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Steve Dennis

Steve Dennis

Senior Retail Contributor at Forbes

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Location
United States
Languages
  • English
Covering topics
  • Commerce

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Recent Articles

forbes.com

Luxury Hits A Wall. What’s Going On And What’s Next?

Recent earnings reports from the world’s top luxury players have mostly brought bad news.
forbes.com

The Saks/Neiman Marcus Deal: The Good, The Bad, And The Complicated

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.
forbes.com

Despite What You’ve Heard, Physical Retail Is Not Back

For remarkable retailers, in-store shopping bounced back quickly, and the notion that physical retail is dead or dying continues to be greatly exaggerated.
forbes.com

Retail’s Timid Transformation Trap

As I’ve been saying for awhile now: Shift happens.
forbes.com

My Annual Retail Predictions: A Baker’s Dozen (Part 1)

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.
forbes.com

My Annual Retail Predictions: A Baker’s Dozen (Part 2)

More retail predictions for 2024 including on Nordstrom, Apple’s Vision Pro, Macy’s, Kohl’s, Temu, Shein JC Penney, WeWork, the Metaverse.
forbes.com

Retail’s Escalating Commitment To A Failing Course Of Action - Forbes

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...
forbes.com

My Bold Predictions For Retail In 2023 (Part 2)

As I often say, I only have two problems with the term “omni-channel”: the omni part and the channel part.
forbes.com

Premature Celebration? Hold On. The Retail Holiday Season Ain’t Ove...

As much as we may want to dissect how retailers did during the holiday season, the jury is still very much out
forbes.com

Retail Moves From “The Great Acceleration” To “The Great Rebalancing.”

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.”
forbes.com

Too Much Of A Goods Thing: Retailers Are Drowning In Inventory

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.
forbes.com

Here’s Why Amazon Should Buy Kohl’s—With One Big Caveat.

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.
forbes.com

The Myth Of The Great E-Commerce Acceleration - Forbes

One of the most pervasive retail industry narratives is the belief that e-commerce growth has been massively accelerated by the pandemic. It turns out it’s not true.
forbes.com

What We Often Get Wrong About E-Commerce—And Why It Matters

Like many things, it’s generally important to follow the money. Which is why how something is ordered is interesting, but understanding how demand is generated and ultimately fulfilled is essential.
forbes.com

After Earnings Whiff, Maybe Warby Parker Can Learn Something From O...

As more of these disruptor brands don’t seem to be on a glide-path to profitability, it might be worth considering some lessons from the OG’s of DTC.
forbes.com

The ‘Profitless Prosperity’ Of Retail Disruptor Brands

At one level, it is admirable that Wayfair, Casper and others have reset the consumer expectations bar on what certain types of products should cost, thereby propelling their ability to steal share from industry incumbents. But I could sell a lot of $20 bills for only $15.
forbes.com

Amazon’s Surprise Store Closings Are Much Ado About Nothing. Here’s...

Amazon’s announcement that it was closing all of its Amazon Books, Amazon 4-Star and Amazon pop-up stores seemed to catch much of the retail world unawares.
forbes.com

What We Get So Very Wrong About Amazon’s Retail Profitability

While we can see that AWS is a huge and growing cash cow, even on a relatively simplistic segment analysis basis, it’s pretty likely that North American Retail is generating plenty of cash.
forbes.com

10 No-Holds-Barred Predictions For Retail In 2022

Predicting the future in the dynamic world of retail—particularly in the throes of a lingering pandemic—may be a fool’s errand. Nevertheless, I am at again.
forbes.com

December Retail Sales Were Very Strong, Despite The Misleading Head...

The US Commerce Department released its monthly retail sales report this morning and within minutes my Twitter feed lit up with gloom and doom takes on the state of shopping.
forbes.com

December Retail Sales Were Very Strong, Despite The Misleading Head...

The US Commerce Department released its monthly retail sales report this morning and within minutes my Twitter feed lit up with gloom and doom takes on the state of shopping.