Frazer Harrison/Getty Images for Mercedes-Benz Fashion Week
Ever wondered why a few scraps of cloth end up costing $5,000 on the catwalk? Or how designers manage to sell a $5,000 dress for just a few hundred bucks in stores like Target? Tess Vigeland pulls back the curtain on the fashion biz.
JC Penney CEO Ron Johnson, formerly of Target and Apple, explains how he hopes to move the company forward — in part by looking back to the heyday of department stores.
Some post-holiday shoppers today will take advantage of a little-known policy at several stores that offers money back on items purchased before Christmas that have since been discounted