good at
MEASUREMENT
The insight to
know what to
measure and how
to use it
24. CREATIVITY
Passion and drive

with the ability to 

commercialise it
FOCUS
Discipline to stick
to what you’re
good at
MEASUREMENT
The insight to
know what to
measure and how
to use it
CREATIVITY AT THE CORE
27. GARY FRIEDMAN
Chairman/CEO
“At RH we concur, and believe
vision is everything. It is the
light that removes the darkness,
the answer inside every
problem, the ability to imagine
a better way, a brighter day.
Vision ignites the human spirit,
generating hope and inspiration
that can fill a person with
passion, give a project a
purpose, and turn a Company
into a cause.”
29. RY STEPHEN
Founder
“The concept is just what we do
best, which is putting forward
pastry, croissants, and
doughnuts that we’re really
proud of in a fun, playful
manner.


It’s what we love doing!”
30. CREATIVITY
Passion and drive

with the ability to 

commercialise it
FOCUS
Discipline to stick
to what you’re
good at
MEASUREMENT
The insight to
know what to
measure and how
to use it
FOCUS AT THE CORE
33. REI
“No matter how large we
grow, our roots remain firmly
planted in the outdoors. Our
passion for outdoor
adventure is clear, whether
you visit any of our stores
across the country, phone us,
or interact with us online.”
Focus
35. CW PENCIL
 As simple as it may be, the
pencil is something which
despite advances in
technology will never
become obsolete. Whatever
you may use them for, we
want to make sure that you
can have any pencil your
heart, hand, or collection
desires.
Focus
36. CREATIVITY
Passion and drive

with the ability to 

commercialise it
FOCUS
Discipline to stick
to what you’re
good at
MEASUREMENT
The insight to
know what to
measure and how
to use it
MEASUREMENT AT THE CORE
41. CREATIVITY
Passion and drive

with the ability to 

commercialise it
FOCUS
Discipline to stick
to what you’re
good at
MEASUREMENT
The insight to
know what to
measure and how
to use it