Store liquidations in 2019 have blown past the full-year total of 2018. The phenomenon is proceeding with relentless momentum.
In 2013, I called Goldman Sachs a “snake-oil salesman” for underwriting a $1 billion J.C. Penney stock offering. Investors got wiped out. Now the longer-dated bonds, including a 100-year bond, have collapsed.
Ecommerce and globalization of retail crush distribution channels, wholesalers, local retailers, large retailers, prices, and margins.
My couch, jeans, car, PC, sheets, and phone weigh in on globalization and the internet.
Ecommerce is an existential threat to Walmart, and it’s furiously trying to get on top of it, whatever the cost may be.
Neiman Marcus newest disclosures – and what the crazy-hot IPO market has to do with it.
FedEx has had it with Amazon’s tactics. Ecommerce draws up new battle lines – in the transportation sector.
One customer at a time. But I doubt there are other options.
Brick-and-mortar department stores – the lucky ones still open – are on schedule to be toast.
Retail space asking rents plunge as landlords try to fill scores of vacant shops. Charts by shopping corridor.