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E-Squared

E-Squared is a provider of e-commerce, creative and digital solutions for the action sports, apparel and fashion industries. Our offering includes complete end to end e-commerce suites and a modular based service which can involve one or any combination of the following; website design and management, e-commerce design, development and management, online order fulfillment, customer service, online marketing strategy and management, photography and wholesale fulfillment.

ROTH Capital Partners

ROTH Capital Partners, LLC (ROTH) is a relationship-driven investment bank focused on identifying growth opportunities for corporate and institutional clients. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading and market-making services. Headquartered in Newport Beach, CA, ROTH is privately-held, owned by its employees, and maintains offices throughout the U.S., Hong Kong and a Shanghai Representative Office.

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Deep discounting continues at malls

Black Friday shoppers at South Coast Plaza in Costa Mesa. Shop-eat-surf file photo.

By Tiffany Montgomery
December 23, 2011 7:27 AM

A story today in the New York Times highlights something I’ve seen all holiday season at shopping centers – extreme, storewide discounts at lots of major retailers.

The discounts mean retailers were too optimistic about holiday sales, built too much inventory, and are now panicked and trying to clear it, analysts said.

Ann Taylor is offering 50% off the store, Gap 60%, J Crew 30%, Abercrombie & Fitch 40%.

An analyst quoted in the story said those stores were attracting most of the traffic, while retailers with more modest discounts were slower.

Overall, holiday sales were up slightly as of December 17 - .5 percent – vs. the same month last year, according to ShopperTrak.