by stevenpdennis | Mar 22, 2022 | A Really Bad Time to Be Boring, Growth, Strategy
Earlier this month Kohl’s used its Investor Day presentation to boldly declare that it was no longer a department store, but rather a “focused active and casual lifestyle destination.” The management team then laid out a series of initiatives designed to bring that...
by stevenpdennis | Feb 14, 2022 | Amazon, Innovation, Strategy
If my Twitter and LinkedIn feeds are even a small indication, there remains a wide-spread belief that Amazon makes little or no money in “retail”, and that its wildly profitable Amazon Web Services (AWS) division continues to subsidize the company’s phenomenal...
by stevenpdennis | Jan 13, 2020 | Retail, Strategy
Today Sears Holdings reported comparable store sales decreases of 10.9% and its twelfth straight quarterly operating loss. And when we are reminded that despite a decade of Eddie Lampert’s leadership there is still no articulated–much less viable–strategy to turn the...
by stevenpdennis | Jan 13, 2020 | Strategy
This blog was originally posed April 1, 2014. After years of fighting declining sales and anemic profits, Sears Holdings (the parent company of Sears and Kmart) announced today that it would convert all of its more than 800 mall-based Sears department stores to indoor...
