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Feb 25, 2017
5:15
:33
pm
CrimWalCoug
All-American in practice
Costco's play has always been price and quality.
The club channel is the absolute most cost-effective way to move product, which is why they will always be around. Club still needs to figure out e-commerce though, but they'll get there.
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CrimWalCoug
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CrimWalCoug
Joined
Apr 7, 2016
Last login
May 12, 2024
Total posts
17,502 (2,229 FO)
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Messages
Author
Time
SEARS lays off 130 people at corporate and looks to close 150 stores
jrifkin48
2/25/17 8:09am
I always liked their catalog as a kid
SJS
2/25/17 8:10am
They have been struggling for many years
Skeptical Optimist
2/25/17 8:14am
JC Penny shutting down a bunch, too.
Art Director
2/25/17 8:20am
I think Borders was the first big victim of Amazon
KingDave
2/25/17 8:28am
Our Sears is closed but not for lack of sales...
jxncoog
2/25/17 8:29am
Genius CEO who merged Kmart in mostly to blame IMO
DumpsterFire
2/25/17 8:41am
Sounds like Sports Authority from last year. 150 stores quickly turned into all
Seaward
2/25/17 8:47am
There will be amazon and Nordstrom when the retail dust settles.
cdr88
2/25/17 10:52am
Amazon, Walmart, and Costco will be three of the last retailers standing.
CrimWalCoug
2/25/17 11:19am
The middle is gone or going. Only the extremes will survive. Costco has been
cdr88
2/25/17 4:32pm
Costco's play has always been price and quality.
CrimWalCoug
2/25/17 5:15pm
I like your insight on profitability...that is driving more manufacturers online
cdr88
2/25/17 4:35pm
Growth and the willingness of e-commerce not to make money is driving CPG companies online.
CrimWalCoug
2/25/17 5:47pm
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