Tuesday, December 16, 2008

leap of faith

This is only our second holiday season and last year was its own special case -- we were new and lots of people were still checking us out. This year we're dealing with an extraordinary financial climate, one which is not being kind to retailers. We really don't know how to evaluate our holiday business so far, except to say that it hasn't been awful and we're still making new friends and seeing repeat customers.

But what we're hearing on the street is not good. One established retail shop owner has been to the emergency room with chest pain, but feels so stressed by the downward trend in sales that he doesn't want to have any cardiac workup done til after the holidays. No news is good news, or rather, no news means not having to deal with the news.

Another longtime women's wear retailer has seen a significant drop in her local sales. She's still doing ok with sales at another location and on her website, but she hasn't seen such poor holiday sales at her downtown location in a long, long time.

We knew getting into this business was going to take a lot of preparation and sustained hard work. What we didn't know was that our leap of faith was going to have to be an Olympic-sized long jump.


1 comment:

Running T. said...

Francie:

Your store is beautiful. I hope that you have a wonderful holiday! We'll keep the future of your store in our hearts and prayers - I would love to visit next time we're out that way; My love for jewelry is no secret amongst my friends - and no surprise given my namesake. :)

Happy Christmas

Tiffany Salisbury