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William Passodelis

  • Posted on: 11/17/2022

    Aldi Australia vs. Kroger: The RetailWire Christmas Commercial Challenge

    I like Aldi, but the Aldi commercial is annoying and I just want it to stop. In this current society where everything has to be an argument, or difficult, I am not a fan of this commercial. The Kroger commercial fits with the season. It is poignant, heartfelt, sad, warm, sweet and brilliant. No contest! Kroger in Ohio is showing multiple shortened versions that are all good and still have the same results. Great sentiment! Well done.
  • Posted on: 10/14/2022

    Kroger and Albertsons are merging

    I thought the exact same thing Jeff. As Mark Ryski said above, bigger is sometimes just bigger. There is potential, but in my observation over the years, it usually does not play out as people thought, hoped, and forecasted. Hopefully they will have seen the difficulties and problems faced by Federated-May on the dry goods side and they will try to avoid the "grocery version" of that. Walmart is still bigger than the combo, but it may be difficult for a while; such large different cultures and methods of operation. Kroger is going to have to "Krogerize" the Albertsons banners. Kroger is much better and I am sure they have big plans. Still, I am afraid the combining is going to be difficult with such a juggernaut. Let's see if it even passes regulatory review.
  • Posted on: 09/03/2022

    Will Bed Bath & Beyond’s new turnaround plan work any better than the previous one?

    That is exactly what I thought as I read this. Stick a fork in it! BB&B needs a lot of work and attention, but I have to wonder if the horse is already out of the barn and down the road.
  • Posted on: 08/20/2022

    Is Target ready for what comes next?

    I agree. Rip the Band-Aid off and deal with the pain -- now -- and then move forward. I Also have faith in Mr. Cornell and the Target team!
  • Posted on: 06/09/2022

    Is Franchise Group’s plan for Kohl’s a retail disaster in the making?

    Horrible ... Just horrible.
  • Posted on: 05/16/2022

    Nordstrom Local is summering in the Hamptons

    I LOVE IT! If you study the map, you can find places in each state where this could make sense. If there is a store nearby -- pass -- but there are lots of locales where this could be a boon. I can think of 3 locations right off where this would afford affluent people easy access to all that Nordstrom has to offer. I think it is great!
  • Posted on: 05/07/2022

    Family Dollar has a big rodent problem

  • Posted on: 04/08/2022

    Will JCPenney’s core customers come back and show their love?

    I love JCP and I love them for clothing for work -- well made, nice quality and great prices. They need to PLEASE PLEASE PLEASE pay attention to and invest in the STORES and their sales floors! The stores I have been in recently were a mess and the store closest to me has the worst lighting of any retail store I have been in! I do not like "Shopping is Back." I prefer: "Shopping is Back At JCPenney." For everyone, shopping IS Back -- (At Ross and Marshalls and Target). I DO wish them well and I want them to find success!
  • Posted on: 02/12/2022

    Aldi moves closer to becoming America’s third largest grocery retailer

    Aldi does things their own way and in an interesting manner. They have had success with little inflation. Inflation and the squeezing of many people's and families' budgets will only help drive customers to their stores--however, I do not feel Aldi necessarily needs this for their success! If we still had no inflation, I would expect them to do well in their new markets. Aldi will likely benefit from the current economic conditions. Also, the customers that Aldi picks up will likely become loyal and dependable for them, as Aldi offers those customers dependable and good deals!
  • Posted on: 01/18/2022

    Can Penney’s new leadership (finally) transform the business?

    Ms. Bender hit the nail on the head! CUSTOMER EXPERIENCE! Pay attention, or at least look at your sales floors. Fix that! If there is going to be a turnaround, it is going to be slow and will require continued sustained effort. It will NOT be easy. The team is talented and will need to be! There is no millennial that knows about or considers Penney for potential needs. If they are going to survive, they must become relevant. However, starting with attention to the store space itself might be a good first year effort.
  • Posted on: 12/06/2021

    Does this activist investor know what’s best for Kohl’s?

    Amen! These guys don’t know what they are doing to the core business — NO! They do not CARE what they are doing to the core business!
  • Posted on: 09/28/2021

    Will Americans finish this year’s Christmas shopping before Thanksgiving?

    I do not have faith. I do believe that a smaller segment -- 25% to maybe 30% of consumers will shop early, but I believe that there will be a LOT of procrastinators who may hear the warnings and think "Oh I am sure they will have lots of stuff!" and put it off -- and perhaps be disappointed?
  • Posted on: 08/01/2021

    Macy’s should have stayed local

    Traditional department stores now are in such a precarious position. Think about how different the industry is today versus, say, 1968. Today you have Target -- who are expert merchandisers and merchants. Back then, Kohl's didn't exist in its current form. Also you have the rise of TJMaxx/Marshalls, Ross, and Burlington in the 1990s and they rule right now. One can say they "need" the department store as a supplier, but there is nothing to stop them from going to suppliers directly. It is a different world, one that has moved on from the traditional department store -- thus the loss of them and the continuing struggles of the remaining survivors.
  • Posted on: 07/20/2021

    Victoria’s Secret is moving out of the mall

    Location Location Location! The work for them is to mine the correct locations for new or moved stores. The "mall" is dead; unless it is an "A" level mall, forget it. What they need to do is focus on the correct location. We lost a small Party City in the same strip center as a Target -- BOOM! Look for Target or Kohl's, or take part of Kohl's space that they are so anxious to get out of and place a VS there! The location is everything in my mind. They have the ability to have great merchandise -- that is not a problem -- but the location is the thing and with all the closures over the last 2 years, there may never be a better opportunity.
  • Posted on: 07/08/2021

    New concept promises to deliver the Bloomie’s experience but in a smaller box

    I remember the Bloomingdales experience -- It was amazing! It was when Bloomingdales was the jewel of Federated and lead by Mr. Traub. I also agree that this is reminiscent of or suggestive of the Nordstrom local stores. Good for Bloomindale's And Macy's! They need to execute this correctly. I am sure they have learned things from the "market" foray. Time will tell.
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