A
new brand of super shoppers use coupons and other discounts to get products for absurdly low prices. The Web has turned this group from a series of independent operators into cohesive groups, frustrating retailers.
posted by reenum
on Dec 3, 2010 -
126 comments
Two articles about successful clothes retailers -
Uniqlo and
Abercrombie & Fitch - that are both full of interesting tidbits ("Uniqlo is a company that prescribes, records, and analyzes every activity undertaken by every employee, from folding technique to the way advisers return charge cards to customers. Japanese style, with two hands and full eye contact").
In addition, the two articles have a lot to say about branding and what companies place importance on - with A&F coming across as a typical fashion retailer, aggressively selling and marketing a very specific look, and Uniqlo seeming to be doing something quite different and contrary to received wisdom.
[more inside]
posted by Sifter
on May 15, 2010 -
44 comments
There's been much talk about the Supreme's decisions on
desegregation and
free speech, but another ruling with broad consumer impact has gone relatively unnoticed. In a
5-4 decision [PDF], the U.S. Supreme Court
struck down a 96-year-old ban on minimum pricing agreements between manufacturers and retailers. Dissenting opinion believes that this ruling will hurt consumers, raise prices and keep new retailers out of the marketplace. The 1911 ruling that was overturned was
Dr. Miles Medical Co. vs. John D. Park & Sons which decided that it is always illegal for a supplier to dictate minimum prices to a retailer.
posted by dejah420
on Jun 29, 2007 -
47 comments
Happy Thanksgiving or Is It? In
1939, Franklin Delano Roosevelt responed to pressure from the National Retail Dry Goods Association to move the official date of Thanksgiving back one week to the next-to-last Thursday of the month. FDR hoped that this would enliven the economy by adding one week to the Christmas shopping season, but he received considerable
political flak for tampering with what many viewed as a sacred religious holiday. (Thanksgiving is considered sacred even though it only became a national holiday due to lobbying by
the editor of a 19th century woman's magazine.) New Deal-era Republicans were especially bothered by the calendar change and one essayist at the
American Enterprise Institute still seems to carry a grudge. Congress later resolved the issue by passing a resolution in
1941 that designated Thanksgiving as the fourth Thursday of November.
posted by jonp72
on Nov 26, 2002 -
11 comments