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Dick Seesel

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Retailing In Focus LLC

Some of the initial reaction I've read pushes back on Mr. Cornell's Pepsi background, ignoring the time he has spent at retailers like Sam's and Michaels. The real question is whether he can shift the spotlight back onto apparel and home decor—always Target's "calling card" for brand differentiation—and away...

This acquisition follows the typical pattern of consolidation after a period of growth. This has happened over the years in segment after segment of the retail industry (and other industries), from department stores to discounters. The combined company now becomes roughly equal in size to its biggest competitor, Dollar...

With Walmart's strengths in food and commodities, its move into small format stores (Express, Neighborhood Market and so forth) makes a lot of sense. It's a growth opportunity, especially as a way to find real estate in urban areas and other spaces that can't handle a Supercenter. On paper,...

Outlet centers represent continued growth opportunity as long as their developers (such as Simon, which owns the Mills centers) rethink the tenant mix and shopping experience, and as long as the tenants themselves focus on new product development, not just clearance. It's no different from the challenges facing any...

It's premature for Target to pull out of Canada, just over a year since moving in. The company has too much invested in real estate (which they acquired for a bargain price), infrastructure, organization and corporate pride to throw in the towel this quickly. There are some clear lessons...

Part of the issue, as George points out, is the number of vacant jobs that would appear more attractive than the J.C. Penney position. Target would top the list, but Kohl's is searching for a lead merchant with a possible shot at succession to the top job. Either of...

It's a smart move, and Sears Holdings seems to be moving faster than some of its competitors in this area. But it's a double-edged sword: Once customers walk into their local Sears or Kmart store to pick up an online purchase, are they going to like what they see?...

It was premature to declare Best Buy DOA a couple of years ago, but it's equally premature to declare the turnaround a success. Mr. Joly has done several smart things during his tenure that I have noted before on RetailWire (reallocating space away from CDs, DVDs and software, adding...

I'm not sure that cupcakes themselves are the problem—calling them a "fad" is like calling donuts a "fad" just because Krispy Kreme had the same kinds of problems. Yes, there are too many places to buy cupcakes, and every city has its own local examples of failures. Four years...

It's hard to imagine how Mr. Charney's reported (and recorded) antics were tolerated for years, until the board apparently lost patience with his results—not with his behavior. Now the maneuvering between Mr. Charney, his investors and the board continues to threaten a company that was on shaky ground in...

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