Competitors aren’t even waiting for Sports Authority to close its doors before trying to poach the chain’s customers. Here’s a coupon that arrived in reader Sandra’s mail last week, which manages to use the closing of Sports Authority as a draw without actually naming the retailer. [More]
circling vultures
Abercrombie & Fitch’s Hollister Poised To Profit From Bankruptcy Of Fellow Teen Retailers
By 5.31.16
While teen retailers like Aéropostale and PacSun are going down in flames, their rivals are hunched on the sidelines, waiting to pick their bankrupted bones clean. There’s still money to be made catering to teenagers, after all, and analysts say Abercrombie & Fitch could be the one making it. [More]
Verizon Tops List Of Potential Buyers For Yahoo’s Internet Business
By 12.3.15
While you may not have checked your old Yahoo Mail account since before the recession, the Web 1.0 relic continues to exist. And now that Yahoo’s board may be looking to sell off the portion of the business that most people associate with the company, a number of potential buyers are licking their chops at getting some piece of the meal. [More]
