Where’s the urgency with retail brands?
Tom Dougherty, CEO – Stealing Share
16 May 2013
I mean, many of them are going to die
What does a rise in Macy’s profits of 3.8 percent in the last quarter mean to other retail brands? It means this is no time to be asleep at the wheel retailers.
JC Penney and Kohl’s are being mentioned as losers in most of the financial news stories. Can’t argue with that.
“All you need to do is get out of your own way and be willing to reinvent your importance to the shopping market.”
If you want to grow business as a store, retail brands need to do it at the expense of your competition. I think we all agree with that. But where is the sense of urgency and the absolute need for change in this category? I don’t see it anywhere.
The analysts assert that advancements in delivering online orders are mostly responsible for the good results for Macy’s. To my thinking, this is a thin and fleeting advantage.
As an expert in increasing market share, I can tell you straight out — there is room to take a lot of share in this category. All you need to do is get out of your own way and be willing to reinvent your importance to the shopping market. We know how to do this and yet no one from the category has called us to ask us how. Whoever calls first will win.
Ataribox Tom Dougherty, CEO - Stealing Share 18 July 2017 Ataribox is perfect for this moment in time I’ll repeat just as I have said in the past, “I am by no means a video gamer.” But I do know Atari and have an interest in Ataribox. But my lack of gaming skills...
Time rebranding Tom Dougherty, CEO - Stealing Share 17 July 2017 Time rebranding is fools gold with name change News reports say there’s a Time rebranding effort afoot. And I think it’s fool’s gold to think that will make the company (and its magazines) more relevant....
Boston Scientific Tom Dougherty, CEO - Stealing Share 13 July 2017 Boston Scientific TV spot doesn't create preference There are few, if any, companies that brand products and companies in the medical device category more than Stealing Share. We’ve worked with...