Quotes from the news wire:
The business in its current form isn’t working and the hope will be that a smaller entity will be more financially viable.
Found on CNN 1 year ago
It indicates there is massive restructuring going on behind these scenes with a view to conserve cash as the company prepares for either bankruptcy or a sale. the business in its current form isn’t working and the hope will be that a smaller entity will be more financially viable.
Found on CNN 1 year ago
The scale of these layoffs suggest that David’s Bridal is in crisis mode, it indicates there is massive restructuring going on behind these scenes with a view to conserve cash as the company prepares for either bankruptcy or a sale.
Found on CNN 1 year ago
The wacky mix of ingredients is on brand for Cup Noodle, which often fuses traditional noodles with local flavors that it thinks will be appealing to consumers.
Found on CNN 1 year ago
After a year of defying gravity, the slowing economy and pressures on consumers have finally caught up with Home Depot, our data show that the number of improvement projects done by consumers fell over the prior year as people conserved cash for other activities over the holiday period.
Found on CNN 1 year ago
After a year of defying gravity, the slowing economy and pressures on consumers have finally caught up with Home Depot, for most of 2022, the number of existing homes sold has been in decline. However, the pace of decline accelerated in December with the volume of completed sales down by a sharp 36.3%.
Found on CNN 1 year ago
They will hope that their hot sauce dressing provides a new avenue and converts some new customers to the brand. It also addresses new meal occasions.
Found on CNN 1 year ago
Many of these have captured the attention of consumers in a way that Tabasco Brand, which is a more traditional label, has not.
Found on CNN 1 year ago
To have lasted that long, something at the center of the brand continues to work, for us, it’s we can’t rest on our laurels and can’t allow history to be the only guide. We have to be consumer centric in the approach or we always risk irrelevance.
Found on CNN 1 year ago
The truth is that more mature cohorts account for a lot of retail spending and there is a significant opportunity that is not always properly addressed.
Found on CNN 1 year ago
While the Gen Z and Millennial cohorts are both lucrative and interesting, there is something of an obsession with them in retail and fashion that is often to the detriment of older generations, the truth is that more mature cohorts account for a lot of retail spending and there is a significant opportunity that is not always properly addressed.
Found on CNN 1 year ago
I would be more worried if Land’s End said it was going to reinvent itself as a younger brand than it saying it is focusing on what should be its core market.
Found on CNN 1 year ago
While Subway is clearly interested in doing a deal, it is in no particular hurry and will likely be relaxed if nothing comes of its explorations. This means buyers will need to pay a full price to get any transaction over the line.
Found on CNN 1 year ago
At a time when growth in traditional soda is sluggish and when the shelves are being flooded with new and innovative beverages being a tired second-tier player doesn’t really cut it.
Found on CNN 1 year ago
On the buyer front, more people are turning to secondhand as a way to save money when prices are high. And more people are selling their used goods to make a bit of extra money, so inflation is widening the number of people involved in the resale market and expanding the number of items available.
Found on CNN 2 years ago
Inflation is more helpful than harmful for resale as it drives the market for both buyers and sellers, on the buyer front, more people are turning to secondhand as a way to save money when prices are high. And more people are selling their used goods to make a bit of extra money.
Found on CNN 2 years ago
The exact reasons for Cohen ditching his stake are not yet known, however, the extent of the problems at Bed Bath Beyond are likely to have played a part in his reasoning... Almost every metric at Bed Bath Beyond is negative.
Found on CNN 2 years ago
It used to be the case that while a little uninspiring, Kohl's was disciplined and neat in its presentation. Over the past year that has all gone out of the window.
Found on CNN 2 years ago
In our view, the main source of Kohl's woes are internal. Most notably, the company has lost the plot in terms of merchandising and range planning and appears to be taking a seemingly random approach to buying. The result is a jumble of disjointed product in stores, which is exacerbated by a very serious deterioration in shopkeeping standards, it used to be the case that while a little uninspiring, Kohl's was disciplined and neat in its presentation. Over the past year that has all gone out of the window.
Found on CNN 2 years ago
It is easy to see how Amazon Devices will integrate products like Roomba into the Alexa and Prime ecosystems, so that people have one central point of monitoring and control for many tasks and activities.
Found on CNN 2 years ago
In Mark Tritton blunt view, this was a cosmetic reinvention — copied from Target — with very little substance behind it, it is little wonder that it has quickly fallen apart.
Found on CNN 2 years ago
We're still in the early stages of inflation, if higher prices linger for longer, the shifts will become more pronounced — spending will be trimmed further and faster.
