Bump: Some Tiers’ Growth Plans in Direct Conflict

Dear Client:For his last monthly analysis letter of the year, retailer whisperer Bump Williams recounted some twists and turns the industry experienced in 2015. After running through an innumerable amount of deals in all three tiers, Bump said he was "amazed" that the industry remained relatively healthy, given the "disconnect between the growth strategies across each segment of the three-tier system!"Bump splits the industry into "2 unique camps right now." On one hand we have "the hungry, passionate, and unentitled,