29 December 2014

Kurt Salmon’s Arnold Aronson tells Women’s Wear Daily that most apparel retailers have little to celebrate this holiday season. “There has been a universal shortage of compelling, knock-out fashion trends,” he said in a recent interview. The net result? The income-strapped middle class has little reason to shop these days. “But those stores who invested early and wisely in successfully developing their omnichannel capabilities will come out better than the pack on the net profit line.”

View original article