Word: cheaping
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Since more shoppers are loading up on cheap chic every few weeks instead of purchasing a few higher-priced basics once every few months, they're less sentimental about quickly unloading them to help finance the next round. That means secondhand shops can sell for just $7 a month-old shirt that retailed for $21 at Charlotte Russe or Forever 21. By buying only what they know is already popular and paying sellers 35% to 50% of the price for which they plan to resell each item, the stores can virtually ensure a profit...
...clothes are almost disposable. Over the past nine years, Topshop has carved an enviable niche atop this sector in Britain by appealing to a broader demographic than its competitors, by getting its new designs quickly to market and--in a category where inexpensive too often equals cheap--by emphasizing quality. This combination of fashion and value has "changed the way we dress," says Lauretta Roberts, editor of Drapers, the British fashion-business bible. That mix has also made the retailer a hit not just with the masses but with celebrities and fashion bigwigs as well. No American fashion editor...
...sells in the Opening Ceremony boutique in New York City--it has not followed with any stand-alone stores before now. Until those locations are open, the Topshop brand will have a built-in test market in its chic department-store partners. Moss's 50-piece collection might seem cheap compared with most everything else Barneys has to offer--prices range from around $24 for a strappy tank top to $300 for a leather jacket--but these days, says Robert Burke, a retail consultant in New York, fashion retail's territorial lines are blurring. "Traditional categories no longer exist...
...large-scale agriculture altogether. England did it and is content to buy the bulk of its food from foreign producers. Less food security, perhaps, but also less need for guest workers. It's a difficult discussion in the U.S., a country that has become addicted to cheap labor. But one thing is certain in North Carolina: the immigration solution of the future isn't even working today...
...current plan was modeled too heavily on Loker’s old 2005 “Pub Nights,” which featured live music, cheap food and drink, and was a fun place to party. Those events are valuable, but they shouldn’t be the pub’s raison d’être. The Queen’s Head has simply become the backdrop for such nights, albeit more frequently than in 2005. It remains mostly empty the rest of the time because of this party-night image. It’s true that there...