Rachel Shechtman is the founder of the concept store Story in Chelsea, a neighborhood in New York City. Story changes its inventory and physical layout every few weeks, and each new remodel is based around a theme. The merchandise carried by Story is usually sourced from small businesses who get facetime with both potential customers or other retailers that are looking for new merchandise. According to Shechtman, 15 percent of foot traffic is from B2B companies. Shechtman joined the Glossy Podcast to share more about how Story operates, how new retailers are (or aren’t) reinventing the wheel, and how department stores are faring in the new landscape.

Designer Dan Liu, who owns both his namesake label as well as the fashion brand Tatsuaki, needs fellow designers to pick up the pace. Designers used to have months to design new collections, and that window has been dwindled down to about two weeks. It’s not just designers who are in jeopardy, either — department stores, according to Liu, are at risk of going extinct thanks to the institutions navigating digital advancements in the industry like dinosaurs. Liu joined the Glossy Podcast to discuss how designers are dealing with the new crushing pace of the industry, what changes are coming next year, and why see-now-buy-now isn’t the answer.