Monday, August 12, 2019

Can Only Top-Tier Retailers Compete?

Figuring out the space for retailers that are not a part of the "super tier" as I have dubbed them, those retailers very good at physical retail and ecommerce and mobile and the digital experience, has been a question I've been interested in for some time.

The bankruptcy announcement by Barneys in New York is interesting to me for this analysis speaking to the competitors Barneys was dealing with:

Scale allows these competitors to invest significantly in long term growth initiatives around customer-facing elements like websites and store remodels, and infrastructure like robust supply chains.

Barneys was at about $800 Million while those competitors were at the Billions level.

I think there is a lot of space for B2B companies providing these services the Barneys of the world cannot afford on their own.

Read the whole story here:

https://www.retaildive.com/news/how-barneys-new-york-lost-its-cool/560356/

Happy Reading,

J.W. Gant

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