Tuesday, November 22, 2016

Department Stores’ Big Sales Are Getting Smaller

Image result for department store designer departmentsAs department stores gear up for the holiday shopping frenzy that unofficially gets under way this week, behind the scenes they have been locked in a battle with some big-name suppliers over rampant discounting.

More brands, including Michael Kors Holdings Ltd., Coach Inc. and Levi Strauss & Co., want to be excluded from storewide promotions such as “Friends & Family” sales. Their goal is to gain control of their pricing, even if it means shrinking sales.. . . more

No comments: