Entries by jeff

Retail, Technology, Consolidation, and Unintended Consequences

This morning, the Seattle Times featured this article telling us that REI wage hikes for store employee announced last summer will be costing the company $24 to $25 million.  The company’s net income for its last complete year was $38.3 million. Meanwhile, my oldest son sent me this article from Investor’s Business Daily, telling us […]

Projected Retail Closings and Job losses for the Year

People don’t like people who make them uncomfortable.  And when I do it, like now, I’m pretty sure it makes it less likely I get calls for consulting.  But I’m all about trying to help you to run your businesses better and think you need the bad news as well as the good.  Probably you […]

Zumiez’s New Concept Store

Zumiez has been telling us for some time now, correctly I think, that they are approaching the number of Zumiez stores the U.S. market can support.  They ended their January 31 year with 603 U.S. stores.  No doubt they will continue to selectively open (and close) stores and there is certainly no exact number of […]

Emerald Exhibitions- Owner of Surf Expo, Outdoor Retailer, Interbike and Others- Going Public. Why?

Last Week Emerald Exhibition (EE) filed the S-1 that includes the first draft of its prospectus to go public.  Because it’s the first draft a lot of information (like price per share and number to be sold) is missing.  Still, it’s worth a review.  We’ll summarize the company’s history and activities, look at the financial […]

An Intriguing Transaction: GoPro Wants to Sell Some Debt.

GoPro’s press release of yesterday had the following title: “GoPro to Offer $150 Million of Convertible Senior Notes due 2022.”  Well, okay, they’ve run through a lot of cash lately.  That they might want to raise some makes sense.  We don’t yet know anything about the terms.  “The interest rate, conversion rate, offering price and […]

Amazon’s Retail Plans

It’s all the Lydians’ fault.  The Lydians were a people who lived in what’s now Eastern Turkey in the second millennium BC.  Herodotus, writing around 450 BC, tells us this about them: “…the Lydians lived their lives in a way not dissimilar to the Greeks.  So far as we know they were the first people […]