existing debts. Robin Lewis, a consultant for the retail industry, explains that Sears strategy of underinvesting in stores and selling off of assets has starved capital and management resources, and has made it impossible for the company to adequately respond to changes within the industry.
He did nothing to maintain the stores nothing to spiff them up and make them a nice place to go shopping, said Robin Lewis, a longtime industry analyst and chief executive of the Robin Report. Youve got young people today that dont even recognize Sears as a place where they would go.
Date: May 13, 2017
Category: Business
Source: Google
Nordstrom just confirmed a curse in American retail
Over time as their discount stores outnumber their full-price stores (which is already the case for some retailers); consumers will perceive the flagship brand and the discount store brand to be one and the same, Retail expert Robin Lewis wrote on his blog, The Robin Report. Sadly, they will happ
"What he's done brilliantly is manage these brands into oblivion while squeezing billions of dollars of cash into his elusive businesses," said Robin Lewis, CEO of The Robin Report, a retail strategy newsletter.
Date: Jun 08, 2015
Category: Business
Source: Google
Michael Kors' weak sales suggest it's falling out of fashion
The seductive thing about the Kors-type of hot trajectory is in the initial delight of consumers, veteran retail expert Robin Lewis said in an April blog post, referring to how accessible the brand is and how much people want it.
Date: May 27, 2015
Source: Google
Apple store guru Ron Johnson launches concierge service for tech devices
manufacturers. Today, Web-enabled shoppers expect to get what they want, when they want it, and it needs to work. In their book The New Rules of Retail, Robin Lewis and Michael Dart note that the more a company can own every step of that retail value chain, the better its chances of success (cue Apple again).
Date: May 06, 2015
Category: Sci/Tech
Source: Google
Apple Watch Debut Marks a New Retail Strategy for Apple
"They're going after the top because of the trickle-down effect," said Robin Lewis, CEO of The Robin Report and co-author of The New Rules of Retail: Competing in the World's Toughest Marketplace, which explores Apple's retail strategy. "Scarcity just creates greater, more intense demand."
At the moment, outlet stores are driving over 60% of Coach's business, notes Robin Lewis, CEO of The Robin Report and co-author of The New Rules of Retail -- Competing in the World's Toughest Marketplace. That is lading customers to view the brand "as uncool and cheapened."