“In my career I have interfaced with many eCommerce professionals, but none as dedicated as Lukas Agrapidis. While working with him at Focus Camera, he managed multiple initiatives with the ability to create buy in from even the most difficult parties. Always fair, honest and direct, the success of projects was largely due to his diligent execution and management. Lukas's solution focused leadership makes him an asset to any organization and truly a tenured professional in the ever changing landscape of eCommerce. ”
Lukas Agrapidis
New York, New York, United States
1K followers
500+ connections
View mutual connections with Lukas
Welcome back
By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.
New to LinkedIn? Join now
or
By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.
New to LinkedIn? Join now
View mutual connections with Lukas
Welcome back
By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.
New to LinkedIn? Join now
or
By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.
New to LinkedIn? Join now
Experience & Education
-
Alexander Wang Inc.
** *********** & *********** **********
-
******* ******
** ******* **********
-
******
**, ****** ** ********
-
******** *******
-
-
View Lukas’s full experience
See their title, tenure and more.
Welcome back
By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.
New to LinkedIn? Join now
or
By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.
Languages
-
Greek
-
Recommendations received
2 people have recommended Lukas
Join now to viewView Lukas’ full profile
Sign in
Stay updated on your professional world
By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.
New to LinkedIn? Join now
Other similar profiles
-
Hitendra Mishra
San Francisco Bay AreaConnect -
Himanshu Shekhar
Portland, Oregon Metropolitan AreaConnect -
Lee Dawson
Rye, NYConnect -
Jonathan G. Kowalski
New York, NYConnect -
John Barron
Las Vegas, NVConnect -
Ryan Lindsley
United StatesConnect -
Joe Toppe
New York City Metropolitan AreaConnect -
Luis Caballero
United StatesConnect -
Craig Madden
St Peters, MOConnect -
Nate Gasser
Dallas, TXConnect -
Jona Moore
Greater Seattle AreaConnect -
Corey O'Brien
Seattle, WAConnect -
Patrick Livingston
Cambridge, MAConnect -
Marc Kalman
New York, NYConnect -
Stephen Schwartz
Charlotte, NCConnect -
Steven Meltser
Detroit Metropolitan AreaConnect -
John Klein
Digital Transformation Leader
Seattle, WAConnect -
Scott Waddell
Salt Lake City, UTConnect -
Kris Chase
Los Angeles Metropolitan AreaConnect -
Joseph Littlefield
Los Angeles Metropolitan AreaConnect
Explore more posts
-
Terrence Grossman
My colleagues @Brian and @Catherine delve into the importance of practicality in Retail's AI-driven future. Emphasizing the significance of informed decisions based on tangible business advantages over unrealistic hype and speculation. Discover how pairing AI with practical strategies success.
10
1 Comment -
Scott Benedict
Headlines like “Self-Checkout is a Failed Experiment” and “Why Retailers are Losing Faith in Self-Checkout” have been plentiful these past few months, along with story after story of big-name retailers like Target, Walmart, Dollar General and Costco “ditching” the tech. It’s been a veritable tsunami of bad press for self-checkout, and honestly, it’s not all that surprising — after all, consumers have long complained about the finicky machines, which often don’t work and, even when they do, make many customers feel like they’re doing the retailer’s job for them. #retailtech #customerexperience
12
2 Comments -
Richard Daw
Hello Retail Friends, It’s no secret that supply chains have faced unprecedented disruption and volatility in recent years, underscoring the need to address vulnerabilities, improve preparedness, and create innovative strategies. We surveyed 285 retail, CPG, and wholesale leaders globally in February 2024, exploring the challenges, strategic investment areas, and opportunities for retailers and CPGs over the next 3-5 years. See how retail and CPG executives are tackling these challenges and planning for the future in our report, State of Supply Chain 2024: Retail and CPG Dynamics. https://lnkd.in/eQQVdNmN #supplychain #businesstransformation #supplychainplanning
5
1 Comment -
Aditya Patel
