I know many will think this is boring, but you have to read and watch what the big boys are doing out there, they know so much more than we do when it comes to market trends with the consumer. This article quotes many company presidents of clothing lines Polo, Neiman Marcus, J.C Penny, Nordstrom, Saks Fifth Ave, Bloomingdales, Rock and Republic,J.Crew,Crate&Barrell, Gap,SuperValu,Inc.
Yes it does concern our little part of our world, (out table and ped chair). They are changing and the article explains what these big dogs are doing to stay in the "NEW" market. A couple of quotes I copied if you don't have time to read, whole article link below: "Sales clerks are also checking back with customers to see if they're satisfied with their purchases." "Chief executives from Crate & Barrel to J.C. Penney acknowledged during the National Retail Federation meeting this month that they're navigating new territory, predicting that the fundamental shift by consumers to spend less and save more will linger." "The biggest unknown is when or if shoppers will ever resume spending the way they did when the housing market was booming, credit was easy and jobs were more plentiful." "Customers wanted and wanted and wanted some more and we sold and sold and sold some more," said Burton M. Tansky, president and CEO of The Neiman Marcus Group. Now, "frugality is more important." ".........And they're trying to understand the new mindset of shoppers, scrutinizing the products they offer to see whether the prices and quality meet the new standards from consumers who are questioning the real value of things. http://www.presstelegram.com/business/ci_11490835 diana from indiana --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "NailTech" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/NailTech?hl=en -~----------~----~----~----~------~----~------~--~---
