Greg Foran, the former CEO of Walmart U.S. said that “Retail Will Change More in the Next Five Years Than It Has in the Past 50 Years”. If he is even remotely correct, expect to see a rapidly shifting retail landscape as we enter a
As Under Armour founder and chairmen Kevin Plank unveiled a new brand message – “The Only Way is Through” – SEC filings revealed that in the last quarter a hedge fund made a significant bet on Under Armour’s future performance. Lone Pine Capital LLC purchased a
As the Holiday season of 2019 winds to an end, I am going to use this time to look back and to look ahead. The 2010’s were a transformative decade for retail. While Retailmageddon didn’t exactly come to pass, we saw a significant slowdown in
A long wait is not the typical experience at Starbucks. But waiting is part of the journey at Starbucks’ newest Roastery on Chicago’s Michigan Avenue. On a recent Friday – nearly three weeks after the Roastery opened - lattes were delivered six minutes after they
There were two significant stories in the past few weeks involving Amazon’s incursion into the world of food retail. The first was the announcement of changes to pricing for the Amazon Fresh delivery service and the second was the recognition of what has been an
Walmart’s performance in the third quarter should serve as a powerful reminder to the retail community that the world’s largest retailer remains a formidable competitor even as Amazon continues its assault on the rest of the market. Comparable store sales were up 3.2% in the U.S.
“Change (in China) is so dynamic” Walmart’s SVP of Cross Border Trade, Ben Hassing set the tone for the sixth annual Global E-Commerce Leaders Forum (GELF) NYC program. Hassing’s keynote presentation, “The Local of Global Ecommerce” shared his experience as the head of Ecommerce and Technology
In one of the most anticipated bankruptcies in some time, Forever 21 officially declared Chapter 11 over the weekend, adding to the list of large retailers who have retrenched their store base or fully closed down in 2019. While many argue whether we are officially
Our Investor Services Practice Builds long term relationships with investment firms and their portfolio companies. For nearly four years, consumer confidence has hovered in the mid-to-high 90’s. With an unemployment rate of 3.6% in early 2019, the job market has rarely been as good. And total
The sixth annual GELF NYC conference is being held on Thursday, September 19th. The New York conference brings together a community of digital and international executives from global brands and retailers across the U.S. This follows GELF conferences in Los Angeles and Miami (GELF LATAM)
