Relevant:
- Ralph Lauren Closes 5th Ave Flagship Store; Still Paying $70K a Day in Rent
- Why GNC Is Closing 200 Stores as Part of Its Turnaround
- Sales Plummet at Apple's 5th Ave NYC Flagship (NOT IMMUNE FROM RETAIL R.E.-POCALYPSE!!)
- Wal-Mart to close 269 stores, including 154 in the U.S.
- Sears To Close Another 28 Kmart Stores
2017-04-04 — usatoday.com
Upscale fashion retailer Ralph Lauren said Tuesday that it would cut jobs and shutter its Polo store on Fifth Avenue in New York City as it seeks cost savings amid a sputtering turnaround effort.
...
"Other headaches included bloated inventory, frequent mark-downs, too much business in too many outlet stores, and a new generation of customers who act, think, communicate and dress differently than the brand's previous generations," consumer product marketing consultant Jane Singer wrote in February for a retail analysis for The Robin Robert.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.