In baseball we often see a batter “take a pitch.” In other words, before the ball is thrown the batter decides he’s not going to swing regardless of how good the pitch is. Sometimes this is a tactic to tire his competition–the pitcher–out. Sometimes it’s an attempt to draw a walk because that’s the best [...]
Posts Tagged ‘Gilt’
“Faux Clearance”: Do Outlet Store Customers Care?
Posted in Customer Growth Strategy, Fashion, Retail, tagged Bloomingdale's, Clearance, Coach, Flash sales, Gilt, Lord & Taylor, Neiman Marcus, Nike, Nordstrom, Outlet Stores, Ralph Lauren, Rue La La, Saks on May 27, 2010 | 4 Comments »
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 [...]