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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