This source gives a
broader look at the retail industry. Kohl’s (based on the graphs provided in
the source) has been stable since 2009. Their ability to prepare for future
trends could be the reason they are generally stable. They see that JC Penny’s
is in a hole that only “promotions” could get them out of, so Kohl’s appears to
be taking precautions by constantly advertising their sales to their “value-conscious
consumers” (Fool, 2013). This could be useful in my speech because I focus on
how they promote sales to attract the ‘Superwoman’ shopper.
This article also brings
to my attention that retail business profits are predicted to decrease due to
the increased money-flow into technology (Fool, 2013). I may not have been
looking years ago, but I would have sworn they had more items at a ‘normal’ price.
When I visited, I noticed close to everything was a sale. This may be because
they are trying to lure in more customers. This may also be due to an overflow
of products left over from the summer season (Fool, 2013).
The Motley Fool, “Kohl’s
Corporation (KSS), Macy’s, Inc. (M): J.C. Penney Company, Inc. (JCP) Is Turning
Itself Around, but Stiff Headwinds Exist”. Insider Monkey. 2013 Sept 16. Web.
2013 Sept 18.
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