I would love nothing more than to disagree with Nick Egelanian, president of retail development firm SiteWorks. He was quoted in Retail Dive about JCPenney’s announcement to invest more than $1 billion by fiscal 2025 to improve operations and customer […]
Marc Rosen Is a Retail Radical Award Winner: SPARC Is Not Read More »
As retail chains have gotten ever larger – stretching into the hundreds, thousands and even tens of thousands of units – management at the country’s largest players has always struggled with how to cater to local tastes and preferences. Some
Going Local Requires More than a Strategy Read More »
One would think that personal styling would fall by the wayside during a time of economic uncertainty. It seems like this would be particularly true for Gen Z who are known for their frugal, spare consumption and spending habits. They
Generation Z Entrepreneurs Highlight Style Bundles Read More »
On October 9, 2019, I wrote Forever 21: Cut Your Losses and Die Happily predicting Forever 21’s demise, and why. Predictably, they slipped into bankruptcy. However, they found a life-support team, a collective called Authentic Brands Group (ABG), Simon Properties and Brookfield
Will Forever 21 Drag Down Shein? Read More »
As sure as the leaves begin to change from their verdant summer hue into a medley of autumn gold, orange, and brown — and as sure as the hum of jet-skis is replaced by that of the early morning growling
Ten Major Consumer Trends Will Dominate the Retailosphere Read More »
For some 300 years, people have relied upon low-tech barometers to predict weather changes measured by the air pressure. When air pressure is high, it signals clear skies and fair weather. When it’s low, storms are in the forecast, and
Retailers: Get Ready for the Weather to Turn Read More »
Inflation is at its lowest point in more than a year – three percent in June, down from 9.1 percent in June 2022. Yet, the continuation of increased prices, albeit slight compared to a year ago, has consumers entering the
Cautious Consumers Driving Back-to-School Read More »
When it opened its first American store in March of 1976, both shoppers and the grocery industry, in general, must have been a bit befuddled by this unknown import from Germany called Aldi. Consumers who ventured into the store in
Aldi: The Little Store That Could Read More »
Best Buy has gone through several strategic iterations not only to survive but also to flourish. CEO Corie Barry (since 2019) succeeded Hubert Joly following his very successful seven-year tenure repositioning Best Buy to compete with its two major competitors,
Earth to Best Buy: Resurrect Your One-Upmanship Over Apple Read More »
Forget the Metaverse, AI, self-driving cars, and aerial drone pizza delivery; there is an emerging movement among customers who are focusing on yesterday instead of tomorrow. If you think that brings to mind a bit of history from the industrial
An Anti-Tech Backlash Read More »
