While the retail clothing apocalypse continues, as shown by the recent J crew clear out, I think we should remember that these cut rate prices are not sustainable long term, and bad for the economy in general.
We can take advantage while it lasts, but the death of companies and consolidation of everything into Amazon will be bad in the long term.
J Crew is in very bad shape, as are a host of other brands and retailers (eg, Lord and Taylor). “Quality” clothing is becoming rarer and rarer, and we are in part to blame.
Submitted January 19, 2019 at 10:23AM by JB_JD http://bit.ly/2Cz2peg