Marshal Cohen
Marshal Cohen
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It's not about going to the mall environment where you're fighting crowds. This is for people who shop for pleasure and treat it as a leisure activity. They want to have a relationship with the brand, be treated like royalty.
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The entertainment industry is recognizing that there are other avenues they can pursue to continue to expand the brand of their properties.
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That's what they thrive on. They thrive on turning a nonbeliever into a believer.
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Denim will continue to be the staple item found in everyone's shopping bags. With prices for electronics declining, consumers will get to spend a little more on apparel this year.
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Women updated their wardrobes and showed a propensity towards style and comfort. Accessories provided a great way for women to update their look. Women also pampered themselves with cozy pajamas and robes and other self-care products that went beyond apparel.
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Women updated their wardrobes and showed a propensity toward style and comfort.
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Until they're able to prove that consumers are going to respond to the changes, the Street is very nervous. It's a very big undertaking to convince the country that a national Macy's is better than regional department stores.