Winners & Losers December 14, 2017

Retail Like It’s 1999

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Winner: Jeff Bezos. But as the Amazon founder becomes the world's richest person, who's losing?

Sources:
(0:03) “Bloomberg Billionaires Index,” Bloomberg, December 2017. https://bloom.bg/2lRPxsA
(0:28) Credit Suisse.
(0:33) “Sears And Kmart Are Closing 63 More Stores — See If Your Store Is On The List,” Business Insider, November 2017. https://bloom.bg/2lRPxsA
(0:35) “Sears’ Loss Narrows As Same-Store Sales Plunge,” Business Insider, November 2017. https://bloom.bg/2lRPxsA
(0:39) “Sears, Roebuck And Co.,” Chicago Tribune, April 1999. https://bloom.bg/2lRPxsA
(0:39) Yahoo! Finance.
(2:01) “9 Facts About Amazon’s Unprecedented Warehouse Empire,” Curbed, November 2017. https://bloom.bg/2lRPxsA
(2:01) “Amazon Global Fulfillment Center Network," MVPVL, 2017. https://bloom.bg/2lRPxsA
(2:18) “Amazon’s Ever-Growing Shipping Costs,” Statista, February 2017. https://bloom.bg/2lRPxsA
(2:25) “Employment, Hours, and Earnings from the Current Employment Statistics Survey (National),” Bureau of Labor Statistics, December 2017. https://bloom.bg/2lRPxsA
(2:32) “There Are 170,000 Fewer Retail Jobs In 2017—And 75,000 More Amazon Robots,” Quartz, December 2017. https://bloom.bg/2lRPxsA
(2:32) “Amazon Now Has More Than 500,000 Employees,” CNN, October 2017. https://bloom.bg/2lRPxsA
(2:32) “Amazon Soars To More Than 341K Employees — Adding More Than 110K People In A Single Year,” Geekwire, February 2017. https://bloom.bg/2lRPxsA
(2:41) “Calvin De-Kleins Retailers to Sell on Amazon,” L2, Inc., November 2017. https://bloom.bg/2lRPxsA
(2:52) “PVH’s (PVH) CEO Manny Chirico on Q3 2016 Results - Earnings Call,” Seeking Alpha, December 2016. https://bloom.bg/2lRPxsA
(3:17) “How Dollar General Became Rural America’s Store of Choice,” The Wall Street Journal, December 2017. https://bloom.bg/2lRPxsA
(3:17) “Net Sales of Macy's Inc. Worldwide From 2005 To 2016 (In Million U.S. Dollars),” Statista, 2017. https://bloom.bg/2lRPxsA

Episode 153

Scott Galloway Founder; Professor of Marketing, NYU Stern

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