57-year-old discount retailer closes all stores, no bankruptcy

57-year-old discount retailer closes all stores, no bankruptcy

Balancing affordable and chic has always been a challenge when it comes to fashion. Target has, at times, offered clothing that delivered both fashion appeal and affordability. Fast fashion chains have done this too, but often sacrificed quality and durability for price. Longtime Vogue Editor Anna Wintour understands that clothes have to sell. “Fashion is … Read more

More savings and less income _ the early trends that defined shopping for this holiday

More savings and less income _ the early trends that defined shopping for this holiday

NEW YORK (AP) — The shopping spree leading up to Christmas is over and, like every year, another one has begun as millions of people hunt for post-holiday deals and line up to return gifts that didn’t fit, or didn’t quite hit the mark. Holiday spending using cash or cards through Sunday surpassed last year’s … Read more

Analysis-Shein’s first brick-and-mortar store highlights the existential pain of stores

Analysis-Shein’s first brick-and-mortar store highlights the existential pain of stores

By Alessandro Parodi, Helen Reid and Mimosa Spencer PARIS (Reuters) – Shein’s move to the flagship BHV in Paris has added political heat to the woes of department stores, which face an existential threat from a shift of shoppers to online retailers offering ultra-fast fashion. The Chinese budget retailer opened its first brick-and-mortar store in … Read more