HotWax Commerce's latest updates for June 2024 are here! Retailers can now process returns without needing Order IDs, making it easier to accept returns beyond the specified return window. Additionally, merchandisers can now schedule inventory restockings, ensuring that product inventory is available at their preferred times. We're also excited to introduce the new Company App, which allows retailers to create and manage product stores with ease. Stay ahead of the competition and streamline your eCommerce operations with HotWax Commerce. Check out our full release notes here: https://hubs.la/Q02H7DG70 #ShoppingandtheRetailIndustry #eCommerce #Retail #OrderManagementSystem #ProductRelease #ProductUpdate
11
1 Comment -
Neil Saunders
Here are some interesting stories from the world of retail for Tuesday, May 7: 🛋️ Shares of Beyond, Inc. — the parent of Overstock and Bed Bath & Beyond — fell after it reported a deeper-than-expected loss and said it was trying to draw more committed customers amid weak home-goods demand. 🚛 Kohl's’s is now offering same-day delivery via the Instacart app. Using Instacart, customers can place orders for same-day or scheduled delivery from 1,172 Kohl’s locations nationwide. 🎯 Target is expanding its partnership with Hudson's Bay in Canada, broadening the sales of its in-house Cat & Jack children's brand to include swimwear, outerwear, and shoes. The move comes after positive feedback. 🚚 Wholesale remains most profitable investment channel for brands. The channel, which is expected to grow 51% this year, accounts for about 60% of companies’ total sales. 🏬 A fourth Bloomie’s location is set to open in New Jersey this fall, part of the parent company Macy's ongoing strategy to tap into more luxury sales with a new small format strategy. 👷🏼♂️ Kroger is planning to spend approximately $45 million in 2024 to remodel 15 stores in Ohio and Indiana. Kroger is highlighting investments in its stores as it presses ahead with the Albertsons merger. 🍓ALDI USA, the American arm of the German-owned discount supermarket chain, has urged its suppliers to cut costs, increase production, and focus on sustainability to stay competitive. ⬇️ More than four-in-five consumer respondents (81%) have noticed shrinkflation, with three-in-10 (29%) having seen it very often since 2020 - according to a survey by Clarify Capital. 💄 Amazon said Monday that its Summer Beauty Haul event is returning next week. Amazon noted the sales promotion starts at 12am PST on May 13 and runs through 11:59pm PST on May 19. 🥩 Shares of meatpacking giant Tyson Foods plunged more than 9% — the stock’s worst day since August — after the company said persistent inflation weakened consumer appetites for meat biting into profits in the second quarter. 🍺 The European boss of Budweiser has said the brewer has learned to “stay in our lane” following a backlash over Bud Light’s work with a transgender influencer. 🧴 Chinese-made skincare brands, such as Skintific, have gained popularity in Muslim-dominated markets like Indonesia and Malaysia. These brands downplay their origins and present themselves as local products. 🇦🇺 Australian supermarkets found to be overcharging customers could face criminal penalties if the government adopts the findings of a new review. #retail #retailnews #economy #DailyRetailNews
50
-
Henny Steiniger
Groundbreaking AI Applications in Retail Shoptalk Some believe generative AI has the potential to transform the world on a par with the microchip or the world wide web; estimates suggest it could raise global GDP by over €6 trillion in the next decade. If 2023 was the year of experimentation with generative AI, 2024 will be the year companies start to expect some returns from their deployments of the technology. This session will feature three executives whose companies are leveraging generative AI in different ways. They'll share case study presentations detailing their experience and early learnings, providing concrete examples of ways the technology is shifting their businesses and ways of working. June 4th, 9-9:40 am, The Heart https://lnkd.in/dBqnz2qc See you there
83
3 Comments -
Neil Saunders
Will Kohl's benefit from its latest third-party venture with Babies"R"Us? On the plus side, adding Babies R Us is more of a help than a hinderance to Kohl's. It bolsters the proposition in an important area of the market and gives Kohl’s more credibility in the space. This should help drive some incremental revenue into the business. There is also a view that if Kohl’s can pull in younger family and family formation shoppers for baby products it can, hopefully, convert them into buying other categories like toys or homewares. However, for this to work properly, Kohl’s really needs to improve the look and feel of its stores and make its own assortments and pricing more compelling. If it fails to tackle these things, this will be a reasonable venture but one that cannot throw a halo over the rest of the business – much as has been the case with Sephora. The bottom line is that Kohl’s can add in as many third-party brands and ventures as it wants, but there is a tactic admission here that its own core proposition isn’t good enough. It still needs to work to dispel this view. Great to chat with Inside Retail US about this, link to article in comments. #retail #retailnews #departmentstores #babies #parents
