In an unfortunate lapse of judgement, Mike Coupe was caught on a hot mic crooning the ditty made famous by the musical 42nd Street,” We’re in the money, the sky is sunny, let’s lend it, spend it, send it rolling […]
Why Walmart Sold Asda Read More »
With its U.S. sales, earnings and customer affinity deteriorating, many analysts are questioning the future of Victoria’s Secret. In his article “Behind the Curve,” Robin Lewis credits Les Wexner’s historic ability to predict big shifts in the market, but wonders
Victoria’s Secret: On a Precipice or a Platform? Read More »
I find it hard to believe that “Fast Buck” Eddie actually believes that people in the retail industry and Wall Street actually believe that he is going to rescue the business of Sears. Yes Eddie, that pesky word “believe” is
Eddie “The Doctor” Lampert Read More »
What do you have when you’re a retailer that didn’t really know who its customers were? That had confusing, difficult-to-navigate stores…and too many of them…and in the wrong places? And that had abandoned its online efforts for several years just
I’m hoping that Rachel Shechtman, founder of the storied STORY theme shop, will perform a real “miracle on 34th Street” and on the many other streets where Macy’s resides across the country. Macy’s recently acquired STORY, the 2000 square-foot buzzy
For those whose exposure to hip-hop doesn’t extend far beyond the Hamilton soundtrack, there was a rush to Spotify and Apple Music when Kendrick Lamar ‘s album “Damn” won the Pulitzer Prize for music. While this announcement came as a
Streetwear Goes Mainstream Read More »
Fast fashion is the darling of the fashion retail today. Whereas women’s clothing store sales have declined 2.7 percent from 2016-2017 in the U.S., a recent report from Hitwise shows the fast fashion market has grown has grown 21 percent
Why Zara Wins, H&M Loses in Fast Fashion Read More »
Private label has always been around, but the quality and breadth of items available today are a far cry from the Brand-X macaroni and cheese in plain white boxes in the value sections of 1970s supermarkets. In fact, today we’re
Private Label Revolution: The Second Wave Read More »
Could Jeff Bezos have a new strategy for his physical retailing plans: rent rather than own? Jeff Bezos may be outsmarting the rest of the retailing world…again. While everyone speculates on which physical retailer Amazon will buy next, Bezos may
Amazon’s Trojan Horse Read More »
How many of you out there have been fired during the course of your career? How many of you have fired others? Having sat on both sides of the desk I can say unequivocally that while necessary, neither is a
On The Firing Line Read More »
