new brands

Mike Mozart

Target Still Hopeful For Turnaround As Its Shoppers Spend Less At Store

Americans are still shopping at Target, but they aren’t buying as much as they did before. That’s a huge problem for the retailer, which claims to have some tricks up its sleeve to turn things around. [More]

(Michael Daddino)

J. Crew Will Launch Its Own Old Navy-ish Discount Brand

About twenty years ago, Gap Inc. started an interesting experiment: they opened some outlet-ish stores that sold clothes that might not be out of place in a Gap store, but were lower quality and at lower price points. The brand that I first encountered in a Gap outlet store in 1994 is now very familiar to consumers: Old Navy actually outsells its sibling Gap Inc. brands. [More]