Jeff Green Partners Archives:
February 2009
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26 February 2009
Fortunoff Begins Liquidation
The final nail is in the coffin for Fortunoff. The sale will continue until all merchandise is liquidated. So, what was Fortunoff’s downfall? I believe it was an ill-defined brand. Being known as they were for such varied merchandise as jewelry, home furnishings and outdoor furniture, Fortunoff’s model was one of a specialty department store, [...]
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4 February 2009
Big Box Vacancies
Big box vacancies are increasing exponentially. The following article from the St. Louis Post Dispatch does a great job of framing the issue and suggesting some alternative (and VERY creative) reuses.
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2 February 2009
Macy’s Huge Lay Off
I don’t get it. How can Macy’s cut 7,000 employees by only closing 11 stores. It doesn’t make sense. I am on watch for a second round of Macy’s store closings.
