Outlets are a growing, lucrative, and somewhat deceptive place for retailers to hawk an entirely new line of lower-quality goods. Do consumers know what they’re buying?
Japan’s Fast Retailing talks a big game, but Uniqlo has been struggling to make a splash in America since 2005, and time is running out to get to its big goal.
The company disclosed the statistic in its annual filing on Monday. Retailers have long been debating the impact of social media on sales, and this would indicate it matters.
Hukkster, the maker of a browser tool that alerts shoppers when items they want go on sale, just raised a fresh round of capital, BuzzFeed has learned. It’s helping retailers find their way into inboxes.
The Wall Street Journal says the Japanese company approached private-equity-owned J.Crew about a potential purchase this week, citing a person familiar with the matter. Updated with Fast Retailing’s U.S. ambitions.
Right after J.Crew CEO Mickey Drexler made a cameo on Breaking Bad in August. Not a bad side gig.
As a result of a bond deal last week that triggered a rollover clause in certain stock options, these J.Crew executives just made between $103,487 and $1.9 million.
J.Crew doesn’t traditionally air national television spots, but made an exception for a new commercial with MasterCard. It’s urging customers to use a MasterPass platform for online checkouts.
That’s according to long-suffering shareholder and hedge fund manager Whitney Tilson, who told BuzzFeed the teen retailer’s turnaround under its new CEO — recruited from J.Crew — will be different from the Ron Johnson–J.C. Penney situation that burned him last year.
Your eyes won’t even be able to handle all of this visual stimulation.
The retailer, which books $2.2 billion in sales annually, presented looks from its Spring 2014 collection at New York Fashion Week today. Only one pair of glasses (excluding sunglasses) spotted on the ladies.
Whitney Tilson, the founder and manager of Kase Capital, peppered Delia’s management with questions about the teen retailer’s turnaround today. Tilson was looking for reassurance that Delia’s new CEO will bring some of the magic she worked on J. Crew to Delia’s.
Show off your nearsightedness in style.
Turns out, if you fuss enough and in just the right way, sometimes you can return gross, old stuff stores aren’t technically supposed to accept back. Anonymous associates from shops around New York City share stories of the craziest merchandise return attempts they’ve ever dealt with.