Found on CNN 2 years ago
The fact that McDonald's owns most of its restaurants in Russia means there is an asset rich business to sell, however, given the circumstances of the sale, the financial challenges faced by potential Russian buyers, and the fact that McDonald's will not license its brand name or identity, it is unlikely the sale price will be anywhere near the pre-invasion book value of the business.
Found on CNN 2 years ago
Investors voting for Kohl's to retain Read MoreThe department store sector current directors represents a much-needed confidence boost for Michelle Gass and Michelle Gass management team, we have seen far too many past Wall Street interventions in retail end in disaster.
Found on CNN 2 years ago
Peloton has spent vast amounts of money on stores, factories, warehouses and other facilities to service demand that is now unlikely to materialize. The first step of the new CEO, Barry McCarthy, should be to slash costs to right-size the business.
Found on CNN 2 years ago
The gangs are much more dangerous for retailers and for customers shopping in stores, the problem is that while store security and associates can take individual shoplifters to task, they are not able to do much against gangs as they are outnumbered.
Found on CNN 3 years ago
While retailers have always suffered from general shoplifting there is a growing scourge of organized gangs which are stealing to order, the gangs are much more dangerous for retailers and for customers shopping in stores.
Found on CNN 3 years ago
Lingering concerns about the virus and ongoing restrictions in some states and localities continue to act as a brake on visiting Santa in person.
Found on FOX News 3 years ago
Retailers may want to absorb some of the price increase to remain competitive.
Found on CNN 3 years ago
Consumers will often buy when things are presented to them, if you put Halloween candy out early, consumers will pick it up.
Found on CNN 3 years ago
The bigger companies that have more money, more economic clout because they place more orders, definitely have more scope to mitigate [ supply chain constraints ], smaller chains just don't have that economic power.
Found on CNN 3 years ago
Gap deserves credit for the way it runs Old Navy and has kept the brand fresh and interesting for shoppers, this investment has paid substantial dividends in the aftermath of the pandemic as Old Navy's collections of relaxed family apparel at reasonable price points has resonated with consumers looking to refresh closets and kit out kids for back to school.
Found on CNN 3 years ago
Old Navy is especially lucrative for a retailer like Old Navy which has a broad spectrum of consumers of all shapes and body types, for Old Navy and other mainstream players, I think they see an opportunity for growth in a part of the market that they don't serve too well.
Found on CNN 3 years ago
The retailers who made gains during the pandemic are not giving them back.
Found on CNN 3 years ago
Malls have certainly recovered from for the pandemic, consumer spending right now is robust. People haven't spent all of the stimulus money yet. There's pent-up demand. That's why retailers are reporting stellar numbers.
Found on CNN 3 years ago
Discounts will be far less generous both because of less stock and cost inflation, consumers have to be savvy in some areas and buy products quickly.
Found on CNN 3 years ago
What we will likely see is more limited choice and lower stock levels towards the end of the back to school period, some consumers will inevitably miss out on the things they want to purchase.
Found on CNN 3 years ago
While the trajectory for retail is far from terrible, malls are under increasing pressure from higher vacancy rates and tenants being more demanding over rent.
Found on CNN 3 years ago
The bankruptcy shows that while things are now getting back to normal, many of the scars left by the pandemic have not fully healed, strong balance sheets and sound operations are needed to see property companies through this period.
Found on CNN 3 years ago
Over the next ten [ years ], the [ resale market ] will become larger still, fueled by an interest in sustainability, a desire for uniqueness, and the rise of the participatory consumer who wants to trade as well as buy.
Found on CNN 3 years ago
One month of good growth doesn't change the overall trajectory, they are still in trouble.
Found on CNN 3 years ago
LVMH is a brand that has quite a wide appeal. It serves lots of different markets.
Found on CNN 3 years ago
Sears is biding its time until the market is more conducive.
Found on CNN 3 years ago
I think they're hoping for a good holiday season, but they're not necessarily expecting one.
Found on CNN 4 years ago
Simon and Brookfield are in a world of hurt if those stores go dark, they have every motivation to keep this alive.
Found on CNN 4 years ago
But there is still a huge question mark over if and when things will get back to normal.
Found on CNN 4 years ago
We anticipate this will be a pretty long build for us, with more than one-year plus to get to volumes that we anticipated, it's an opportunity for us to grow and look at our other channels that want access, but don't have enough access in New York City.
Found on CNN 4 years ago
Under normal circumstances, a Times Square store would be a magnet for customers, especially tourists, but these are not normal times : Foot traffic has been decimated, tourism has dried up and both of those things mean that stores will be operating well below their potential.
Found on CNN 4 years ago
Although the pandemic has severely eroded the outlook for the business, Brooks Brothers has long suffered from a failure to decisively adapt to changing trends, when it comes to tastes and style, Brooks Brothers has been swimming against the tide.
