Tag Archives: luxury retail

What’s up with Fifth Avenue?

First Brooks Brothers moves out, then Uniqlo moves in and there goes the neighborhood? It’s a question.  Fifth Avenue, synonomous with sophisticates and upscale shopping, seems to have taken an economic beating that’s changing it’s landscape. 
Uniqlo had been eyeing the 30,000 square foot vacancy left by Brooks Brothers since last  summer.  This week the company announced plans to [...]

Posted in Apparel, Retail/Market Trends, Specialty Retail | Also tagged , , , | Leave a comment

So the Retailer says to the Customer, “What can we do to improve…”

Change is the order of the day, some by choice and some by force. Retail is changing by the force of economic winds. However, there are potentially positive byproducts of the current state of affairs.
The term correction is being used to describe what’s happening in the financial markets, but it could also be applied to what’s [...]

Posted in Retail/Market Trends | Also tagged , , | 1 Comment

NPR Says “Little Luxuries” Are Surviving

On today’s Morning Edition, NPR’s Tovia Smith reported that while parts of the economy are struggling, some people are still indulging in personal luxuries like massages, spa trips, fitness and alcohol.
Smith interviews a consumer who says that instead of their vacation trips to Copenhagen and Kenya, they will opt for something a little more low [...]

Posted in Retail Research, Retail/Market Trends, Service Retail | Also tagged , | Leave a comment
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