The Greatest Depression = Bigger, Better Pre-Holiday Sales Starting Now

by |
11/07/2008 6:15 PM |

Via the Times:

Retailers that include American Eagle, Ann Taylor, Chico’s, Soma, Gap, Victoria’s Secret, Bath & Body Works, Talbots
and J. Jill have offered discounts on their entire merchandise lines or
are letting shoppers buy one item and take 50 percent off a second, she
said.

"What we’re hearing anecdotally from different retailers
is that when they’re putting something on sale at 30 or 40 percent
discount it is no longer having an effect on consumers," Ms.
Greenberger said. "They’re having to cut prices 50 to 60 percent to get
consumers interested."


Via Racked:

In any case, if you’re looking for deeper discounts, you’ll do better at the Brooklyn Industries sample sale currently taking place in the basement of their pop-up store on Broadway between 11th and 12th Streets. Everything we saw there was under $50, and much of it cost less than $19.
At those prices, it’s perhaps not surprising that some of it was
hideous, but we found a cute sweater for $9, and there were plenty of
basic, solid sweater-dresses. (Not so much men’s stuff, though.)

Via The Cut:

Items at the Anna Sui sample sale start at $15; the rest of the stock is 70–80 percent off retail prices. Through 11/7. 250 W. 39th St., nr. Seventh Ave., Eighteenth fl.; Mon.–Fri. (8–9, 11:30–2:30, 4:30–7).

Via my Gmail: