• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • Login
  • Subscribe
  • Logout
  • My Profile

  • CORONAVIRUS
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • REGIONS
    • Asia Pacific
    • Canada
    • China
    • Europe
    • Latin America
    • Middle East/Africa
    • North America
  • THINK TANK
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » Just by Sticking Around, Analysts Say Sears Has Hurt Macy's

Just by Sticking Around, Analysts Say Sears Has Hurt Macy's

February 15, 2017
San Francisco Chronicle

Industry observers have long predicted that Sears would wither away and die. The company, controlled with a tight fist by chairman and CEO Eddie Lampert, has certainly shrunk. But the once-venerable brand has stubbornly clung to life, even as it absorbs huge operating losses.

In fact, Sears has stuck around long enough to deprive Macy’s, which analysts consider a stronger, more viable chain, of much-needed sales and market share. Now that Canadian giant Hudson’s Bay is reportedly in talks to acquire Macy’s, a move that could lead to mass store closings, it’s quite possible that Sears could persevere a little longer and force other struggling retailers to consolidate.

“It’s crazy,” said Burt Flickinger, managing director of Strategic Resources Group, a consulting firm in New York. “Sears is still a longshot, but the retailer has a chance to come back. And if Sears comes back, anything is possible.”

Indeed, Sears stock rose 26 percent to close last week at $6.96 after Lampert announced a restructuring plan to save the company at least $1bn a year. He also said Sears would better analyze data to focus on getting its best customers to buy highly profitable merchandise.

In addition, Flickinger said, Sears has recently recruited some top talent to oversee its merchandising, customer loyalty and supply chain operations, including Girish Lakshman, a former top executive at Amazon in charge of transportation strategy, technology and customer returns, and Andrew Clarke, the former merchandising and design director for the New Look and Mim brands.

Read Full Article

RELATED CONTENT

RELATED VIDEOS

Technology Supply Chain Visibility Global Supply Chain Management HR & Labor Management Consumer Packaged Goods Retail
KEYWORDS consumer packaged goods Global Supply Chain Management HR & Labor Management Retail Supply Chain Visibility Technology
  • Related Articles

    These 7 Workplace Technologies Will Reach Mainstream Adoption by 2023, Analysts Say

    Trump Presidency Could Restrict IT Outsourcing, Analysts Say

    Governments Are Making Slow Progress With Digital Initiatives, Analysts Say

San Francisco Chronicle

Dear Mr. President: The Nation's Transportation Infrastructure Needs Serious Attention

More from this author

Wake up to Coronavirus Updates and the latest Supply Chain News!

Subscribe to our Daily Newsletter

Timely, incisive articles delivered directly to your inbox.

Popular Stories

  • Coronavirus-watch-Armada

    Virus Update: U.S. Vaccination Pace Hits 2 Million a Day; Gasoline Stockpiles Plunge

    Coronavirus
  • Walmart

    Walmart Embraces a Local Fulfillment Model for Grocery

    Logistics
  • Shipping Logjam

    U.S. Retailers See Millions in Sales Delays Amid Shipping Logjam

    Coronavirus
  • How Can E-Commerce Retailers Compete?

    Smaller E-Tailers Weigh Pros and Cons of Fulfillment by Amazon

    Logistics
  • Amazon

    Podcast | Making It As an Amazon Seller: It’s No Picnic

    Logistics

Digital Edition

Scb feb 2021 lg

2021 Supply Chain Management Resource Guide

VIEW THE LATEST ISSUE

Case Studies

  • Remote Implementation: A Dose of the Right Medicine for B2B Pharmacy

  • LSP Saves Customer $1.5 Million a Year With MPO Global Inbound Management

  • Auto Supplier Wows Key Client Using riskmethods Supply Chain Savvy

  • Integrating Shipping and Compliance Saves Conglomerate Millions

  • How a Consumer Goods Giant Upped Its On-Time Delivery Performance

Visit Our Sponsors

6 River Systems ArcBest Armada
aThingz BluJay Burris Logistics
DSC Logistics DCSA (Digital Container Shipping Association) DHL Resilience360
Genpact Geodis GEP
GreyOrange Honeywell Intelligrated Infor
Inmar Kibo Commerce Logility
Magnitude Software MPO Old Dominion
Oliver Wight OpenSky Paccurate
Ports America Purolator QAD Precision
Red Classic Riskmethods Snapfulfil
TGW Systems Tradepoint Atlantic Transportation Insights
Watson Land Company Westfalia Technologies Workjam
Yang Ming    
  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • Webinars
  • Digital Offerings
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • Newsletters
  • Resources
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
    • 100 Great Partners Form
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us
    • Data Sharing Opt-Out

All content copyright ©2021 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing