posted by guest

Jan 09, 2009 1:17PM

think bigger. i think a major department store chain will go under in the next 6-12 months. bad times.

posted by guest

Jan 09, 2009 2:26PM

like ummm no names but i have to say it...saks?

posted by guest

Jan 09, 2009 2:56PM

guest 3, i totally think so too! that 80% thing is just too much...

posted by purly

Jan 09, 2009 3:02PM

Saks, Macys, Filenes, it doesn't matter. No one shops department stores anymore. I anticipate a return to boutiques all over America, with shopping malls turning into low cost housing, government subsidized.

And who has ever even heard of Searle before?

posted by guest

Jan 09, 2009 3:45PM

Searle sucked big time so it isn't a big loss. I never found anything I really liked in that store.

posted by guest

Jan 09, 2009 4:42PM

It's really too bad - their own line of clothes and quality and wearable for office and day to night. I guess that's what happens when you open like six stores in a one mile radius on the UES. If they hadn't tried to go so big, they would probably still be doing well. Those Madison and 3rd Ave rents can't be cheap.

posted by aramisette

Jan 09, 2009 5:08PM

I've never shopped there (don't think there's any in the Boston area). But I guess What Not to Wear will have to find another store to use. They seem to go there often.

posted by guest

Jan 09, 2009 5:30PM

That is sad for Searle, but I don't think NY gals will be to upset..Scoop is showing signs of trouble, closing stores etc, but Intermix is looking better than ever.

posted by guest

Jan 09, 2009 6:23PM

The Intermix in Dallas has downsized quite recently. It's pretty much always empty.

posted by guest

Jan 10, 2009 10:46AM

Searle won't be going anywhere, chapter 11 is a repreive of debt, no going out of business. There coats are all over the country and the women here love them.

posted by guest

Jan 10, 2009 3:22PM

As a former manager at Searle, the news doesn't come as a surprise!! The owners are stubborn, frugal, and vicious ruthless people. They will somehow pull through.
# 7 , you are so right!! It was so so annoying having to compete with the Searle store literally about 3 blocks away. The stores are too close too each other. INSANE INSANE!!

posted by guest

Jan 12, 2009 9:24AM

I think Intermix isn't doing that well financially. But there are lots of markdowns in the stores outside NY. Speaking of markdowns, 20% off sale items at net a porter.

posted by guest

Jan 12, 2009 10:35AM

What are the key driving points in shopping one place over another? For instance, I like Intermix because the merchandise is unique. Is that why they are doing so well?

posted by guest

Jan 12, 2009 11:53AM

Chapter 11 means that you have relief from your debt and your leases. you are still in business, it only means re-organization.
everyone is struggling - imagine saks gave everything out for nothing - not good.

also, intermix isn't doing well at all, they cut so many jobs in december , plus cut all salaries!!! they also, layed off the buyers.
no one is doing well. who will be next?
i think searle will pull through - it would be a big loss - those coats are amazing!!!!

posted by rickatsearle

Jan 12, 2009 1:54PM

Number 8, you'll be happy to know that What Not To Wear, which is currently on production hiatus, plans to shoot again in our stores. Plus, Stacey London's stylist just pulled from our stores, this past weekend, for a commercial Stacy is doing. For our numerous fans, I assure you we will be around for you for a long time. Visit our website, it's growing very quickly. Plus, I assure you, we will maintain a substantial retail presence in Manhattan.