Are You Getting Nervous or Are You Ready to Buy?
May 5, 2008
So, this is one of the first times I’ve ever been so nervous to buy. Recession…recovery…recession…recovery. That’s all that runs through my head these days. Should I just replenish and not put any money into other lines? Usually, the JCK show is where I deviate from the norm. I try and find a new bridal or fashion line that I think will stay around or I hunt for another out of country manufacturer that brings a great product as well as great margins to the table. I know the store needs some more bridal but am I ready to invest. Is this year going to be good to me? Are any of you feeling the same?
Posted by Shanu Singh Guliani on May 5, 2008 |
Comments (1)
May 29, 2008
In response to:
Are You Getting Nervous or Are You Ready to Buy?Neil The Jeweler commented:
I don't think there is one answer for all stores. I would look at
recent trends, both your own shop and your local market. In an
election year with a sour economy being conservative with a backup
plan in case things get hot is a wise course of action. As far as
the fourth quarter, you don't really need to show Xmas merchandise
til sometime in October. Go shopping, make a wish list with
suppliers who can handle late orders. Its great to have your cases
jammed with goods in December but its even better to be solvent in
January. After November we should get a beter idea of what's in
store for us.
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