Fedex, like many businesses sees Amazon as a threat (read more here). Last week Fedex made its boldest and most dramatic move yet — effectively cutting off all business with the sprawling e-commerce giant. While Fedex embraced Amazon in the past, the two have since grown apart ever since Amazon decided to build its own shipping and logistics business internally.

Chewy went public on Friday, June 14th raising $1 billion in one of the most anticipated eCommerce IPO of late. With $1 billion in new cash in the bank the Florida based subscription eCommerce site seems to be on a collision course with Amazon that will likely continue to shape the US pet retail industry.

Investors like investing in investments that make money. If only someone would have told Uber. It’s not everyday you go public, most companies will never reach that milestone and even fewer people will get to ring that cool bell at the NYSE. For Uber I’m sure it’s a day they’d like to forget.

With every move it becomes more obvious that PetSmart is the patsy. On April 29th Chewy filed documents for an initial public offering. The move shouldn’t come as a surprise considering PetSmart’s owner, private equity firm BC Partners had begun shifting assets in back in 2018.

What’s better than two day shipping? Not needing to place the order to begin with. Change waits for no man and that goes double for businesses.

Sears is officially dead — kind of, but not really. This version of Sears is dead much like our previous iteration of General Motors is dead, only messier.

A year ago I wrote about the demise of Sears and how it’s history relates to Amazon. Both companies were unconventional innovators that terrified small businesses and generated stunning returns for their investors. After over 100 years Sears is now rumored to be prepping for bankruptcy.

You never know how much you’ll miss something until it’s gone. We’ve all been burned before and in the world of bankruptcy financing there may be no greater pleasure than profiting from the demise of your borrower.

Toys”R”Us, the once great retailer is getting ready to liquidate it’s already bankrupt U.S. operations. Here’s a quick look into the peculiar story of how they got here.

Businesses are designed to work. A customer walks into your store, selects a few products, and completes their purchase. As a store owner you might learn their name, give them free products, or learn about their personal life.

How do you destroy a company generating more than $7 billion in revenue? Easy, bury it under a mountain of debt. Private equity firms often get a bad rep and for good reason. Their recent track record when it comes to high profile acquisitions and performance has been less than stellar. Sports Authority went out of business in 2016 and Toys”R”Us followed it shortly after. Both companies were bought out and saddled with debt by PE firms at a time when they needed free cash flow to adapt. Now it seems like PetSmart may be one of the next giants to fall.