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October 26, 2011

Rethinking Apparel Again, Wal-Mart Shuts N.Y. Office

Mass retailer's move reflects a "back to basics" strategy aimed at turning around its long-struggling apparel business.

By David Moin

mass-off-price/news

Three years ago, Wal-Mart Stores Inc. opened a New York apparel office and aggressively recruited talent in a bid to react to trends faster, raise the fashion quotient and reverse weak sales.

Rethinking Apparel Again, Wal-Mart Shuts N.Y. Office

Mass retailer's move reflects a "back to basics" strategy aimed at turning around its long-struggling apparel business.

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