Jeff Green's Blog
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Is The Other Shoe About to Drop for Specialty Retail?
It has been awhile since we have heard much about any smaller specialty retail closures. Sure, we have heard a lot about box closures (Gottschalks, Mervyn’s, Circuit City and Linens ‘N Things), but all has been quiet on the specialty retail front for some time. Until yesterday.
Eddie Bauer declared Chapter 11 and Ruehl has will be liquidating completely as per this article in today Women’s Wear Daily (http://www.wwd.com/business-news/eddie-bauer-files-chapter-11-2173510?src=nl/mornReport/20090618). Neither of these developments is surprising per se, though I believe it portends the beginning of other similar announcements from specialty retailers…will the Martin & Osa concept really survive? I can’t help but postulate that this is the beginning of a rash of specialty store closures.
posted 18 June 2009 @ 9:18 by admin » 0 Comments
Previously Featured
The Homogenization of the Department Store Industry?
Is the behemoth known as Macy’s going to homogenize the traditional department store industry, offering the consumer few shopping alternatives going forward? It appears so. With the recent announcement of the liquidation of Gottschalks, one wonders whether the regional department store industry can survive. The Bon Ton, with 280 stores operating under the Bon-Ton, Bergner’s, [...]
13 April 2009 » read » 0 Comments
Secondary Feature
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, [...]