Women’s Wear Daily

28 December 2014

Retailers pulled off a pretty good holiday season, despite an erratic eight weeks, markdown mania and margin uncertainty. Arnold Aronson, retail strategist at Kurt Salmon, told Women’s Wear Daily, “Multi-brand department and specialty stores have had to rely on maximizing their fashion accessories—handbags, shoes, jewelry, fragrances and home furnishings businesses—to keep their total comps at or above water level.” Aronson adds, “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, even in the face of low-single-digit comp-store sales.”

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