Tuesday, November 27, 2007

BLACK FRIDAY BUST

So last weekend turned to be a horrible weekend. I think it was a strong weekend for the big department stores and big box, discount retailers. We sell accessories and no one is interested in buying 50% earrings or necklaces. They want TVs, computers, or clothes. It's hard to compete when major retailers who have their inventory marked up ridiculously high to begin with.

Here's a New York Times article to shed more light on what's going on...
Mall Stores See Trouble in Sales Data

1 comment:

Anonymous said...

Why don't you just do what they do...clown!

Ergo -- mark up your stupid consumer crap, then lower it at a deep discount (while still making a profit -- abet a smaller one) to make the 'sheeps' who buy all of this stuff on credit (they have no hope of paying back in their lifetimes).

Do I have to come down there and eat your lunch for you!!!!