With sales plummeting nearly $1 billion dollars, I don’t think the new J.C. Penny price structure is having the positive impact that the company initially expected. Best Buy’s stagnant approach isn’t working for them, either. In this week’s Retail Rap, I look at both approaches and offer my opinion on what each company can do […]
Retail Rap
Small-Mart: An urban legend in the making?
In this week’s edition of Retail Rap, I again touch on the downsizing phenomenon that we are seeing from big brands like Target, Wal-Mart and Office Depot and discuss why I think this may be a more important trend than many realize. While the smaller stores are designed to address one of the traditional headaches […]
Top-Shopping at Nordstrom: An Equation for Success?
Nordstrom has recently pushed an effort to appeal to a younger, trendier crowd and their recent partnership with Topshop, a hip British fashion line, highlights those efforts. In this week’s Retail Rap, I discuss the possible implications of this partnership and how I think it will pan out for both Nordstrom and Topshop. If you’ve […]
Best Buyout?
Best Buy Founder and former Chairman Richard Schulze is not expected to present a buyout offer for the struggling chain, but I still believe that the company may explore a private buyout option. I discuss why in the latest edition of Retail Rap. Without question, Best Buy is facing some significant challenges. But, that’s been […]
All Mixed Up
In the latest edition of Retail Rap, my twice monthly column in Chain Store Age, I discuss the reluctance in our industry to develop mixed-use spaces – opportunities that could benefit investors in several ways. To be clear, there are some really great mixed-use projects out there. Some developers and commercial real estate professionals have […]
What Happens in Vegas…
Despite the amount of buzz leading up to this year’s RECon convention, I’m not quite sure if it lived up to the hype. I discuss why I feel that way in my latest Retail Rap column. There was quite a bit of excitement heading into this year’s RECon convention. The event is, in many respects, […]