28
5 Comments -
Marian Temmen
Whether we like it or not, companies like SHEIN and Temu are redefining online retail with their bold and rapid adaptability. Their swift shifts and strategic innovations might seem perplexing at first, but they demonstrate a profound agility that's hard to ignore. These organizations aren't just fast—they're fearless, consistently pushing the envelope and setting new standards in technology and market responsiveness. Shouldn’t we move from awe and disbelief to openness and emulation? What lessons can we learn from their audacity? How can we harness such agility in our own businesses to stay ahead in this dynamic market? https://lnkd.in/e8k8GW-C #RetailInnovation #Ecommerce #SupplyChain #BusinessStrategy #FutureOfRetail
30
8 Comments -
Carol Spieckerman
𝐍𝐄𝐖 𝐁𝐋𝐎𝐆!🎉🎉 𝑹𝒆𝒕𝒂𝒊𝒍 𝑮𝒆𝒕𝒔 𝑫𝒆𝒆𝒑 delves into the heart of the topics that really matter in retail. I take a magnifying glass🔍to compelling topics pulled from my podcast episodes, media contributions, and those of industry leaders, expanding on key points and ideas that deserve a closer look.🥸 Inaugural article: 𝐋𝐚𝐫𝐠𝐞 𝐚𝐧𝐝 𝐈𝐧-𝐂𝐡𝐚𝐫𝐠𝐞: 𝐖𝐡𝐲 𝐅𝐥𝐚𝐠𝐬𝐡𝐢𝐩𝐬 𝐀𝐫𝐞𝐧'𝐭 𝐅𝐥𝐚𝐠𝐠𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐀𝐠𝐞🚩A recent RetailWire article asked the burning question: Are flagship stores necessary for retail brands? I pointed out that flagships aren't a must-have for every brand, but they sure are a nice-to-have for many. Flagships are a fantastic way for brands to take control of customer experience, own the brand story, and show off the latest and greatest in-store tech. 𝐂𝐇𝐄𝐂𝐊 𝐎𝐔𝐓 𝐓𝐇𝐄 𝐅𝐔𝐋𝐋 𝐀𝐑𝐓𝐈𝐂𝐋𝐄 https://lnkd.in/gpcn2Gmp
3
2 Comments -
James Fong, B.Math, MBA
The TJX Companies, Inc., Inc. plans to grow its off-price footprint as regular-price department stores close. Notably, TJX has a minimal e-commerce presence as it focuses on its "treasure hunt" experience in-store. I love the joy of discovery as well. Where TJX focuses on the discovery of apparel, shoes, and housewares, I love discovering new Funko Pop's, Hasbro action figures, and McFarlane Toys statues. But that doesn't mean #TJMaxx, #Marshalls, #HomeGoods, #Sierra, #HomeSense, #Winners et al. shouldn't use digital technology to funnel more people into their stores. 🥇 TJX could use "livestream" commerce to follow a brand ambassador around a store to preview new merchandise, and have viewers flock to the store afterwards. 🥈 TJX could provide digital communities on Reddit, Inc. or Discord to bring their communities together to share their finds and insights into when new merchandise hits the racks. 🥉 TJX could use digital mementos to track store visits and let shoppers display them as digital badges, showing their love and commitment to the brand. #ecommerce #treasurehunt #customerexperience #digitalsupportingphysical
2
1 Comment -
Neil Saunders
Here are some interesting stories from the world of retail for Saturday, June 15: 📦 Kohl's is introducing a Return Drop service to stores nationwide: in addition to its Amazon partnership, the department store will now accept returns from brands like Carhartt, Hanes and Levi’s. 🎯 Target's total US retail market share, including online and store sales, has shrunk in categories that generate over 60% of its revenue. An indication the chain needs to work harder to retain customers. 👖 Superdry has avoided insolvency after shareholders voted to approve a £10m equity raise underwritten by chief executive Julian Dunkerton. The fashion brand said the deal provides enough liquidity of a turnaround. 👚 Secondhand apparel marketplace ThredUp is continuing to experiment with charging sellers a fee to send in items, as part of a strategy to fill its marketplace with higher-quality items. 5️⃣ Five Below’s net sales surpassed $3.5 billion in 2023, more than double five years ago. Despite an impressive few years of growth, things have taken a turn for the worse in 2024 and stock fell to a year low in the first week of June. 