Article

2017-06-11 Economy

Ann Taylor, Dress Barn, Loft, Lane Bryant: Store closures on the way

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Posted by Fred 2017-06-11 00:00|| || Front Page|| [1 views ] Top

#1 I see markets, flea markets. I see containers of Buri furniture and nested baskets everywhere. Cinnamon candles and Ol 'Mil.

Posted by Shipman 2017-06-11 03:15|| 2017-06-11 03:15|| Front Page Top

#2 Apparently the Fourth Turning applies to retail also.

Posted by no mo uro 2017-06-11 05:55|| 2017-06-11 05:55|| Front Page Top

#3 I'm not buying shoes online. I have to try them on. I did buy a Coonan and a Super Vel tee shirt online recently...

Posted by M. Murcek 2017-06-11 08:33|| 2017-06-11 08:33|| Front Page Top

#4 Ascena Retail Group (ASNA) -- which owns the Ann Taylor, Dress Barn, Loft, Lane Bryant, Justice, Maurices and Catherines stores -- plans to shutter between 250 and 650 locations over the next two years

Didn't get a hint from the fall of General Motors making basically the same cars under different names? You can only push your product so far, and having redundant management and dealerships/store fronts only compounds the cost of overhead to the entire process. Unlike government, allowing the 'suits' to build little empires eventually starts to hammer the bottom line.

Posted by Procopius2k 2017-06-11 08:45|| 2017-06-11 08:45|| Front Page Top

#5 My wife buys shoes on line with Amazon prime and just returns those that won't cut it.

She's a big girl and stores don't usually carry her size so.........

This works pretty well with much less hassle.

Posted by AlanC 2017-06-11 08:48|| 2017-06-11 08:48|| Front Page Top

#6 Shoes are one of the things I buy online. Outside of work, I have been wearing Teva sandals for ever, and you get to choose from the full range online. Whereas retail outlets only have a small selection.

Posted by phil_b 2017-06-11 18:26|| 2017-06-11 18:26|| Front Page Top

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