Quotes from the news wire:
The Gap failure is all about The Gap failure lack of leadership, they had a brilliant period of growth and popularity, which they frittered away.
Found on CNN 2 years ago
For consumers, this is kind of an annoyance.... or a concern depending on the product we're talking about, i do believe inflation will be here for a while and we will see such product adjustments continue to happen.
Found on CNN 2 years ago
For consumer products companies, raising prices for consumers is the last resort. That's because price increases in stores are highly noticeable by shoppers and can influence demand.
Found on CNN 2 years ago
[ $ 1.25 ] doesn't have any connection of value like a dollar does, i don't think it triggers the same draw in the mind and heart of a customer.
Found on CNN 3 years ago
He's letting leases expire, he's abandoning stores. He keeps them open if it's expedient to stay open, obviously, they are all going to be gone shortly. You can count on that.
Found on CNN 3 years ago
Obviously they are all going to be gone shortly, this movie has ended, and we're watching the credits roll endlessly.
Found on CNN 3 years ago
I believe that Amazon Essentials, in their endless intent to continue to grow, intends upon expanding their market share through customers who can't or don't want to shop via e-commerce.
Found on CNN 3 years ago
Everything is up for grabs. But of course, there is no market for department stores, they are, for all intent and purposes, done.
Found on CNN 3 years ago
They're not going to have a great Christmas, they're going to have a less grim Christmas, but it's nothing more than an extended going out of business sale.
Found on CNN 4 years ago
The retailers who were wandering around aimlessly pre-pandemic are going to be substantially less likely to muddle through than they were before.
Found on CNN 4 years ago
Theoretically, they could try to sell other brands. But they would have a much more challenging business model, they're not insolvent. But when Sears Canada goes into liquidation, this business will probably be next.
Found on CNN 5 years ago
I think Kmart was too far gone by the time Eddie Lampert took over to be salvaged unless Eddie Lampert or someone was willing to invest a tremendous amount of capital.
Found on CNN 6 years ago
Amazon Go is the disruptor that essentially replaces everything that is used to transact.
Found on CNN 6 years ago
People want more pleasure with less work. If a store can do that, it'll succeed.
Found on CNN 6 years ago
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