The general culture of

The general culture of investment banking has deteriorated over the years. We did a $6 million deal years ago for Diversified Retailing and we were rigorously and intelligently screened. They bankers cared and wanted to protect their clients. The culture now is that anything that can be sold for a profit will be. ‘Can you … Read more

That books, a commodity

That books, a commodity little changed since Caxton’s day, should have turned out to be the trailblazers of retailing on the internet is one of the stranger cultural ironies of our time. If you’ve bought one thing on the net, the newest and most prodigiously high-tech communications system imaginable, then it is almost certain to … Read more

In today’s retail environment,

In today’s retail environment, competition comes from every conceivable retail format. To succeed, we have to operate more efficiently and compete more effectively against players at all levels of the retail demographic. There is no question that this is a bold and exciting move, and one I believe will have a positive impact on competitive … Read more

Social media can work

Social media can work to a CEO’s advantage. Someone with a great product in a small town in the middle of nowhere can compete in the world marketplace. In 1962, Sam Walton changed the face of retailing with Wal-Mart. As we speak, Amazon is again changing the face of retail with on-line buying. Bill Capodagli