« September 2007 | Main | January 2008 »

Oct17
Consumer Buying Binge Over?

According to Geoff Colvin it might be...

If you're trying to answer the question by looking at the traffic in the store I'm working in, the answer is a most resounding YES!

Geoff says;

"One of the most reliable ways to look like a business dope over the past several years has been to announce that the consumer spending party is finally over. Every year, usually in the fourth quarter, assorted boffins prove beyond doubt that U.S. consumers cannot possibly keep spending as they have been. Consumers then ignore those reports and keep right on spending anyway."

I've seen it many, many times. It always passes and we move on. This time may very well be different because it has carried over since the last Christmas season.

Despite the phony PR the marketing manager of one particular shopping mall put out there last year, the numbers were in and they fell short. The traffic, relative to all the Christmas's that I've seen, was extremely poor. So, there's a very real change that has been taking place for quite some time.

Consider; 

Continue Reading
Oct15
Blog Action Day! In Your Face George!
Oct14
Diminishing The Costs of Shoplifting and Mis-Marked Merchandise
Oct13
Expansion Plans
Oct10
Tell That Customer What?
Oct 8
Inventory Management
Oct 7
You'd Think After Thirty Years
Oct 6
Retail Associates - Be Prepared For Holiday Blame
Oct 4
2008 - Yet Another Bad Year For Music Sales
Oct 3
Is There Anything About This News That Is Unfamiliar?
Oct 2
How Does Training Fit In?

« September 2007 | Main | January 2008 »

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