Wednesday AM Clickage

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Local
· Manhattan Fruit Exchange great spot for serious grocery shopping [Eat]
· Tanger Outlets not worth the trip [Cheryl Shops]

National
· Liz Claiborne exec "reassessing" company's brands [WWD, subscription req]
· ...also planning on firing a bunch of people [Crain's]
· Valentino buys 45% of Proenza Schouler [The Shophound]
· J.C. Penny's new ad campaign strategy: poignancy [NY Times]
· The next version of the iPhone might be less than $300 [NY Post]
· Miu Miu knocks off Louboutin [Manolo’s Shoe Blog]
· Flip-flop purveyor Reef to sell swimwear [WWD, subscription req]
· CEO of Verizon a complete idiot [Huff Post]
· Non-breaking: cost of Manhattan retail rents is rising [WWD, subscription req]