US economy is sucking

eatapeach · 08-18-2004

"Claire Armstrong Gallacher of Caris & Company, a retail analyst who specializes in furniture, said she did not see an end to spending on home furnishings - in fact, she said, the terrorist alerts will curb travel and keep people at home.

But even Ms. Gallacher sees a trend away from big-ticket items, which propelled Pottery Barn and Restoration Hardware this spring.

"It's going to be the $30 picture frames, candles - not necessarily the $1,500 armoire," she said. But she is not worried about the stores' bottom lines. "They're lower-ticket items," she said, "but with a high profitability."

http://www.nytimes.com/2004/08/18/business...ewanted=2&8hpib

we too sell $30 products, "lower-ticket items, but with a high profitability."

gold rush II is ready to start, but seating is limited. don't miss out.

08-18-2004	#1
eatapeach Members Join Date: Oct 2003 Posts: 203	"Claire Armstrong Gallacher of Caris & Company, a retail analyst who specializes in furniture, said she did not see an end to spending on home furnishings - in fact, she said, the terrorist alerts will curb travel and keep people at home. But even Ms. Gallacher sees a trend away from big-ticket items, which propelled Pottery Barn and Restoration Hardware this spring. "It's going to be the $30 picture frames, candles - not necessarily the $1,500 armoire," she said. But she is not worried about the stores' bottom lines. "They're lower-ticket items," she said, "but with a high profitability." http://www.nytimes.com/2004/08/18/business...ewanted=2&8hpib we too sell $30 products, "lower-ticket items, but with a high profitability." gold rush II is ready to start, but seating is limited. don't miss out.