Ross: As Others Retrench, Discount Chains Grow

Ross: As Others Retrench, Discount Chains Grow

This article offers a handful of nuggets that break down why discounters like Ross are finding success against online shopping.   Ross’s average item price is only $10 98% of Ross’s goods are under $30 Online retail has trouble offering these prices for...

“The Death of Retail Is Greatly Exaggerated”

This article is from The Robin Report (The Robin Report Article) and was written by Shelley E. Kohan.  Shelley’s accounting of the current and evolving retail world is, frankly, the best I have read to date.  So much so, I thought it was worth posting and...

Toys R Us Files for Bankruptcy

As anticipated, Toys R Us ultimately filing for bankruptcy.  The Economist Article Toys R Us files for bankruptcy Ask young American parents about Toys R Us and they are likely to be able to sing a jingle from their childhood: “I don’t wanna grow up, ’cause maybe if I...

Amazon Buying Whole Foods

Hot off the presses…..$13.7 Billion The online retail giant announced Friday that is buying organic grocery chain Whole Foods (WFM) for $13.7 billion in cash. The deal values Whole Foods at $42 a share, 27% higher than where the stock was trading Thursday....

A Round of Applause for Toys R Us

Toys R Us has done what many thought impossible; turn the company around and return it to a successful viable retailer.  Jerry Storch (CEO) and company did it in the face of a terrible economy and increasing pressures from Walmart, Target and Amazon.   The company is...