Reed Hastings, CEO of Netflix, sent me a nice apology letter this morning. Here’s some of it: I messed up. I owe you an explanation. It is clear from the feedback over the past two months that many members felt we lacked respect and humility in the way we announced the separation of DVD and [...]
Entries Tagged as 'retail'
Netflix Apology Letter and Qwikster DVD Spinoff
September 19th, 2011 · No Comments · breaking news, fail, retail
Tags:epic fail·lol·social media
How Goes The Borders Liquidation?
April 10th, 2011 · 7 Comments · breaking news, retail
“95% off” is the new “going rogue.” Borders, as part of its bankruptcy filing, announced it was closing numerous stores and began the liquidation process in mid-February. With most of those sales coming to a close and the prices thus reaching rock bottom, we thought you might like to know what products you can still [...]
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Recovery: BASF Sees It In Your Face
April 16th, 2010 · 2 Comments · retail
Tiffany killed it last month, LVMH killed it this week and now BASF thinks the cosmetics market is poised for a recovery (you know we wonder if this is on the strength of Pam Anderson and Heidi Montag alone): BASF SE, a possible bidder for moisturizer-ingredients maker Cognis GmbH, said there are signs that demand [...]
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Anti-Shopping Blue Laws Likely To Die In A Fire
March 27th, 2010 · 5 Comments · retail
For most of us, “blue laws” are those antiquated things that let us know what counties to avoid stopping over in on a weekend road trip, but if you live in Bergen County, New Jersey, you’re probably used to the malls not being open on Sunday. Yeah, in most of Bergen you can get some [...]
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$ANF: In Japan, The Shirtless Guy Still Sells
February 16th, 2010 · 2 Comments · retail
Abercrombie and Fitch, considered by some a bellwether of the ‘massclusive’ market because of its various refusals to discount during the recession and other flailing efforts to stay an aspirational brand for high-school and college kids getting a nascent grasp on class warfare, reported widespread fail in its US stores: Sales at stores open at [...]
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