Just my thoughts.
No more hype over: What is she wearing!?
People don't want to see a celeb in a new pair of shoes or holding a new handbag.
No more: People don't want to hear about where so and so ate dinner or went clubbin.
What will they buy: People will be buying TV's, flat screens and long term investment items, like a computer.
They will suffer through their back pain and NOT purchase a new matress this year, and will cut back on buying professional attire that can not be worn for more than 2 years. People will buy more items that cost $50-$100 than buying one really expensive item, unless it is an item that has long term usage.
However women will continue to buy their higher priced foundation and makeup cosmetics- it is hard to turn a person who wear $40 lipstick and foundation into a drug store girl, but drug stores will thrive in beauty because many women will not be going to the salon as much and will be doing at home treatments.
Wednesday, January 28, 2009
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