In their efforts to cast as wide a net as possible, retailers — particularly in clothing — have made their designs boring, Nicole Miller CEO Bud Konheim said Tuesday.
"What's the problem with business today? Everybody's concentrating on traffic," Konheim told CNBC's "Squawk Box." "Traffic is this anonymous costumer, and they design and buy for this anonymous customer and the stuff becomes really unexciting at the big box retailers."
Konheim also said these retailers eventually see sales fall "and they blame the weather."