The Power of Retail

Wal-Mart has decided to pull its designer clothing line that it launched a year ago. The designer clothing line by Mark Eisen has been taken out of over 3,000 Wal-Mart stores, as the company tries to clear its stocks of unsold items. Design executive Mark Eisen was earlier with AnnTaylor Stores and created a line for women under the label George.

Edited to add: Just saw that The Wall Street Journal linked to this article. Read their article here.