Tag: business
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Big Department Stores No Longer Make Sense Because People No Longer Shop That Way
The Ribotsky Institute previously concluded that the structural weaknesses created by combining multiple struggling retailers would ultimately force Saks Fifth Avenue’s parent company to once again seek bankruptcy protection, a conclusion borne out by today’s bankruptcy filing. The economic reality forcing the bankruptcy did not come out of nowhere. It confirmed what had already been…
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Saks’ Pending Bankruptcy Was Baked In the Moment It Tried to Save the Luxury Department Store Model
If reports are correct that Saks Fifth Avenue, through its parent structure, is preparing for a Chapter 11 filing after missing a massive interest payment tied to its acquisition financing, this should not be treated as a sudden deterioration or an unfortunate turn of events. It is the predictable outcome of trying to solve a…
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Netflix’s Bid for Warner Isn’t Really About Warner — It’s About Blocking Paramount.
Netflix’s $72 billion bid for Warner Bros. and HBO has been treated as if it were a conventional mega-merger, but the more closely one examines the economics, the politics, and the legal framework surrounding the deal, the more one thing becomes clear: this may not be a merger attempt at all. It may be a…
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