• Consumer/Retail, Terrorism

    The Country Is Under Attack

    As those of you who read the increasingly relevant A2 this morning already know, economists are now losing more sleep over subprime than terrorism. Yes, they believe that the threat posed to the United States by mortgage defaults and heavy debt loads is bigger than that of us being attacked by Canada, which I’ve long […]

    / Aug 27, 2007 at 2:05 PM
  • Advertisements, Consumer/Retail

    The Reality Gap

    Faced with a case of recurring ad-failure amidst tanking same-store sales, Gap is taking the crazy cool notion of shunning TV in a revolutionary new print-only campaign. The Laird & Partners campaign is revolutionary because it features relatively obscure personalities wearing Gap clothing. Personalities as obscure as John Mayer, Lucy Liu, Forest Whitaker and Selma […]

    / Aug 3, 2007 at 10:59 AM
  • Consumer/Retail, Private Equity

    Dubai wielding Istithmars against US

    Finally, angry consumers are given a reason why the designer burqas sold out so quickly at the last Barneys sale (yes, the D & G spring line is maim-resistant, primarily because it’s acid-washed already). After months of negotiation, the Jones Apparel Group is close to inking a deal that would sell Barneys to the Dubai […]

    / Jun 13, 2007 at 9:14 AM
  • Consumer/Retail

    Unseasonably seasonable May drags down sales at Macy’s

    Covered in Opening Bell, the unseasonably seasonable May this year has retailers and companies in any other struggling industry scrambling to find excuses for lagging performance. Macy’s, with same store sales off 3.3% from last year and 1.9% off analyst estimates, hedged its bet on an unseasonable May by acquiring a crappy department store chain […]

    / Jun 8, 2007 at 10:50 AM
  • Consumer/Retail, Sony

    If you drop the price of a gadget no one is buying, does it make a sound?

    The Sony Blu-ray BDP-S300 player, already flying off the shelves at the speed of irrelevance, is now $100 cheaper, representing one of the fastest price declines in the consumer electronics industry, the Wall Street Journal reports. Whereas the old price of $599 certainly Blu, it’s unclear whether consumers will exactly jump on the less costly […]

    / Jun 4, 2007 at 10:24 AM
  • Consumer/Retail

    Large Gap between expectations and retailer’s earnings

    Did you avoid rushing off to Gap last month to buy a pair of boyfriend trousers because you filled your (March) Easter basket with them or because it was chilly? That’s what Gap is scrambling to say after releasing April numbers well below expectations today. Same-store sales fell dramatically (16%) and total revenue took a […]

    / May 10, 2007 at 10:16 AM

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