The national retail statistics came out yesterday stating that overall, retail sales were down 1.2% vs. a projected .7% drop. When you're about to enter the "busiest time of the year," a drop in sales isn't what you want to see.
But, our retail sales have been consistently declining all year. I am commonly asked the question, "I hope this economy isn't hurting your business...?" (it's posed like a statement but meant to be a question, I think). There's no polite answer to this statement/question. I want to look at these people and say - ARE YOU CRAZY? HAVE YOU HEARD THE NEWS? Not only are sales down, but we're still a new business, so we've not even reached the point where we know what steady sales are suppose to be!
Wendy Lee from The Tennessean wrote an article about the state of retail right now. She and I conversed yesterday about what we're seeing in our store, so take a moment to check out her article.
There's alot this article doesn't touch on that I think is important so over the next few posts, I hope to address some of my thoughts and observations. (provided I don't go into labor!)
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