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Toy retailer FAO Schwartz announced Wednesday that Toys R Us Incorporated, the largest United States toy retailer, would be acquiring the high-end retailer.
Once upon a time, FAO Schwartz was the store every small child wanted to visit. I know that after watching “Big” (with Tom …

In an article from MSNBC, retailers were discussing how consumer spending has changed since the economy has suffered over the past year. One retailer’s (Rock & Republic) founder and creative director, Michael Ball, said that the days of $300 jeans were over.
At the same time …

Sales are down across the board for many luxury goods retailers. Now, more than in previous years, it has become looked down upon to flaunt wealth, even for those who are still wealthy.
In places like New York’s Fifth Avenue retailers are putting their luxury brands …