Layaway as we know it has changed considerably over time, and it seems antiquated when today’s millennials are looking for higher levels of instant gratification than consumers of the past. As such, there has been… Read More
No one can dispute that free trade should be fair to both sides. And no one can dispute that the U.S. and China trade relationship (the biggest among all nations) has been unbalanced in favor… Read More
The United States Supreme Court, that bastion of jurisprudence which increasingly thinks constitutional issues are political footballs, has decided to give states permission to collect taxes from online retailers, a ruling that could be worth… Read More
2018 has lived up to its billing. The year promised zaniness amid the industry-wide “crack-up,” and it has not disappointed. The last six months have raised as many questions as answers. It is appropriate that… Read More
Ever since Homo Sapiens appeared some 200,000 years ago, they, or we if you prefer, have had one thing in common—a distrust of everything new and fear of the unknown. We made tools, hunted, circled… Read More
Albertsons’ proposed buyout of the parts of drugstore chain Rite Aid that won’t be acquired by Walgreens flings the supermarket operator into the fast-changing healthcare industry — and has big implications for food sales as… Read More
Do we have amnesia? A mere six months ago at Shop.org in Los Angeles, I remember sitting amidst heated debates, akin to the Miller Lite “Taste Great, Less Filling” ads from the 1980s. The sticking… Read More
Since revisionist history seems to be taking center stage in Washington and elsewhere, let’s take a stab at our own. Were he alive today, Thomas Paine, one of the architects of the American Revolution and… Read More
According to Moody’s Investors Service, 13.5 percent of their retail and apparel portfolio is distressed, compared to 16 percent during the Great Recession. This little factoid, along with the recent announcements of thousands of store… Read More
The 21st-century economist understands cash on a global market scale. Trillions are sitting in accounts across the world. The largest global technology companies are sitting on piles parked in offshore accounts beyond the reach of… Read More
