This picture can only be described as “too damn fabulous”. If such a thing exists…
cfda:
Andre Leon Talley and Naomi Campbell at the 2008 CFDA Fashion Awards.
If they don’t do markdowns how will they purge old merchandise? And you can’t force discount shoppers into a new pricing strategy cold turkey like that.
J.C. Penney shares dropped 20 percent on Wednesday, the biggest decline ever for the retailer. The drop came after the company announced that store sales fell 18.9 percent in the first quarter. Earlier this year, J.C. Penney rolled out a new logo, marketing campaign, and pricing strategy, getting rid of coupons and markdowns in favor of consistently lower prices. So far, the retailer’s marketing doesn’t seem to be conveying its message effectively.
“It is not doing the hard work we need it to do right now,” said CEO Ron Johnson.
Well, here’s hoping…
(Source: ladylafashionista)
I didn’t realize how much I loved flamingos until I saw these pictures!
LOS ANGELES ZOO ANIMAL Photos @LAZOO by @Kodilane