Outlet stores and outlet malls are hot right now, with department stores and mall clothing chains rushing to start their own off-price outlets. Their goal isn’t just to sell outlet-grade merchandise to bargain-hunters, but to attract young shoppers who might be able to afford full-price merchandise at some time in the future. Now women’s clothing store New York & Company has announced that it will turn more of its regular stores into outlets. [More]
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New York & Company Warns Customers Of E-Mail List Breach
Several readers have forwarded us an email from New York & Company warning customers that their email system had been compromised. The company assures subscribers that “only” names and email addresses were accessed, adding that customers might receive spam email as result. [More]