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 […]
Robin Lewis: I told Richard [Baker, Governor and Executive Chairman, Hudson’s Bay Company] a while back that he is a real estate guy, albeit a brilliant one, who’s leading a retailing operation, and in my opinion, he needed retailers running […]
What does Eddie \”fast buck\” Lampert have to do with this? Before I get to the significance of the title of this article and HBC\’s \”go private plan,\” I stated in an article way back in 2014 that Richard Baker […]
The Wall Street Journal reported that HBC had made an “overture” to acquire Macy’s. And even though HBC’s market cap is around $2 billion, a bit small to digest Macy’s roughly $10 billion cap, HBC could leverage its considerably high-valued […]
Richard Baker’s flawed retail strategy has driven Hudson Bay Company to bankruptcy and sparked a merger between Saks and Neiman Marcus.
Retailers with significant real estate holdings are better insulated from rising rents and capital costs and can leverage property as both a financing tool and a growth asset. The market is beginning to reprice this dynamic, treating real estate not as a static asset but as the true measure of long-term strength.
Let’s take a look at the situation Kohl’s is up against, and it isn’t pretty. Mr. Richard Baker I have already expressed my opinion of HBC’s intent to acquire Kohl’s, under the leadership of the now high-profile Richard Baker. My […]
For any retailer, entering the first negotiations with a landlord can be overwhelming and challenging. Without a deep understanding of the industry, location, and average lease costs for that area, you could end up signing deals that leave you with […]
In the ultra-competitive world of retail, sometimes innovation and a sustained competitive advantage can be hard to find. Especially when it comes to winning the hearts and wallets of the millennial shopper. As “The Robin Report” has covered, millennials have […]
The possibility of losing one or more major department stores is looking more and more like a reality as Covid-19 wreaks havoc on these already financially ravaged institutions. Due to changing shopping behaviors and brands going direct to consumer, the […]