👗 Torrid CEO Lisa Harper said during an earnings call that the company is evaluating its brick-and-mortar footprint and wants to move to a 50-50 split between mall-based and non-mall locations in the future. 🕹️ Over the past two years, Hasbro has suffered from weaker toy demand, leading to layoffs and declining sales. But analysts at BofA said Wall Street hasn’t appreciated the potential of the toy maker’s digital-gaming business. ⛽️ Exactly two years ago Friday, gasoline prices peaked at a record of $5.02 a gallon nationally. Gas prices today are not cheap – but they are miles away from that point with the he national average for regular gas at $3.46 a gallon. 🚙 Advance Auto Parts said a hacker had accessed and was selling certain data that may contain Social Security numbers of job applicants and employees. 📉 US consumer sentiment fell for the third consecutive month in June, as Americans expressed concerns about their finances and persistent inflation, as per a University of Michigan survey. 🚫 SHEIN has unexpectedly canceled its upcoming pop-up store in Perth, Australia, scheduled for June 21 at Lakeside Joondalup Shopping Centre, just weeks before a new tax on fast fashion items takes effect. 🇶🇦 With Eid al-Adha approaching, retailers in Qatar are offering a wide range of promotions and discounts to attract shoppers. Discounts of up to 50% are being offered on clothing, shoes, accessories, and watches. 🏬 Thai retailer Central Group has agreed to acquire the remaining assets of KaDeWe Group, a chain of landmark department stores in Germany. 🐖 American hog farmers are betting on cash-strapped consumers to drive demand for pork as beef prices surge. #retail #retailnews #economy #DailyRetailNews
38
2 Comments -
Monique Benoit
#HotTake: Retail stores aren’t a shortcut to success. Retail offers bigger POs, visibility, and cash flow Yet, it doesn’t ensure brand sustainability Case in point: JLo Beauty Despite celeb status and prime placement at Sephora, She faced challenges resulting in a US exit Retail alone doesn’t secure loyalty or repeat sales Placement isn’t guaranteed forever For lasting success, think beyond the retail PO Some markers of a sustainable brand include: Authenticity, community, differentiated formulas, and true fans Building a lasting brand legacy requires more than a retail presence – 👋🏾 Hi, I’m Monique, a former retail buyer turned beauty industry advisor who helps emerging brands ready to scale at big retail. If you are ready to scale and invest, book a discovery call, and let’s see if we can work together.
27
12 Comments -
Jeff Rudat
Despite the slower growth in the Retail segment, Amazon's total Flywheel driven Ecosystem continues to prosper. Amazon has certainly grown and blossomed since its origins as an industry-disrupting bookseller. Out of curiosity, do you currently consider Amazon more of a Retail company utilizing technology or a Tech Company with a symbiotic (and supported) Retail division? Excerpts: Dive Brief: Amazon’s retail sales growth is slowing this year. Its Q2 online store sales rose 4.6% year over year to $55.4 billion, with physical store sales up 3.6% to $5.2 billion, compared to last quarter’s 7% growth online and 6.3% growth in stores. Growth in its retail-adjacent services was more robust: Ad revenue rose 19.5% year over year to $12.8 billion; subscription revenue rose 9.8% to $10.9 billion; and third-party seller services revenue rose 12% to $36.2 billion. On a conference call Thursday, analysts and Amazon executives focused mostly on AWS. Including the cloud services unit, net income in the period doubled year over year to $13.5 billion. Dive Insight: Amazon’s AWS unit has long been its reliable money-maker, and CEO Andy Jassy on Thursday said the business is enjoying new catalysts, including the rise of AI and a pandemic-accelerated shift at more companies toward leveraging the cloud. The success of that and other services is helpful to Amazon’s retail operations, analysts said. “Solid growth and profitability of AWS and media/advertising should continue to outperform the company average and support Retail,” Telsey Advisory Group analysts led by Joe Feldman said in a Friday client note. The e-commerce giant also appears to be losing some market share on the budget end, to marketplaces like Temu and Shein, according to GlobalData research. That has reportedly prompted Amazon to consider launching a similar direct-from-China marketplace, an understandable move, according to GlobalData