clock menu more-arrow no yes mobile

Filed under:

Recession Special

New, 4 comments

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Intermix is having a "warehouse sale" online and in all boutiques through February 15th. Per a call to the Madison Avenue store, we learn that all locations will be lowering the prices on their already marked-down merchandise to "warehouse" levels, but that they will not be receiving any more merch. So basically, they're just trying to unload the stuff that's been sitting around for the past few months. This comes after the store allegedly fired their PR team, and asked all employees to take an 18% salary cut. [Intermix]