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Victoria’s Secret’s flawed holiday sale ‘worked too well’


Sometimes, the sexiest lingerie is the cheapest lingerie. That’s the tough lesson Victoria’s Secret learned during the holidays as a discount deal caused an unexpected stampede into its stores that slashed the company’s average selling prices so much that revenue dipped. In November, Victoria’s Secret handed out $20 reward cards to customers who spent $40...
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Source: New York Post


03:22, January 10, 2018 Lisa Fickenscher

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