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]
With the help of seven other states and the District of Columbia, New York is expanding the probe into on-call scheduling in the retail world, sending letters to 15 more retailers asking them about their use of the practice. [More]
As we suspected earlier this week, ’90s mall staple Pacific Sunwear — known as PacSun to all the cool kids — has announced it’ll be filing for Chapter 11. Don’t start your teary farewell speech just yet — the company has a restructuring plan already in place to avoid liquidating its inventory, and will keep stores running throughout the process. [More]
The bankruptcy rumor mill has been turning yet again, with a new report in the wind that says Pacific Sunwear — commonly known as PacSun — is preparing a Chapter 11 filing. [More]
Retailer PacSun found itself at the center of a Memorial Day controversy on Monday, after a customer snapped a photo of a mannequin wearing a T-shirt featuring an upside-down American flag on the front. The ensuing backlash on social media has led to the chain apologizing, and removing the shirt from its shelves both in physical stores and online.
If you see a product in a store that you think is indecent or should otherwise not be on sale to the public, what’s your reaction? Maybe you complain to the store manager, or take your issue to the local media. If you feel it’s so bad that it violates the law, you might contact the proper authorities. But do you spend quite a bit of cash to rid the store of the items in question? [More]