Victoria’s Secret

Victoria’s Secret has a problem with the past and a problem with the future and that leaves the present in a muddle of controversy. Jeffrey Epstein is supposed to be history at Victoria’s Secret—and at its parent company, L Brands Inc., for that matter—but he’s that skeleton that keeps rattling around the closet to remind everyone…

Read More

Personalized Pricing

Personalized pricing is just one of the things brought about because of e-commerce. Personalized pricing — which is practiced elsewhere on the internet. Probably more prevalent, and more important to surviving in the current market, is dynamic pricing, which allows retailers to change prices in an instant based on data about their competitors, among other…

Read More

JCP hit the list of concerned loans, high risk of default

JCP denied speaking to advisers earlier this week with concern over the status of their loan and sales continuing to decline. Apparently they didn’t think anyone would notice they are floundering like the entire retail world is aware of it. J.C. Penney is among the latest additions to Fitch Rating’s “loans of concern” list, indicating…

Read More

Retailers are judging consumers by using a secret surveillance score

The next time you go to a website there is a chance that the company from which you are about to purchase a designer dress or a skincare product or a vacation package has an individual profile of you. It is not merely a history of your purchases, your sizing details, or your credit card…

Read More

Bed Bath and Beyond and Mining for Gold

Bed Bath and Beyond has gotten rid of some of its heavyweight salaries at the top of the food chain, including VP. managers, directors cutting professional staff by 7 percent and giving them a pre-tax savings of $30.7 million. Another casualty was their COO. He had been with the company since 1994. His basic salary…

Read More

Gap Inc. doing well and Starbucks

There is a lot of information about how badly a lot of the brick and mortar stores are doing and then there are those who are doing well. It will come as no surprise that customer service and knowing your customers and what they want can make all the difference in the world, like whether…

Read More

Retail pluses and minuses

Hair accessories are having their day in the sun. No question hair accessories are having a moment, probably inspired by tiaras (as seen in Netflix’s The Crown and other period dramas), not to mention royal weddings taking place in the present day. We’ve also seen them on the red carpet, from Rachel Weisz’s Grecian-inspired Cartier headband and Gemma…

Read More

More about Barneys

Barneys first store opened almost 100 years ago as a discount house for men’s clothing. In the 60’s it branched out and is presently high-end designer brands almost exclusively. They settled a racial suit out of court a few years ago, they carry only size 14 and under for women when 67 percent of women…

Read More

JCK 150th Anniversary

JCK Magazine is celebrating its 150th anniversary this year and to celebrate the occasion, they are speaking to various numbers of professionals in the industry on a variety of subjects. This week JCK interviewed Tom Chatham, chief executive officer of Chatham Created Gems & Diamonds. JCK: How long have you been in the jewelry industry, and…

Read More

Amazon Prime Days more lucrative than expected

Amazon’s Prime Day—the retailer’s annual two-day discount shopping event—was more lucrative than its most recent Black Friday and Cyber Monday events combined, reported the retailer. Prime Day 2019 took place July 15 and 16, and “was once again the largest shopping event” in Amazon’s history, the company revealed in a public statement. U.S. Prime members bought more than 175 million items. The…

Read More