Re: Blackbird pricing, from another interview they just posted:Many "other retailers" failed and closed up shop.
Quote:Retailer Files: What's the hardest part of the retail industry? Nicole Miller: The biggest issue I'm seeing right now in the industry is pricing. There's a really screwed up thing happening with the vendors setting the retail prices. They're keeping the suggested retail the same, like a reasonable price, but they're increasing their cost so the margins are decreasing. Since they're setting a suggested retail, if I go in and set my normal margin, I look like the biggest jerk out there. It's really tough. I'm curious about what other retailers are doing about it. We don't really talk to each other. Japan has a great retail model. Everyone shares ideas and resources. In America, everyone is so afraid that someone in Cincinnati is going to find out where they make their scarves and that will put them out of business.