Found on CNN 4 years ago
As a single day, yes, much less relevant than ever this year.
Found on CNN 4 years ago
Black Friday has definitely transitioned more into a digital affair in the past five years, the focal point is not that single day anymore. It's an event spread out over several days.
Found on CNN 4 years ago
As many consumers emerge from this crisis, their willingness to pay full price for apparel will be reduced, this plays right into the hands.
Found on CNN 4 years ago
Sears Roebuck is in a very dangerous position, before the crisis hit, the consumer economy was robust. Even during those times Sears Roebuck wasn't doing particularly well, and things will be tougher going forward. They sell a lot of discretionary products -- that's the area where things are going to be cut back.
Found on CNN 4 years ago
In product terms, we expect merchandise will still be fashionable and fun, but more emphasis will be placed on comfort, functionality, materials and making consumers feel good about themselves.
Found on CNN 4 years ago
The board [ of Victoria's Secret ] will need to be careful in charting a new course that resonates with consumers and addresses new competitive challenges such as the rise of rival brands like Aerie.
Found on CNN 4 years ago
Whether the above works or not very much depends on how strong the brand is and how much it is needed and wanted by consumers.
Found on CNN 5 years ago
There is a view that businesses can capitalize on the memory of the old brands and make them work again.
Found on CNN 5 years ago
Amazon will not necessarily be spooked by the increase in costs, indeed, it sees the higher shipping expense as an investment in the Prime platform and as a way to retain the loyalty of its shoppers. As the top line results testify, there is some merit in this argument.
Found on Reuters 5 years ago
It still comes across as a tired company that has little to offer, in today's cutthroat retail environment that's not good enough, and it suggests that That Sears is still on a journey where the ultimate destination is failure.
Found on CNN 5 years ago
There is now a complete blurring of the lines between online and offline.
Found on CNN 5 years ago
It is a necessary evil, amazon exists in a world where a lot of retailers have the advantage of allowing customers to pick things up the same day in stores.
Found on Reuters 5 years ago
It is logical that it (Nestle) should start with the YES! product as it is one it promotes as natural and its audience is a younger, more environmentally conscious consumer.
Found on Reuters 5 years ago
While challenges to the full-line business are, at least in part, to be expected, the deterioration at the off-price division is more troubling.
Found on Reuters 5 years ago
IKEA is very conscious that they have to make more effort to be where people want them to be, the old big store model was very' build it and they will come.' But that no longer applies.
Found on CNN 6 years ago
Without a rise in wages, Amazon would be placing itself at a disadvantage in the labor market.
Found on CNN 6 years ago
CVS (CVS.N) and Walgreens have become particularly reliant on the pharmacy side to drive their businesses forward.
Found on Reuters 6 years ago
Amazon's acquisition of PillPack is a warning shot in what is about to become a major battle within the pharmacy space.
Found on Reuters 6 years ago
The U.S. private label for Walmart has always been an entry price, it tends to be at the lower end of the pricing spectrum, I think that's how it will probably work in India as well.
Found on Reuters 6 years ago
While the negative reports of braking issues will not deter Tesla brand enthusiasts, it might raise doubts among the more casual buyer, it is important not to be too harsh on Tesla as other vehicles have had their share of safety and technical issues. The issue for Tesla is that unlike other car companies, it is a young brand that needs to win people over so can't afford too many missteps.
Found on Reuters 6 years ago
Tax cuts, bonuses and good tax refunds have all been a windfall to consumers who have responded by increasing spending, this rising tide has floated most retail boats, Macy's among them.
Found on Reuters 6 years ago
Often, as well as spending the money to buy the brand or business, you then have to spend more to do something strategic that will propel growth, and that means paying out twice before getting a return.
Found on Reuters 7 years ago
Restaurant Brands needs to up the pace of innovation if Restaurant Brands is to grow further.
Found on Reuters 8 years ago
This will, in our view, more than offset any sales gains made in local currency terms.
Found on Reuters 8 years ago
This is something of a tacit admission that Apple is struggling to be innovative on the iPhone front and needs longer to come up with radical new ideas, that said, it is a sensible move that reflects the reality of the market and will allow Apple to re-set expectations, of both the market and consumers, in terms of the product lifecycle.
Found on FOX News 8 years ago
The brand is not seen very negatively but it is seen as being somewhat tired and traditional, younger consumers especially see it as a place that is for the older generation and for a different era.
Found on Reuters 8 years ago
TJX is one of the reasons that U.S. department stores can not succeed at the discount game.
Found on Reuters 8 years ago
The UK is very advanced in terms of online shopping, as other regions catch-up with that they will experience similar problems and similar issues.
Found on Reuters 8 years ago
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