Sears: Dead brand walking

Recently Sears Holdings made several interesting announcements. First, it declared it was closing 63 more stores, in a continued false notion that it can shrink itself to prosperity. This is in addition to the 358 Sears and Kmarts already shuttered in 2017. Then it issued a press release detailing steps it's taking to improve its financial structure, wherein it included … Continue reading Sears: Dead brand walking

The Kors/Jimmy Choo Deal May Usher In A New Era Of Retail Consolidation

Last week's announcement that Michael Kors would buy luxury shoe and accessories brand Jimmy Choo comes on the heels (heh, heh) of Coach's $2.4 billion deal to acquire Kate Spade. While this particular move is not in and of itself a catalyst for more merger & acquisition activity, there is a growing sense that various forces are converging to drive an … Continue reading The Kors/Jimmy Choo Deal May Usher In A New Era Of Retail Consolidation