Customer Growth Partners

Providing actionable insight to build shareholder value through field-based customer and company research & analysis.

Customer Growth Partners

Providing actionable insight to build shareholder value through field-based customer and company research & analysis.

Customer Growth Partners In The Media

Saturday Shopping Sets U.S. One-Day Sales Record, Analyst Says

https://www.bloomberg.com/news/articles/2019-12-23/super-saturday-shopping-sets-one-day-sales-record-analyst-says

Santa Getting Into Gear as Retail Traffic Picks Up

With Christmas nearing, retail sales are gaining momentum.

Source: wwd.com/business-news/retail/holiday-shopping-picking-up-1203401188/

Customer Growth Partners: Back-to-school poised for best growth since 2011

American consumers are ramping up their spending, just in time for the critical back-to-school season.

Source: chainstoreage.com/finance-0/customer-growth-partners-back-to-school-poised-for-best-growth-since-2011

Online surge and long lines mark the start of Black Friday sales

U.S. shoppers hit department stores on Thanksgiving evening and spent $1.75 billion online by 5 p.m. ET as a strong economy and rising wages drove a solid start to the holiday selling season.

Source: www.cnbc.com/2018/11/23/online-surge-and-long-lines-mark-the-start-of-black-friday-sales.html

Strong Economy Can’t Save Macy’s From Retail Shifts

The strong U.S. economy wasn’t enough to give many mall-based retailers a strong year-end boost, as Macy’s and others posted tepid holiday sales, fueling a selloff in retail stocks.

Source: www.wsj.com/articles/macys-lowers-annual-guidance-following-slower-holiday-sales-11547128500

Edward Lampert’s Plan for Sears: Smaller Stores, Less Apparel

Edward Lampert, who steered Sears into bankruptcy and kept it alive with a $5.2 billion offer for its assets, says he will sell or sublease some of the 425 remaining stores, devote extra space to tools and appliances, and open more smaller stores.

Source: www.wsj.com/articles/edward-lampert-shares-his-plan-for-sears-after-bankruptcy-11550053801

Billion-dollar Bragging Rights, Fashion’s New Benchmark

How many billions does a company need to be taken seriously?

Source: wwd.com/business-news/financial/retail-billion-dollar-club-1203096676/

Macy’s just dealt a big blow to the struggling American mall

Hundreds of American malls are struggling. Their troubles just got worse.

Source: www.msn.com/en-us/finance/companies/macys-just-dealt-a-big-blow-to-the-struggling-american-mall/ar-BBZGx72

Macy’s to Close 125 Department Stores, Exit Weakest Malls

The department-store operator is cutting back in an admission that a fifth of its locations cannot thrive as shoppers buy more online and make fewer trips to malls.

Source: www.wsj.com/articles/macy-s-to-close-125-department-stores-exit-weakest-malls-11580850007

Simon Property Group in Deal to Acquire Rival Taubman Centers Inc.

The combination makes strategic sense to Wall Street, but consumers will have the final vote.

Source: wwd.com/business-news/retail/simon-property-group-acquire-taubman-centers-inc-1203475772/

Sears Plan to Get Out of Bankruptcy Has a Familiar Ring

The retailer says it will do more of what it has been doing in recent years: closing stores and borrowing more money from its controlling shareholder.

Source: www.nytimes.com/2018/10/15/business/sears-bankruptcy-plan.html