GLG News by Women's Apparel Experts: Retail Consultants

Martin Brill, Managing Partner

Martin BrillManaging PartnerSweetwater Consulting LLC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Wal-Mart's Mixed Brand Perception Issue

April 18, 2006

Wal-Mart's N.Y. Plan: Retailer Pushing Effort To Build in 5 Boroughs | www.wwd.com

Despite its everyday low prices and improved apparel assortments, Wal-Mart is seen by many as a large corporate entity that cares little for the welfare of their employees and the retail communities they enter.

Perceived as paying  poor wages and benefits to disadvantaged employees

Forces suppliers into selling at unreasonably low prices

Difficult for independent local retailers to survive.

Allan HaimsPrincipalASER Marketplace, LLC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

JC Penney finds way enter Prestige Beauty Biz in big way

April 17, 2006

Beauty's Big Shake-up: J.C. Penney, Sephora Form In-Store Alliance | www.wwd.com

The clear winner here (assuming flawless execution) is JC Penney & LVMH Moet Hennessy Louis Vuitton (owner of Sephora) - as well as the major beauty companies - i.e. Lauder, L'oreal, P&G Prestige - that were among the losers of the Federated/May Co Merger.
Kohl's - lacking a prestige beauty business - potentially can loose customers to JCP, as the roll out of Sephora ramps up.

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