3 Reasons Why Prime Day Every Month Would Checkmate The Retail Industry for The Next Century

CHRIS WALTON | July 14, 2019

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Amazon Prime Day starts Monday, July 16th, and, while it seems innocuous on the surface and possibly even a little made up, Prime Day could be to Amazon CEO Jeff Bezos what the nuclear bomb was to Harry S. Truman. It could be game over, checkmate, or, as Seinfeld used to call it, the Death Blow to many a retailer. In his hands, Bezos, by way of Prime Day, holds the ultimate power weapon that, if unleashed, could render every other retailer a shell of its former self. Should Amazon ever decide to unleash Prime Day to its fullest potential by programming must-see-TV Prime Day events on the 1st and the 15th of every month, on not just big screen TVs and fancy electronics, but on non-discretionary items as well, Amazon could forever change the course of retail history in a manner that Walmart, Target, Costco, et al. would be powerless to stop.

Spotlight

Gordmans

Founded in 1915, the Omaha-based apparel and home fashions retailer operates 106 stores and over 3.8 million square feet in 22 states. Gordmans features name brand apparel, accessories, footwear, home decor, gifts, designer fragrances, furniture, and more at everyday savings of up to 60 percent off department and specialty store prices. While the company operates within the value segment of the industry, Gordmans differentiates itself by offering department and specialty store name brands, fashions and styles in a more upscale shopping environment. Gordmans was sold to Sun Capital Partners, one of the largest private equity firms in the country, in September 2008. A successful initial public offering of common stock for Gordmans occurred in 2010, as well as a secondary public offering in 2012.

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Spotlight

Gordmans

Founded in 1915, the Omaha-based apparel and home fashions retailer operates 106 stores and over 3.8 million square feet in 22 states. Gordmans features name brand apparel, accessories, footwear, home decor, gifts, designer fragrances, furniture, and more at everyday savings of up to 60 percent off department and specialty store prices. While the company operates within the value segment of the industry, Gordmans differentiates itself by offering department and specialty store name brands, fashions and styles in a more upscale shopping environment. Gordmans was sold to Sun Capital Partners, one of the largest private equity firms in the country, in September 2008. A successful initial public offering of common stock for Gordmans occurred in 2010, as well as a secondary public offering in 2012.

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