4 ms·
It's possible that the Waterstone model is something to consider moving forward, but it's unreasonable to act as if the flaw in B&N's business model was a "thin
by kosei 8y ago
It's possible that the Waterstone model is something to consider moving forward, but it's unreasonable to act as if the flaw in B&N's business model was a "thinker" book reader market that is "turned off by mass marketing". Toys R Us, Radioshack, Payless, Circuit City, Sports Authority. There are dozens of retail businesses that have gotten the ax in recent years and they're all in very different industries.
The internet just flipped a bunch of retailers' business models upside down, and they're all dealing with the consequences.
The retail apocalypse is real.
Links:
https://www.bloomberg.com/graphics/2017-retail-debt/ https://www.bloomberg.com/graphics/2017-retail-debt/
https://www.theatlantic.com/business/archive/2017/04/retail-meltdown-of-2017/522384/ https://www.theatlantic.com/business/archive/2017/04/retail-...
https://www.businessinsider.com/the-retail-apocalypse-has-officially-descended-on-america-2017-3 https://www.businessinsider.com/the-retail-apocalypse-has-of...
- fencepost 8y agoI'm not sure about the others but I'm pretty positive that Toys R Us was killed by a standard vulture capitalist business model. Arrange a bunch of financing, purchase a company, saddle that company with the payments for the debt that you used to acquire it, charge that company large management fees and take out any profits that you can. Eventually when the massive debt load and payments are too much for the now under capitalized business see if you can sell the remains to someone else who thinks they might be able to get a little more meat off those bones.
- dajohnson89 8y agobut weren't the unfavorable terms of the purchase a result of poor sales?