it would put the troubled brand out of business, with plans to shutter its roughly 650 stores
Retail analysts say these brands have many of the same challenges facing department stores today. On Tuesday, Kohl’s and JCPenney reported first-quarter earnings that disappointed investors. “We certainly know the rules of engagement have changed,” Cohen said."When you have the same number of retailers competing in a mall space and now add in the internet, it’s retail collision.”
The influence of minimalism, best illustrated by the runaway popularity of Marie Kondo and her message of eliminating clutter, plays a role, as does the persistent trend of activewear and athleisure apparel. “‘Dress for success’ doesn’t exist anymore,” Cohen said. “You’re not building wardrobes today. You’re building memories.”
An old adage: Capitalism will crumble when workers can’t pay to buy stuff capitalists make!
This is true! Young people would rather shop thrift stores for clothes if it means they can afford a night out seeing a cool band and drinking high end bourbons served with flamed sparkly orange rinds.
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Racist ‘promposal’ and a troubling social media trend: ‘Bigotry is funny’The racist “promposal” that has rocked Palos Verdes High School is part of a troubling trend of racism masked as humor, one expert on hate says. So if you challenge political correctness you are racist? No critical thinking skills are welcome then? Thank goodness the LA Times is there to ensure no one challenges political correctness. Context is everything... Racial jokes can be funny i mean (ex. Richard Pryor, Eddie Murphy). So it really depends... Is it a joke or just an insult? And insult would be like Michael Richards rant.
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Hate content pledge is a landmark in how social networks will operate, ad group chair saysA new pledge to stop hateful content from appearing online will have a significant impact on how social networks operate, according to Maurice Levy, chair of one of the world's largest ad groups. The so-called 'Christchurch Call' aims to sign up countries and tech companies to a pledge to clamp down on hate content after shootings at two mosques in Christchurch, New Zealand, were broadcast live on Facebook in March. What is obtained by state condition is not useful it is not a ray of life but it is like dead good so it's full as the ghosts said more as the main ingredient where to go
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White House creates tool for people to report alleged social media biasThe White House on Wednesday launched a tool for people to report instances of perceived social media bias, signaling President Donald Trump's and top Republicans' plan to continue vilifying technology companies, which are currently seen as political villains by many in the conservative base. Nice little gestapo he's building, isn't it? In before everyone is shocked when there’s a bias to the bias reporting.
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Jim Cramer reveals his top social media stocksJim Cramer ranks the stocks of Twitter, Snap, Pinterest and Facebook. Going to sell everything on hist list Facebook, Twitter, Pinterest, Snap
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