Mike Ashley, the football loving, fireplace-vomiting, retailing genius can credibly claim to be the UK's answer to Jeff Bezos. The share price of his company, Sports Direct, has gone in the wrong direction in recent years, but he is one of very few large-scale entrepreneurs committed to experiments in selling objects from places customers can visit.Meanwhile competitors continue to die or, in the case of department store chain Debenhams, do a creditable impersonation of a person sweating and swaying as they explain how they are perfectly fine and have no need of a doctor. Which brings us to Thursday's masterpiece of pointed business communication:EXCLUSIVE: here’s the letter Mike Ashley sent Debenhams boss pic.twitter.com/a0B7kxFqhY— Ashley Armstrong (@AArmstrong_says) December 13, 2018It
FT Alphaville considers the following as important:
This could be interesting, too:
Tyler Cowen writes The economic ecology of Jews as a rural service minority
Tyler Cowen writes What do concert audiences really want?
Tyler Cowen writes Ross Douthat on some reasons for the electoral college
Global Economic Intersection Analysis Blog Feed writes Inflation And Income Distribution: A Reply To The Vulgar Keynesian Policy Enthusiasts
Mike Ashley, the football loving, fireplace-