As traditional retail continues to flail, brick-and-mortar chains are looking everywhere for a remedy. Sears is the most recent company to address a very big problem with a small solution, planning to open smaller format specialty stores, while closing down larger locations. Can expansion-via-compression turn...
January 17, 2019
Whole Foods Market is giving up on its plan to expand its 365 stores. CEO John Mackey told employees that the company has opted to not open any additional Whole Foods 365 stores, according to an internal email obtained by Yahoo Finance. The existing 12 stores, which boast smaller formats and cheaper prices, will remain […]
