Thursday, December 18, 2008

Struggling Economy Doesn't Mean Boring Stores

It seems that the toughest times are in the stores where the panic level is the greatest. What I am seeing is a lot of business owners and salespeople willing to use the economy as an excuse for a lack of energy and innovation in their stores. Even in the worst of times, people still get engaged and married. They still celebrate birthdays, anniversaries, births, achievements and love.

Kate B. Peterson, president and CEO of Performance Concepts

As the clothing market goes from bad to worst accessories are on the rise. American consumers are purchasing new accessories to spiff up their old clothes. The fashion-accessories market is expected to reach $20 billion by the end of 2012, a 24 percent increase from 2008, with handbags and neckties the most bullish of the accessories categories. Handbags earned a boost since becoming an "It" item and ties earned a boost thanks to the male population's "increasingly sophisticated fashion sense." Read more at market watch

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