Managing Director Neil Saunders. Margins are also under pressure in some metrics on the retail side, but Jassy said that regionalizing distribution centers is paying off in terms of both speed and costs. “We have the opportunity to expand the margin in our stores business. And as I’ve said on a number of the calls that we’ve done, it’s not going to happen in one quarter, it’s not going to happen in one fell swoop, it’s going to take work over a long period of time,” he said. “But I think that one of the silver linings, if you will, about a year and half ago in the ricochet of the pandemic — and all the growth that we had and the cost-to-serve challenges that we had — was that it really forced us to reevaluate everything in the network.” #amazon #retail #ecosystem #flywheel
4
-
Herculano Rodrigues
It's not all Hype 🤖 Retail Week has named THG as one of the top 3 UK retailers leveraging adaptive AI! At THG, we've been using AI since 2016 to enhance customer experiences and streamline our processes way before all the hype. From smarter search functionalities to influencer revenue forecasting, we're seeing significant benefits across the board. Proud to be part of a team that's leading the way in AI innovation. Check out the report for exclusive insights from industry leaders and experts. #RetailInnovation #AdaptiveAI #THG #AIAdopters @RetailWeek
21
2 Comments -
Neil Saunders
I enjoyed chatting with Inside Retail US about the FTC’s attempts to block the Tapestry x Capri Holdings Limited merger. As I told them, the decision does a great disservice to the retail industry and to American companies trying to create brand houses to rival those in Europe – at least in terms of scale. More importantly, however, the case is based on extremely poor logic and a misreading of how the market works. The FTC is meddling in areas that it doesn’t adequately understand. It all too often operates in a theoretical bubble that is divorced from reality. More of my views in the article… https://lnkd.in/eqXTmefT #retail #retailnews #regulation #luxury #handbags
16
-
Paula Macaggi
US department stores' business model is broken. Do you agree? In my conversation with Steve Dennis we talked about why transformations fail and what happens when businesses don't transform and we talked about the example of US department stores. With Macy's announcing the closure of 150 stores and Kohl's shares down almost 15% YTD and almost 50% within the last 5 years. Is there a way out? #retail #retailtransformation #leadersleap
26
2 Comments -
Neil Saunders
Kohl's is partnering with Instacart for same day delivery. This latest initiative is part of a wider pattern at Kohl’s of doing things with third parties. Amazon returns came first. Then Sephora. Then Babies-R-Us. Now same day delivery with Instacart. The partnerships don’t hurt Kohl’s in any way and some, like Sephora, do help generate revenue. But they also don’t fix the many issues with the core business. In the case of same day delivery, I doubt it will move the dial much at all. Why? Well, from our data, among Kohl’s existing customers fast online delivery currently ranks 20th in the list of reasons why people opt to shop at Kohl’s. Kohl’s doesn’t score badly here, it’s just not that important to shoppers. This is most likely because a lot of the things Kohl’s sells are not needed urgently, and people are broadly satisfied with current delivery speeds. Among those who do not use Kohl’s, online delivery being too slow is 26th in the list of reasons people don’t shop the chain. Only 5% of non-shoppers identify it as a reason for not shopping at Kohl’s; and less than 1% say it is the main reason. In other words, faster delivery will not activate many new customers and will not drive existing ones to spend more. It's a distraction - albeit not a deeply unhelpful one - from the main problems. Thanks to Modern Retail for including my thoughts in the article linked in the comments. #retail #retailnews #fastdelivery #samedaydelivery #ecommerce
30
8 Comments -
Joey Ahnn
According to the 2024 Store Experience Study by CSA, retailers view AI/ML-driven technology as a key strategic investment for the coming years. The table below highlights the areas where retailers perceive the most value. 이마트 (Emart) Tech is no exception on this journey. Where do you see value for your business? 😃😃😃 #Emart #EmartTech #CSA #StoreExperienceStudy #retailer #retail #ai #ml
1
Explore collaborative articles
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
Explore More