Margaret bogenrief single - 3 Reasons Why Kohl s Is Sinking - Business Insider


Not all is lost, however, for retailers struggling to change in this evolving marketplace. Despite all predictions to the contrary , Best Buy appears to be on the verge a turnaround, due, in significant part, to CEO Hubert Joly’s efforts.

Instead of blindly rebranding and attacking an e-channel strategy, Joly’s worked to shift the once-failing retailer’s strategy and business model to leverage previously-perceived weaknesses (such as physical locations and a poor web presence) to adapt to today’s shifting marketplace.

If recent news is any indication, however, the retailer is in (if not as much trouble as its natural retail adversaries) an unenviable position within the market. With Y-o-Y November sales down nearly 5% (with Y-o-Y down nearly .4%), and Black Friday sales at stores open at least a year dropping percent (recording negative sales in all regions), Kohl’s appears to be simply surviving, instead of thriving, within a retail market that should be rewarding the retailer.


Margaret bogenrief single

Margaret bogenrief single