By Paul Pannone
An educated consumer ended up being the worst customer for Syms this week, as they filed for bankruptcy and are liquidating in the next few months. Both Syms and Filene’s basement are throwing in the towel as educated consumers decided they’re better served shopping elsewhere.
Consumers educated by Syms ultimately shopped and bought elsewhere, as the company that sold irregulars and seconds was beat at its own game.
The Avalon tuxedo is the hottest style for the 2012 season, according to growing sources that now includes wedding couples at bridal shows. From the gate prom age tuxedo users were expected to be drawn to the styling innovation that departs from traditional features. The addition of fashion forward weddings promises to make the Avalon the most sought after style in 2012.
We said goodbye to Len,”Lenny” Seidman, a cantankerous military codger that lived life, loved his family, protected his country and left an indelible mark on everyone he touched.
The wedding industry continues to flood with needless new businesses to service a shrinking number of weddings that are no longer spending lavishly. The industry is filled with Fairy Dust marketing sources selling educational services to unsuspecting newcomers that will not be able to launch successful, sustainable wedding businesses to service the declining market.
Larger retailers that already own captive audience traffic are setting up adjunct businesses to tap into the traffic, as shown by David’s Bridal move into photography.
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