Monday, August 28, 2017

Perfumania is Filing for Bankruptcy, Closing Another 64 Stores

Discount perfume chain, Perfumania, filed for Chapter 11 bankruptcy protection on Saturday, August 26, citing declining mall traffic as the reason for its financial woes. The company plans to close 64 stores as part of its restructuring strategy, which is in addition to the 103 stores it announced were closing in 2015. The final result... 

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Monday, August 21, 2017

HTC Vive Gets $200 Price Cut, Now $599

htc vive price cut

Big news for cash-strapped gamers: the HTC Vive is taking a permanent $200 price cut, bringing its retail price down to $599 from $799. The move is meant to make VR more accessible to the average consumer, according to Vive US general manager Dan O’Brien. “We want to really significantly boost VR adoption now across the... 

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ModCloth and Bonobos Will Be Available Exclusively on Jet

modcloth walmart bonobos jet

After all the hubbub about Walmart purchasing ModCloth, it appears the department store retailer will only be releasing its newly acquired properties on Jet. Both ModCloth and Bonobos will be distributed on Walmart‘s e-commerce darling, a decision based on appeasing customers as much as it is on financial viability for the brands. With millennials fleeing... 

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