Going Private Could Be The Best Thing To Ever Happen To Nordstrom; With One Big Caveat

Recently a roughly $8.4 billion offer from the Nordstrom family to take the namesake retailer private¬†was rejected as inadequate. The deal now seems at risk as the special committee in charge of evaluating a potential transaction indicated that the price needed to be "substantially" and "promptly" improved upon or they would terminate further discussions. While … Continue reading Going Private Could Be The Best Thing To Ever Happen To Nordstrom; With One Big Caveat

Flailing retailers need to learn to ‘sell the hole’

I cannot begin to tell you how many times executives at various retailers have said to me that "it's all about the product." Earlier in my career, when someone would spout this alleged truism, my somewhat smug thought would be that I could easily come up with many examples where that was demonstrably false. In … Continue reading Flailing retailers need to learn to ‘sell the hole’