A Cool New Image for Old-Fashioned Debt

Will cutting-edge layaway plans be the salvation of the retail sector and the broader economy, or are they a disaster waiting to happen? The newest experiments in making it consumer payments easy is creative, but may not bring the long-term results that retailers hope to see. Sure, they are being done through a cutting-edge Swedish […]

Abercrombie Needs Customers, Cool or Not

Former Abercrombie CEO Mike Jeffries (yes, I said ‘former’, he stepped down today) said some pretty dumb and offensive things about who he wanted his clientele to be. If the company’s numbers were good nobody might have cared, but in this retail environment he rightly got beat up for them. As far as selling the […]