As part of Sears’ exciting new plan of ditching any businesses that consumers actually like, the company announced today that it will be spinning off Lands’ End. The catalog company, which sells decent-quality clothing for middle-aged people, has been part of Sears since 2001. Instead of selling off the business, Sears plans to spin it off as its own entity, as it did with Sears Outlet and Hometown stores last year.
The twelve years that Lands’ End and Sears have been together have been huge years of change in retail and for Sears.
Introducing the new Xbox One Special Paper Edition… only $750 on eBay! It’s a truism as old as time: Wherever there are people willing to pay a ton of money for a new video game console, there will be scammers willing to take that money and leave them empty-handed. Well, not technically empty-handed in this case, as the customer did get a photo of an Xbox One for his $750.
“I’ve had to make a joke out of it because I was that angry,” says the 19-year-old from Nottingham, UK, who paid £450 ($749) to a seller on eBay.
You might recall the sheer pants debacle from last year when Lululemon customers were finding that when they bent over in their pricy pants, anyone looking could see right through the fabric to their private bits. But Lululemon says that a securities fraud lawsuit makes it seem like the company knew about that defect and just hoped no one would notice, which is not true, according to the company.
Lululemon’s Chief Executive Christine Day wrote in a filing this week that the company didn’t attempt to cover anything up (well, yeah, that was the pants’ problem) and never intended to sell hundreds of thousands of the sheer pants with consumers none the wiser, reports Reuters.
She says the company “disclosed in real time” that it was trying to recall and fix the issue with pants that had luon fabric, as soon as reports started surfacing that the pants were showing what they shouldn’t.
Shareholders, however, have accused the company of trying to cover up the defects, as well as hiding plans to replace Day.
Ah, 'tis the season for merry making, office parties, stressful family interactions and too many trips to the buffet. Unlike any other time of year, the holidays possess the ability to take level headed, health-conscious folks and turn them into binge drinking, pigs-in-a-blanket stuffing zombies.
On a Sunday afternoon in Letty?s dining room, a wheelchair rolls past a high chair. The silver-haired, decaf-drinking church crowd commands a center table; while the bleary-eyed, ripped-jeans-and-tattooed set nurses…