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ABOUT THIS BLOG
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This blog will look at the winners and losers in the retail space. Who has the right strategy to capture consumer dollars? It also will look for trends in consumer spending and how that will impact the economy.
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Philadelphia, Chicago, Detroit, Los Angeles, Ventura, CA, New York. For the past week, I’ve been traveling around the country and keeping an eye on consumers across America. Each region faces its own unique challenges with gas prices fluctuating from market to market and housing prices also shifting.
In particular, I’ve been watching growing retail vacancies in California and Florida. Keep an eye out because we shot lots of great video and interviews regarding Mom and Pops and some of the challenges that retailers are facing in these problem markets.
Tomorrow I’m off to Kentucky for another story, but I PROMISE that I will post those notes from the Sears [SHLD
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] meeting by tomorrow morning. A number of readers have asked just when Lampert’s comments will appear on my blog and I’ve only my own laziness/hectic schedule to blame for the delay.
In the meantime though, I’ll be anchoring the "Closing Bell" at 3 pm ET today. I’m excited to say that Macy’s [M
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] CEO Terry Lundgren will be joining us live from their headquarters to talk about the company’s better-than-expected earnings. Watch at 3!
Questions? Comments?
- Ever wished your cab driver would stop chatting and just get to where you're going? Well, that moment is closer than ever.
- UPS is giving its customers the option to offset its carbon emissions when sending a package.
- Romania's presidential campaign has been rocked by a video that may show the president striking a 10-year-old boy.
- Raising alligators is hard work, and the fickle taste of rich consumers has just made it much harder, says the NY Times.
- A recent issue of ESPN Magazine was one of its top sellers ever, and it only took scantily clad athletes to make it happen.
- The continued real estate boom in China is partially fueled by a generational flood of newlyweds.
Data is a real-time snapshot *Data is delayed at least 15 minutes