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FutureStarrA J Crew Factory
J. Crew Factory, a go-to for work-appropriate accessories for women and men, is dying a slow death. They've mostly removed the brand from the fashion industry, moving from retail to online operations, and losing market share. They're now looking for strategies to keep the doors open, but some customers and experts say this is too little, too late.
J.Crew Factory takes up to 60% off hundreds of styles including flannel shirts, outerwear, pullovers, shoes, accessories, and more. Prices are as marked. J.Crew Rewards Members (free to sign-up) receive complimentary delivery. The men’s Plaid Regular Flannel Shirt is a standout from this sale. It’s currently marked down from $20, which is $50 off the original rate. This flannel shirt pairs nicely under vests, jackets, sweaters, or it can be worn on its own. It’s available in several color options and the mid-weight design is great for helping to keep you warm. Find even more deals by heading below the jump.
In 2012, J.Crew announced four new Canadian locations: Edmonton in West Edmonton Mall, Vancouver on Robson Street, and Toronto in Fairview Mall (now closed) and the Toronto Eaton Centre. All locationswere to carry women's and men's collections. Along with 5 new stores, although some of these stores have been closed recently. J.Crew announced to opening of two new factory stores in Canada, with one in Vaughan Mills and the other in Edmonton (The second J.Crew in Alberta) (Source: en.wikipedia.org)
In an interview with the Financial Times in 2011, CEO of J.Crew Mickey Drexler said that J.Crew would be expanding to the U.K. with their flagship store being on London's Regent Street. He indicated that the company would be following up their recent expansion into Canada and Canadian e-commerce with a physical store in England, most likely followed by e-commerce elsewhere, such as France and Germany. Although a few locations were reviewed for the London store, including Covent Garden and the East End, the ultimate decision was to open on Regent Street.
J.Crew saw revenues reach $400 million in 1990 but reported that its four existing stores had not yet started producing enough profits to cover their overheads. The next phase of store openings included outlets in Philadelphia, Cambridge, and Portland. The company scaled back its plans for opening retail stores from 45 stores to 30 or 35. (Source: en.wikipedia.org)