In a sign of the sad state of retail these days, a company that delivered clothing to Forever 21’s stores is canceling its contract with the chain, saying business has slowed down to the point where it just isn’t profitable anymore. [More]
clothing retailers
Clothing Retailers Lost $185 Million In November Because The Weather Is Too Nice
As the weather continues to be great in much of the country, the situation is getting worse for retailers. Now we can put some numbers on that: a firm that combines research on weather and retail reports that clothing stores lost $185 million just in November of this year. [More]
Caché To Liquidate, Close All Remaining Stores
If you have a gift card sitting around for women’s clothing retailer Caché, it’s time to dig it out of the depths of your purse and use it. The company wasn’t able to find a buyer to keep some version of its business alive into the future, and going-out-of-business sales began over the weekend. [More]