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Industry Resources

What's up at retail?

December 17, 2008

A short while ago, we sent out a survey that invited you to weigh in about your business.

I want to thank the more than 300 retailers who took the time to respond!  Your frank input, as always, gives us insight as to what’s going on at retail.

When we asked you to list some of the roadblocks your business is facing, you told us that major stumbling blocks included the following:
*high levels of consumer debt
*tightening of credit availability for consumers
*getting consumers to come into your stores
*product blandness/ too many lookalike products.

With little evidence that any of the above issues will evaporate anytime soon, my question to you now is this: What are you doing to minimize the impact of each of these challenges?

As always, I’m anxious to hear from you!

Posted by Ray Allegrezza on December 17, 2008 | Comments (0)
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