Saks buying long-term rival Neiman Marcus may create a stronger combined entity but there are many vexing issues to be resolved if and when the deal receives FTC approal.
For remarkable retailers, in-store shopping bounced back quickly, and the notion that physical retail is dead or dying continues to be greatly exaggerated.
Once again I reveal my annual list of bold retail predictions 2024, including the future of AI, the growth of DTC, the outlook for luxury department stores, and a reckoning for disruptor brands.
Anyone who follows the machinations of the retail industry will know that many struggling retailers continue to put forth breathless pronouncements of their alleged tr...
While it’s clear that some important shifts did occur during the Covid crisis,
it’s also quite apparent that we are now experiencing much more of a “great
rebalancing.”
Target is the latest retailer to reveal that it bought too much stuff and will
need to take aggressive action to get its inventory levels back into line.
I got a lot of pushback when I wrote a 2018 Forbes piece—and doubled-down in my
book—opining that Amazon’s future growth will be increasingly tied to
brick-and-mortar retail.