At one time, Gap had the retail clothing market sewn up. Now it struggles against sister brands Banana Republic and Old Navy. The article describes that branding is not about getting prospects to choose over competition; it is about getting prospects to see it as the only solution to their...
Monthly retail sales from May look OK ... not great, just OK. But can we trust those higher numbers, or do they reflect inflation, rather than better sales? Results from the mass retailers, such as Costco (same store sales up 9 percent), B.J.'s Wholesale Club (up 6.8...
With the economy tanking and people concerned about the environment, recycled goods are hot. While eBay and Craigslist corner the used-stuff market in cyberspace, Winmark Corp. of Minneapolis turns kids' castoff cribs, hockey skates, prom dresses, and half-size violins into half a billion dollars in cash at more than 850...
Tired of typical conference-room confabs? Try these creative meeting techniques used by companies like Yahoo!, Ritz Carlton, and Old Navy. Ritz-Carlton Meeting Technique:Start each shift with short stand-up meetings Pros:Quickly disseminates critical information Cons:Not long enough to go in-depth...
The Gap has faltered for several quarters, with slowing earnings growth and an increasingly obscure brand identity. Younger buyers flock to cooler competitors like Abercrombie and American Eagle, and Gap's Forth & Towne brand failed to win its target market of middle-aged women. Some key executives, including the company's vice...
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While I was writing this story, Steve & Barry's filed for reorganization. The Wall Street Journal predicted Steve & Barry's Chapter 11 filing yesterday, saying that rescue financing and takeover talks with Sears Holdings had come to nothing. The filing alludes to potential sale of assets, but says business continues...
