I was reading last night that the Lands’ End CEO was stepping down. I see this as a huge disappointment in the often confusing world of retail, mainly because the CEO, Frederica Marichionni, was charged with turning around the Lands’ End brand after its separation from Sears Holding. It was noted in the article that she was forced out for making too many changes to quickly, and losses at the company were mounting. (She was in the position for less than 2 years.) Everyone in retail knows the numbers are down, and research will show that consumers are more readily spending on experiences than on hard or soft goods. Also, when these consumers do spend on soft goods, they can quite easily and cheaply…
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