Jim Shreve made Baccarat hip. Now, he and his longtime partner, Mark Brashear, along with Sally Burnside, the former Baccarat sales V.P., intend to do the same for DeVine Corp., the 32-year-old distributor of elite European brands. You're invited to the opening!
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Congrats to you all. This is very exciting. Tim, we’ve known each other since before you started DeVine Corp., 32 years ago. You’ve been looking for the right opportunity to retire. TIM ...
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Alec MacGillis shares in the Times how online shopping and Amazon in particular are wrecking havoc on retail.
Highlights:
Nationwide, 9,800 stores shuttered in 2019, among them 220 Sears stores.
Analysts predict that brick-and-mortar store closures could reach 25,000 by year’s end.
J.C. Penney, Neiman Marcus and J. Crew filed for bankruptcy, Macy’s furloughed nearly all of its 125,000 workers for months, and countless independent businesses have closed for good.
Part of my job is to review registry software. I ensure that it works well for retailers, registrants, and gift-givers (family and friends). I also assess whether it offers good value (price vs results).
A retailer recently shared with me that it uses the service MyRegistry.com. I reviewed the retailer's site and how a customer would make a registry purchase via MyRegistry.com. For privacy purposes, I changed the name of the store in the screenshots shown.
Barneys will likely keep thousands of dollars belonging to brides, shares today’s Times. The defunct retailer will keeps the brides’ registry credits if they don’t redeem them by this Thursday.
This is also bad for the brands that were sold via Barneys' registries. For example, let's imagine Barneys sells Waterford. If a bride registered for a Waterford product, and that item was gifted by a family member, Waterford would expect that item to be bought by ...
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August 8, 2019
August 8, 2019
I read the New York Times and want to ask: Are we sharpening our executioner's sword? That is what FedEx wondered as it helped Amazon grow by delivering its packages. Finally, FedEx woke up and decided it's better to make less money tomorrow than help usher in its death in the near future. As the Times reports, FedEx is terminating its ground delivery agreement with Amazon at the end of August, thereby passing on the delivery of millions of packages.
Amazon has historically partnered with ...
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August 22, 2018
August 22, 2018
What Does the Gump's Bankruptcy Mean for Your Business?
As you likely know, Gump’s filed for bankruptcy. The famous San Francisco indie store's crash is having wide-ranging consequences for our industry. 41 Madison tenants likely lost more than $1,000,000 on Gump's.
Yet, the economy and stock market are doing very well. How to explain these contrarian events? Furthermore, you surely are asking: How did Gump's reach this low--and more ...
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August 7, 2018
August 7, 2018
Gump’s Files for Bankruptcy
The retailer has $61 million in assets and $64 million in liabilities, according to published reports
August 6, 2018, Allison Zisko ......................................................
LAS VEGAS—Gump’s, after looking for strategic alternatives to stay afloat, filed for Chapter 11 bankruptcy protection in Nevada Bankruptcy Court here on Friday night.
The San Francisco-based luxury department store is looking for a buyer, according to a report in SFGate, and plans to ...
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November 5, 2017
November 5, 2017
An NYU business professor suggests that retailers team up to beat Amazon. The stakes: billions. Or go out of bsusiness or declare bankruptcy. Bridge agrees.
Will fine china manufacturers and retailers offer 'secret' discounts?
This article below from today's NY Times shares how brands and retailers in our market are offering 'discreet' discounts. How do we act on this info below to compete?
August 1, 2009 High-End Retailers Offering More Discounts
By STEPHANIE ROSENBLOOM Scott Stuart was at the Bloomingdale’s store in Manhattan when a salesman sidled up to him, said a private sale was under way and offered him a discount on the slacks he was inspecting.
Chrsyler using its website to help predict real world car sales
The following article shows how Chrysler is using its website to drive real world sales. Excerpts:
Nearly six months before the launch, a team at Organic started calculating how much Chrysler would need to spend on marketing to sell its target number of vehicles by figuring out how much Web traffic the company needed to generate.
When the ad campaign went live, the system started calculating whether the commercials were generating ...
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