Will Barnes & Noble's new CEO help avoid it from being added to the list of retailers that have been mowed down by Amazon's seemingly unstoppable supremacy? If you follow the sports analogy that consistency in the leadership structure from ownership (i.e: public versus private, being bought or buying) to the coaching staff (management) to your players (employees) lends itself to success and given that B&N now finds itself on it's 5th CEO in four years it doesn't look good.
https://www.wsj.com/articles/barnes-noble-names-demos-parneros-as-chief-executive-1493265601
Is this the end of eCommerce and the revival of brick & mortar? With Alibaba’s $2.88 billion purchase of a stake in a top Walmart competitor in the Chinese market one would not be faulted for answering that question affirmatively but this is probably moreso that latest stage of the Imperial Army slowly mowing down the last of the Rebels. Sure companies like Amazon and eBay are never going to forsake their digital platforms but they have wrecked enough carnage in the brick & mortar world to now have a wide enough birth to start becoming omni-channel players. What does this mean for the surviving brick & mortar companies? Be afraid. Be very afraid. https://finance.yahoo.com/news/alibaba-spending-2-9-billion-111959145.html
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