One of the hottest sectors in retail is the "off-price" or outlet segment. Established players like TJX, Ross and Nordstrom Rack continue to open stores at a solid clip while also expanding their e-commerce capabilities. Neiman Marcus, Saks and Macy's have identified their outlet store strategy as a growth platform. Scores of fashion designers and … Continue reading The outlet store long con
One of the hottest retail segments right now is the outlet or off-price market. Nordstrom, Saks and Neiman Marcus are opening more "clearance" stores than full-line stores. Bloomingdale's and Lord & Taylor have recently announced plans to open their own off-price formats. Hundreds of manufacturers' outlet stores from Ralph Lauren to Coach to Nike can … Continue reading “Faux Clearance”: Do Outlet Store Customers Care?