, Columnist
Coach's Warning to Department Stores
The latest sign deep discounts are no substitute for closing bad locations.
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Coach has had it with struggling department stores.
The maker of luxury shoes and handbags -- which has been mounting a comeback as it reverses a years-long sales slump -- told analysts on Tuesday it was considering pulling goods out of certain department-store locations. It didn't mention names but said it would no longer participate in certain store-wide sales and promotions at the strained chains.