A walk up 5th Avenue in New York on Saturday provided telling evidence of the state of the economy. The sidewalks were completely jammed with people as mid-town normally is during the holidays. Good.. right?.. but further observation found something missing… Shopping Bags. Of all of those would-be shoppers, very few were actually carrying colorful signature bags from the various retail brands that normally punctuate the crowded sidewalks and crosswalks. Stepping into a store or two… Façonnable and Hugo Boss were on my list.. revealed huge sales of 30-50% off nearly everything.. and virtually no customers. The sales associates of these upper-end stores, normally scriptedly aloof.. seemed hollow-eyed and nearly desparate to help. So, did I buy anything?? Yes.. after all somebody has to stimulate the economy! But I must confess that those 30% off tags at Hugo Boss were some incentive.. not to mention the additional 20% friends and family coupon from my neighbor… Thanks Kerstin!
Tags: economy
