restoration hardware
The
Wall Street Journal says that big discounts and
hilarious bailout-themed marketing has failed impress consumers, and retailers are expecting sales to worsen before they get better. Restoration Hardware launched a "bailout" themed promotion offering $100 off purchases of $400 or more at the home furnishings chain, while Steve Madden posted signs depicting "a declining stock chart and implored shoppers to "Sell Stocks, Buy Shoes."
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made in china
If what this alleged Restoration Hardware employee says is true, the home furnishings chain may have just sacrificed its last remaining claim to distinction—high quality, American-made furniture—in an effort to increase profits. Supposedly, shoppers will see the effect of outsourced furniture through lower prices. RH furniture was always known to be fairly good stuff, if not cheap—can we now expect cheap but not good?
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consumer alert
Everyone knows not to leave the house with a candle burning. Most people also assume that a candleholder will not melt and release a noxious cloud and cause $17,000+ in damage, especially one sold by such a fancy pants place like Restoration Hardware.
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greetings
We have a question: how exactly do you feel about the obsequious Frank Nelson type who advances like a praying mantis upon you when you walk into a store, rubbing his fingers together, rolling his eyes to heaven and bellowing "Yeeeeeeeeesssssssssss?"
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Consumerist
Restoration Hardware has rejected a takeover bid by Sears and will be bought out by a private equity firm, Catterton Partners.
The NYT DealBook Blog says:
candles
