Really 2020 is a lost year if you are going to compare and not do zero base planning, which may not be the best thing either. You have to look back to 2019, and then 2021 may also not be a normal year either. When all is said and done, 2022 may have to be compared back to 2019 as well! This IS an unprecedented situation in recent history!
Wow Mr. Norris, thank you for confirming my thoughts! I saw that logo for the All In Motion clothes and I said "that's the old Dayton logo! Yes, Target has Dayton DNA and perhaps that is part of what makes Target Target, and that is something that can not be replicated!
Kroger is getting a black eye -- perhaps not deserved! I worked for Kroger in the past. They are extremely disciplined and work hard to make their stores work and also make sense. They are not the number 2 grocer because they are sloppy. They are not. They work hard to eek out success in the extremely difficult marketplace of groceries. They also are STRICT with loss. They tolerate poorly performing stores if they see a service to a community and if they can at least break even and the store can carry itself. But I believe they will not allow a store to become a detriment to the whole -- they will protect the greater business.
What the city council likely did with this ordinance in a naive and unknowing consequence of its actions, was upset a delicate balance that Kroger plays with many stores to maintain a small profit or simply break even. If that delicate balance is broken, or when that delicate balance breaks down, the store is done -- period. You have to protect the overall business. That's business, and I fear this may have been what happened here.
Ms. King, you are SO RIGHT! As a young man -- when I was broke -- I shopped at Payless for probably a decade. Almost ALL of their offerings were $30.00 or LESS and when on clearance, (usually when I bought). you could get a stylish pair of shoes, boots, whatever, for $10.00 or often under. As time went on, their prices slowly worked their way up! Their prices became an impossible choice. For what they were asking, I could get a MUCH Better pair of shoes for less at Marshall's or at a Macy's Friday sale. So then, "Payless Shoe Source" stopped existing in my world, and I do NOT believe that I was alone!
As Storewanderer said, this is all about execution. I hate to admit this, but the Burlington's I have visited were all larger stores and were somewhat difficult -- a great and wide variety of merchandise, in not enough space. So execution will be so important and I hope they can get it right.
This move is very disappointing to me. I could not believe it when I saw the news! This is not the move of a merchant, but it is a very smart and very near-term financial move! I hope that both businesses will be strong enough to survive and thrive. I personally really LIKE Saks Fifth Avenue.
Off mall was a growing trend before the Pandemic affected everything and that is not going to change. Let's face it -- so many malls are tired and haggard; they are becoming awful places people have zero interest in. Sorry, just reporting things I have been told! The A malls have a future, but the entire idea of the "Mall" has to evolve and perhaps not in the way things were heading in the time of 2008 to 2015.
Off mall, meanwhile, means convenience and ease, and in some cases is also seen as a safer alternative --again, reporting things that I have been told by customers.
Also, I agree with Ms. Chan: Location, location, location -- and also there needs to be a good mix of retailers or great results may not follow. Know your market, serve your market. Developers need to do a better job in planning and vision, which some strip centers seem to have by luck and others seem poorly planned.
The first commercial was fun and entertaining, but I have to vote for Woodies.
I do not care if we see this over and over -- the reminder that it is good to be caring cannot be said enough. In this time of the year, we have the ability to make that statement.
As for the U.S., check out any Meijer ad -- they are ALWAYS smart, entertaining, fun, and sometimes also heart string pulls -- Meijer always does a great job!
This was the correct decision this year given the pandemic and the difficulty of the situation overall. Customer safety is utmost. Having said that, Macy's should not try and use it to set precedence for the future. I am certain they are happy for the very small savings they gain in not conducting this outlay. This is a short-sighted vision and their inability to understand, and utilize, the theater of retail is part of the reason they are in the situation that they find themselves.
For me it is all about execution. Retailers should be prepared in-store (I do NOT feel that is the direction of the momentum after speaking to anyone who would patronize me and answer my questions). Retailers should be able to deliver what was ordered in an appropriate time and have BOPIS available that works easy and quickly (Again from my interactions, it seems that most are relying on order and delivery to home.) It has to be made easy for the customer in order to keep them coming back. There has been MORE than enough time to at least try and get ready -- we knew this was going to be different as early as the second quarter.
There WILL be those hearty people who simply WANT to do the typical Black Friday type thing -- for those, the store has to come up with some way to at least try and control the crowd. Also it is important to keep their employees safe as well. Target seems to be very active in planning for that. They may not have a big problem though, the people I have spoken with have told me they consider Black Friday lost this year and they do NOT want to risk it! (That includes an aggressive shopper that I know who usually comes up with a plan and visits MULTIPLE stores starting at midnight!)
I believe that Amazon's Prime day is, this year, the start of holiday shopping in a big way. It may have already started before this, given the overall environment this year. That makes Amazon the temporary winner. That does not mean that Walmart, Target and others wont have "wins" as the season plays out, but I think this year more than ever, Black Friday and the traditional shopping time is less important.
I do think that sales overall for the season are going to be pretty flat and that all the hubbub this week will only help to support that flat level -- a LOT of people are furloughed or out of work.
Also, I think that from experience over the last 5 months, people know that supply and delivery is somewhat interrupted or disturbed, so I really think a lot of people are going to be early on their purchases to avoid "lateness" that may cause a holiday problem.
And I believe that holiday shopping this year is owned by online, with in store a last minute option or a small part of a lot of customers' experience for 2020.
Perhaps they are trying this as a way forward with stores in B and C malls? Maybe they are stuck with leases because my answer to a poor performing B and C mall is -- close those stores! Also, as Mr. Sundstrom said the Colorado store is in proximity to two others, so this might be good use of property. But as mentioned, very expensive warehousing. As also mentioned by many others including Mr. Detroyer, many of the stores have been neglected and are beyond tired. Again, close those stores. If you don't have the wherewithal to keep it up, or worse, you don't have the care to keep it up -- CLOSE IT! It reflects poorly! And finally, as Ms. Holcomb said, this might be a "What can we possibly try next?"