November 17, 2017

Bloomberg News spoke with Retail Group Co-Leader Ron Friedman about whether Sears's discounting strategy will work to reverse a severe sales slump.

Bloomberg News

By Alexandra Stratton

Featured Ronald Friedman, Partner, Assurance Services

Related Industry Retail & Consumer Products

Bloomberg News spoke with Retail Group Co-Leader Ron Friedman about whether Sears's discounting strategy will work to reverse a severe sales slump.

Excerpt:

To Friedman, the more extreme sales seem like an exercise in unloading inventory. The promotions probably won’t bring new kinds of customers into the stores, he said. Sears’s most loyal fans may be past their prime shopping years.

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Featured

Ronald  Friedman

Ronald Friedman

Partner

  • Assurance
  • Los Angeles, CA