Quote:
Originally Posted by CliffFletcher
I don't know how much is the fault of Sears and how much is the sea change in retail. The mid-range market is collapsing everywhere. Today's market has Winners, Wal-Mart, etc. on one hand, and Nordstrom's, Crate & Barrel, etc. on the other, and nothing in between. People either want stuff as cheap as they can possibly get, or nice stuff that they're willing to pay a premium for. Which just mirrors the way our society is going in general.
|
If you are going to be a one-stop shop, you have to be a discount retailer.
Premium works if you specialize (fashion, luxury goods, etc.).
The Bay is looking rather sad these days as well because they are still positioned partly in the mid-market.
Then there's Amazon which completely changes the playing field as well. I bought my last 55" 4K TV from Amazon instead of going to a retailer.