DA Davidson's Baker: Dept Stores in Decline

The video discusses the challenges faced by Macy's, highlighting its structural decline and market share loss. It contrasts successful retail strategies of companies like Walmart, Amazon, and Costco, emphasizing their strong Omni channel presence. The analysis of Costco and BJ's reveals insights into their market positions and valuations. Ulta's competitive landscape is explored, focusing on its recovery from challenges posed by Sephora and Amazon.

What strategies have successful companies like Walmart and Amazon implemented to gain market share?

What challenges did Ulta face in 2023 and how are they overcoming them?