Can Your Retail Business Survive the Coming Credit Crunch?
recently been revived from an extended coma resulting from looking at your 401k statement, you may still be too disoriented to have notice that the world has changed, and that it may never be the same again.
Where did all the money go? Who is that guy headed for the ranch? No wait a minute that’s for another article.
To tell the truth, we, as retailer got some of the booty, just the crumbs, of course, for doing the heavy lifting. Now we need to find ways to hold on to our pittance and how to prosper into the future. Last year’s retail business model may be as dead as a door nail. Many of you have notices the changes in the wind, smaller crowds, smaller tickets and old customers not coming around as often. There is no end in sight. The credit card business will surely be in decline for some time to come for most segments of the retail world.
