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HY Louis

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  • Posted on: 02/07/2018

    Will a CEO without department store experience transform Hudson’s Bay business?

    Agreed. Sinking ship. Doesn't matter who is at the steering wheel.
  • Posted on: 01/23/2018

    Would Iceland’s equal pay law work in the U.S.?

    A small country like Iceland, with about 350,000 people and nearly all the same ethnic background, can do a lot of things the USA can't, because of its diversity and bureaucracy. From what I understand, the USA already has equal pay laws. Disparity often is a result of negotiation ability and lack of transparency. When someone is a rainmaker, there is always somebody willing to pay them more.
  • Posted on: 01/18/2018

    Walmart CEO: ‘Retail is about change’

    This won't happen at Walmart. Their labor model will remain the same regardless of what a CEO says at a conference not attended by front line employees. Privately held and employee owned companies will always have a huge advantage in the USA, such as Wegmans, Publix, Trader Joe's, HEB and Hy-Vee, to name a few.
  • Posted on: 01/16/2018

    Should showrooms replace closed stores?

    Excellent point. You raise a good point regarding the financial sense for the landlord. Most likely there are better uses for the space at a large shopping mall. If a better use cannot be found, there are probably other issues with the mall that cannot be resolved with a format change.
  • Posted on: 01/11/2018

    ICE raids 7-Eleven stores to arrest illegal immigrants

    This is an issue with small independent businesses in almost every country, particularly Canada, New Zealand, USA, and Australia. Many employees are immigrants and to expect every one of them to be current on their status is unrealistic.
  • Posted on: 01/11/2018

    Walmart CEO says ‘Happy New Year’ with pay raise for employees

    A salute and hooray for Walmart. These are things we have heard in the past yet led to no meaningful improvement for employees. You will find that employees outside the USA won't be getting the same benefits. It's only a USA PR stunt. With unemployment at 4%, it might as well be zero percent. Rising wages are a result of low unemployment, however, Walmart is more than happy to appear generous. Walmart gives profit sharing bonuses anyway. Is this in addition? Or has the normal bonus been given a different label?
  • Posted on: 01/10/2018

    Should American Apparel bring its sexy image marketing back?

    You mention football. In Asia we watch NFL sports shows. When the men host they sit behind a desk. But when women analysts host the show, the desk is gone and all we see are women with model bodies in short skirts showing off their shapely legs. Sky Rota makes a good point that they will only use various varieties of skinny. Mr. Lucas below mentions fitness models which are becoming more popular, women who are both thin and muscular.
  • Posted on: 12/28/2017

    What does Bass Pro owe Cabela’s hometown?

    Usually companies tell everyone there will be no changes. They repeat this message for as long as possible. Strategically they tossed out a $10 million figure but we all know that doesn't go too far per-employee. I have no advice for Bass Pro. They have already exceeded my expectations.
  • Posted on: 12/07/2017

    Will shoppers pay services to do returns for them?

    I am in agreement with Mr Bruno. In my opinion this would affect very few shoppers who have substantial returns with high values. Otherwise donate the item to the poor or re-gift at a white elephant party.
  • Posted on: 10/23/2017

    Will same-day pay help hourly workers and their employers?

    In the Old Testament, this was the proper and fair way to treat the poor. Hardly a new idea.
  • Posted on: 10/19/2017

    Consumers don’t trust what CEOs are saying

    No, management needs to keep employees quiet or it may conflict with top management's message. The CEO should also be careful or he can be held liable. Corporate communications is often a warm body quota filled job that can be the scapegoat. Rule of thumb, when discussing your employer publicly, pretend you live in North Korea.
  • Posted on: 10/17/2017

    Should Kroger sell its c-stores?

    I don't know much about c-stores. What I do know is that fuel prices are quite low in the U.S. When I was in primary school our science teachers told us that by this time there would be no more oil left. Instead there is a huge glut. I also know Kroger is just a mediocre retailer (but well managed) and there are superior c-store competitors. I have to wonder what the long-term future is in fuel. Will there be a conversion to electric vehicles? Maybe getting out now is a good idea.
  • Posted on: 10/12/2017

    How can retail stores open doors to higher quality applicants?

    Many American companies seem to have no problem finding good retail employees. Wegmans and Publix come to mind. Others not so much. If you want good employees follow the practices of these kinds of companies. Many are employee-owned. There are those that are not like Trader Joe's. Copy their hiring and work culture.
  • Posted on: 10/04/2017

    Has Amazon really saved Whole Foods from its ‘Whole Paycheck’ trap?

    Of course Kroger and Walmart were the biggest sources of new customers. Those are the two largest grocers in the U.S. Lower prices will increase sales a little but overall Whole Foods will be very expensive to shop. This is mostly a publicity stunt. Whole Foods is successful for providing an experience, not being competitive on prices. Imagine if Amazon bought Disney World and lowered the day pass to $29. Amazon needs to keep prices high or it would ruin the shopping experience.
  • Posted on: 04/13/2017

    Will going bicoastal make Supervalu a stronger wholesaler?

    I can tell you that in Hawaii this is very concerning. We only have two wholesalers, those being C&S and Unified. What if this doesn't work and Supervalu continues to lose money and file bankruptcy? Hawaiian grocers would have liked to see a more financially stable company buy Unified. Hopefully the next big consolidation will relieve some anxiety in paradise. Unless C&S and Supervalu merge. That would surely require approval from whomever regulates competition in the government. With new people in power in the U.S., I can only imagine what would be approved.
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