Andrew is out with the winter sickness going around but Nick and Alicia are here and breaking down this week's news:
Party City Real Estate Auction:
Five Below and Dollar Tree grab most of Party City's vacant locations.
Off-price retailers like Burlington, Books-a-Million, and La-Z-Boy also jump in.
Hosts debate: Will Five Below expand into larger store formats?
Saks & Neiman Marcus Shake-Up:
Saks Global lays off 100 employees and consolidates headquarters.
Neiman Marcus closes its historic Dallas office, a major cultural shift.
Vendors must wait until July for unpaid invoices—industry frustration grows.
Nike x Skims Collaboration:
Kim Kardashian & Nike team up for a “collaborative sub-brand.”
Market loves it—Nike shares jumped 6.2%.
Hosts discuss: Does this move align with Nike’s long-term strategy?
Timestamps:
[00:00:08] Intro & winter blues chat
[00:10:15] Party City real estate moves
[00:28:50] Saks & Neiman’s restructuring drama
