I would hate to be in the retail sales business. Here we are at the acme of the shopping
season and everybody is desperately trying to get rid of their inventories.
All year long we get full page adds from the mattress, rug, shoe and clothing selllers. But now it
is getting ridiculous. For example, a chain which sells suits: not 2 for 1, it is actually offering three for one. Does one suppose that they are taking a loss ? What kind of a markup do they have on their merchandise ? Do they really charge two or three times cost in ordinary times ? Shoes, mostly only 2 for the price of one. Furniture : buy now, pay nothing until 2010. Insanity on the part of sellers. Shouldn't they give cash buyers a huge discount ? Give it a try. I'm betting they would .
What a wonderful time to buy a car, especially those huge SUVs that no one wanted a few months ago. Gasoline ( The best thing that has happened to us hapless consumers in a long time ) is now down to $1.37 in some stations. One can easily get 25 to 35% off on these vehicles.
What a bargain !
It is disturbing to see some of the great stores going bankrupt. Most of them will be gone forever. We see shopping malls and strips with vacancies. It won't be long before they are in
big trouble.
But enough of this gloom and doom. In previous blogs I have averred that I am now an optimist. I can't imagine why.
Subscribe to:
Post Comments (Atom)
4 comments:
More doom and gloom! We need to shift the conversation to bunnies and kittens and cotton candy and...I dunno, happy things.
Let's go to that exotic locale we know and love so well...De Nile.
xoxo Can't wait to see you in a few days!
I declare, you used our own optimism against us, as we believed you would yourself be more optimistic.
However, asking you to be optimistic during these economic times is a high calling for anyone. So I should not despair that you have succumbed to temptation so soon.
Leave it to the big oil companies to limit their production, and thus put an end our one consolation during these hard times, namely cheap gasoline. No one in their right mind wants to buy a big vehicle right now. No one knows how long these car companies are going to be in business, or how long these cheap fuel prices will last. To make things worse, the banks are still not lending, so where is the car buyer supposed to get financing?
Okay, enough on the economy. Christmas is fast approaching, and soon we will all be together again. That is something to look forward to, and no one can take that pleasure away from us.
we're all waiting for that new blog, buddy!
Post a Comment