Comments on: Steve and Barry go broke

By: Terry in Silver Spring

Terry in Silver Spring — Mon, 21 Jul 2008 18:17:00 +0000

I went to the Steve and Barry’s store this weekend. It’s down on the bottom level, off the old food court. It’s actually very nice, much nice than the Steve and Barry’s store I was in near Detroit. There’s a good range of clothes, shoes, and jewelery in lines bearing the names of various stars (Ben Wallace, Sarah Jessica Parker, Serena Williams, Marbury, some vaguely Hawaiian surf line, etc. I was pleasantly surprised. They were doing good business, too.

By: rockcreekvillager

rockcreekvillager — Sat, 12 Jul 2008 00:56:38 +0000

Wait a minute! S & B’s business plan was to cover overhead and make a profit through kickbacksI mean cash incentives? Come on, who approved that idea?

Darn, I love my Bitten shorts and tops, too. But I knew it was too good to be true. There was a surreal vibe in the store. Like the people working there were kind of faking it. Maybe they weren’t really employees at all, just got a kickback, um, incentive in free merchandise.

By: Johnny Blaze

Johnny Blaze — Thu, 10 Jul 2008 22:44:08 +0000

Way to jump on the story, Jen.

I guarantee City Place’s management paid Steve & Barry’s a hefty “incentive” to move in.
This story says a lot about City Place itself. The only new, major retailer to locate there in years had to be, um… PAID OFF. Yikes. What that means, to me, is that City Place’s owners aren’t in a good bargaining position when it comes to attracting retailers. So, there’s little chance we’ll see a “big-box” anchor store there anytime soon—even if the economy improves. Sad.