There’s a smell of desperation in the air and it seems to be coming from the direction of Bentonville, Arkansas. This malodorous scent is Walmart’s plan to hit as many as 10,000 suppliers with warehousing fees, product placement fees for […]
Let’s face it, the supply chain as we once knew it has been forever changed. Just in the last few weeks, we’ve read about furniture deliveries and new iPhone sales being delayed due to Covid-19 outbreaks in China and Vietnam. […]
Traditional retailers are determined to sharpen their online game against e-commerce pure plays, and the data we\’re seeing in consumer electronics purchases indicates these efforts have yielded positive results. According to NPD\’s Checkout E-commerce data, which tracks sales at the […]
Q. What do real estate and finance have in common? A. Richard Baker and Eddie Lampert. Q. What do Richard Baker and Eddie Lampert have in common? A. Both designated themselves retail CEO’s. Q. What do the success factors in […]
I will state my opinion right up front. I believe Richard Baker\’s move to split the Saks Fifth Avenue and its ecommerce business into separate companies, which he calls \”unlocking value,\” is simply applying a fancy buzzword, disguising what will […]
It is finally happening: Sears is on the brink. I\’ve been predicting this from Eddie Lampert\’s Bezos-like \”day-one\” declaration that he was going to return Kmart and Sears, two iconic American brands, to their once storied greatness. By his own […]
According to Reuters last week, HBC (and its governor, CEO and executive chairman, Richard Baker) is prepping to make a bid to acquire Kohl’s. Will they succeed? Probably. Should Kohl’s do all they can to repel such a deal? Absolutely! […]
I’m not quite sure where I want to go with this. I think we may wind up with many more questions than answers. However, one thing I am sure of is that we are living in crazy times, in many […]
Eddie \”abracadabra\” Lampert is like a dog with a rag in its mouth playing tug-a-war with its master. He just won\’t let go. When he acquired Sears and Kmart in the early 2000s, he was publicly trumpeting that he was […]
Richard Baker’s flawed retail strategy has driven Hudson Bay Company to bankruptcy and sparked a merger between Saks and Neiman Marcus.
