Business case study on retail bankruptcies from @camillemoore
This 8-slide carousel post presents a detailed case study arguing that Richard Baker, a real estate tycoon, has a consistent business model of acquiring retailers with valuable property, extracting the real estate value, loading the retail operation with debt, and letting it fail. The post uses Saks Fifth Avenue's recent Chapter 11 filing as the latest example, citing Lord & Taylor, Zellers, and Galeria Kaufhof as prior instances of this 'playbook'. It concludes with a warning to brands about the risks of wholesale partnerships with entities whose primary interest is real estate, not retail.
Creator: @camillemoore on Instagram
Topics: Business, Retail, Real Estate, Brand Strategy