David Simon

David Simon

David Simon is a director, Corporate Finance at Berkeley Research Group (BRG), a leading global strategic advisory and expert consulting firm.

He is an experienced executive advisor and has over twenty years of industry and consulting experience ranging from manufacturing and operations-intensive companies to retail and consumer products companies.

Management, Brick-and-Mortar

Retail 2019: The Thinning of the Herd Continues

July 2, 2019 at 11:26 am

After a good start to the 2018 holiday selling season, December sales fell flat. Year-over-year (YOY) sales improved just 1.1 percent from December 2017, and overall holiday sales finished just 2.6 percent above 2017. Retailers felt the impact to their gross margin line and now face potential inventory issues due to lower-than-expected December sales. Thus…