Barneys will likely keep thousands of dollars belonging to brides, shares todayโs Times. The defunct retailer will keeps the bridesโ registry credits if they donโt redeem them by this Thursday.
This is also bad for the brands that were sold via Barneys' registries. For example, let's imagine Barneys sells Waterford. If a bride registered for a Waterford product, and that item was gifted by a family member, Waterford would expect that item to be bought by ...
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November 8, 2019
November 8, 2019
From 2,000 stores to 182 storesโthatโs how much Sears, the storied retailer that also owns Kmart, has shrunk in just 5 years. Thatโs a reduction of 90%.
Remember when people said the retail apocalypse was over-rated, or over? With the currents affecting Nordstrom, Neimans, Barneys, and Macyโs, I believe that weโre still in the midst of the storm. And, even after these other retailers close, the remaining ones will have to spend $1.50 for every $1 they take in to compete against Amazon. So, will...
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What company in the tabletop industry has invested in a tech company? I don't know of one. I believe our industry should be doing what UPS does and investing in tech--and I'll explain why.
As today's WSJ shares, UPS has a venture capital arm and it has this because smart businesses know that most businesses are becoming more like: software businesses. Therefore, businesses have to โbuyโ that know-how by investing in a tech company. UPS knows that it doesn't have the internal tech know-how to...
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August 6, 2019
August 6, 2019
Remember when people said that customers wouldnโt buy luxury online? They were wrong as evidenced by Todayโs WSJ summarizing the decline of Barneys as a failure to navigate the rise of e-commerce. In addition to e-commerce competitors, high rent and high debt ($200m) played roles.
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December 28, 2007
December 28, 2007
Domino Magazine's Top Tableware Picks for 2007
When Domino Magazine announced its top table and flatware picks for 2007, I was excited to check out the websites for the selected brands. Since these brands are the 'top' picks, I thought the websites would be easy to use and smart. Sadly, most of these websites are not. These are my grades for each brand's website: