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(WFAA Fort Worth)   Neiman Marcus chain sold for $6 billion, or the combined price of three handbags, a scarf, and a pair of some really nice fluorescent green men's platform loafers   ( wfaa.com) divider line
    More: PSA, Neiman Marcus, Green Men, TPG Capital  
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811 clicks; posted to Business » on 09 Sep 2013 at 6:16 PM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



17 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2013-09-09 05:53:19 PM  
Were the rights to the cookie recipe included?
 
2013-09-09 06:13:52 PM  
Ah, Needless Markup.  I'm surprised they're still in business.
 
2013-09-09 06:21:38 PM  

Benevolent Misanthrope: Ah, Needless Markup.  I'm surprised they're still in business.


I hit one of their "clearance" Last Call stores a few months back, just to see what they had on the rack in the suit dept..

Most of them looked like tacky couch upholstery from the 60s, and the least expensive one was $1800 marked down from $2700..

WHAT A BARGAIN!
 
2013-09-09 06:25:31 PM  
Were the rights to the cookie recipe included?Done in one.
 
2013-09-09 07:06:16 PM  
Ares Management... Hey look, their portfolio is available.

Some retail highlights... 99cent only stores, Jacuzzi, Floor and Decor, Serta & Simmons. Pretty diverse.

Stream? shiat, I used to work for them until they outsourced all the call centers to India. That was years before Ares showed up.

Overall I don't see any companies they've blown up. Of course, they could just bury their dead. Anyone know about their failures?
 
2013-09-09 07:25:03 PM  

wildcardjack: portfolio is available.


Simmons and Serta are owned by the same company.. Good to know the next time I'm mattress shopping and they try to upsell me claiming one is better than the other!
 
2013-09-09 07:31:12 PM  
Shiat, the headline is right for once.

Hey ladies!  Want a "dress" stitched together from random bits of cheap elastic, dyed into the most aggressively pastel colors imaginable, which just so happens to weigh more than you do?  Wonderful!  That'll be $2800!

I'm not joking.  Bandage Dresses are made from heavy-as-hell cheap elastic bands, sewn into pattern.  We're not talking Leeloo Dallas here, we're talking regular old "Little Black Dress" patterns made from heavy-duty elastic bands.
 
2013-09-09 07:44:07 PM  

FrancoFile: Were the rights to the cookie recipe included?


Aaaaaaand we're done here.
 
2013-09-09 09:29:03 PM  
And the best part is you can always return it without a receipt.
 
2013-09-09 10:21:32 PM  

FrancoFile: Were the rights to the cookie recipe included?


This
 
2013-09-09 10:50:32 PM  

I like money.montevallotimetravel.files.wordpress.com

 
2013-09-10 01:22:34 AM  

FrancoFile: Were the rights to the cookie recipe included?


Just for you:

(Recipe may be halved):
2 cups butter
4 cups flour
2 tsp. baking soda
2 cups granulated sugar
2 cups brown sugar
5 cups blended oatmeal (measure oatmeal and blend in blender to a fine powder)
24 oz. chocolate chips
1 tsp. salt
1 8 oz. Hershey bar (grated)
4 eggs
2 tsp. baking powder
3 cups chopped nuts (your choice)
2 tsp. vanilla
Cream the butter and both sugars. Add eggs and vanilla; mix together with flour, oatmeal, salt, baking powder, and soda. Add chocolate chips, Hershey bar and nuts. Roll into balls and place two inches apart on a cookie sheet..Bake for 10 minutes at 375 degrees. Makes 112 cookies.. Have Fun!!!

This is not a joke - this is a true story... Ride free citizens!!!! This isn't some stupid chain letter either.. pass it on.. if you don't, you won't die or get dumped.. you'll just do the world an injustice...
 
2013-09-10 06:13:41 AM  

Benevolent Misanthrope: Ah, Needless Markup.  I'm surprised they're still in business.


Needless markup ? How could you think that 530 dollars for a set of basic tools would be too much ?
 
2013-09-10 08:45:58 AM  

padraig: Benevolent Misanthrope: Ah, Needless Markup.  I'm surprised they're still in business.

Needless markup ? How could you think that 530 dollars for a set of basic tools would be too much ?


Wow, those would go great with your $590 turtle-print swim trunks.
 
2013-09-10 10:26:23 AM  

Land Ark: padraig: Benevolent Misanthrope: Ah, Needless Markup.  I'm surprised they're still in business.

Needless markup ? How could you think that 530 dollars for a set of basic tools would be too much ?

Wow, those would go great with your $590 turtle-print swim trunks.


They cater to people who have no concept of where a decimal point goes in a price, or how many digits are contained in it.

At some level of income, you're free from the burdens of worrying about what things cost.  I'm sure they do know what an item is worth/costs on some abstract level, but by and large, people who shop there do so because they get their asses kissed, and money really is no object.

Think about it.  If you made even a paltry $5 million a year, virtually everything you need to survive on a daily basis (food, mortgage, clothing, car, healthcare, utilities, and so on) is such a small percentage of your income that for all intents and purposes, it's free.

So for those people, spending $500 for a $25 tool set or $530 for $30 swim trunks is chump change.

Besides, spending less for the same item elsewhere would mean having to go into some store with a bunch of unwashed peasants, and who wants to do that?
 
2013-09-10 11:19:13 AM  
t0.gstatic.com
"Oh look! A $900 Taffeta Octopus Outfit. "Thanks, Dad!""
 
2013-09-10 01:51:03 PM  

markie_farkie: Land Ark: padraig: Benevolent Misanthrope: Ah, Needless Markup.  I'm surprised they're still in business.

Needless markup ? How could you think that 530 dollars for a set of basic tools would be too much ?

Wow, those would go great with your $590 turtle-print swim trunks.

They cater to people who have no concept of where a decimal point goes in a price, or how many digits are contained in it.

At some level of income, you're free from the burdens of worrying about what things cost.  I'm sure they do know what an item is worth/costs on some abstract level, but by and large, people who shop there do so because they get their asses kissed, and money really is no object.

Think about it.  If you made even a paltry $5 million a year, virtually everything you need to survive on a daily basis (food, mortgage, clothing, car, healthcare, utilities, and so on) is such a small percentage of your income that for all intents and purposes, it's free.

So for those people, spending $500 for a $25 tool set or $530 for $30 swim trunks is chump change.

Besides, spending less for the same item elsewhere would mean having to go into some store with a bunch of unwashed peasants, and who wants to do that?


my EX wife  - who spent $350  for a Hermes scarf  a piece a fabric about 2ft sq with a print on it -  because it was "Hermes!! OMG !!!"   wanted to choke her but couldn't because that would be illegal. she did stuff like that  2-3 times a month  yet could not manage to support herself.
 
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