There are some obvious gaps along the windows of South Congress Avenue. Looking for Loft Furniture or Cowboy Cool on Second Street? Both these shops have closed in recent months. Thinking of stopping in from time to time clothing store on Barton Springs Road Flipnotics? Again.Americans think in general you save more and spend less in these days and Austin seems to be no exception to this trend. With the Economic Outlook dark and silent conflicting reports every day, people think twice before going to the mall or their favorite local shops. Combine this with the credit freeze in financial markets, and some businesses can no longer be in the smaller local shops business.And are not the only victims. Giants such as the $ 192,000,000 Hill Country Galleria are facing foreclosure then. Because of the frozen banks of the financial markets are facing difficult obstacles for refinancing. The mall opened in Bee Caves in October 2007 and included a public library and city hall. It is said that the mall has had a slow start, but now has shops and restaurants in 70 percent of available space.The Hill Country Galleria has had problems earlier this year when a short term loan construction was due and there was not available for refinancing, according to the Austin American-Statesman avenue. However, the owners are confident that will solve the problem before the mall goes to the auction block.Consumer spending fell sharply late last year, according to the Associated Press. Buyers seem to follow the requirements, as in search of food, causing to fall Same-store sales for the sixth consecutive month. Large discount chains like Wal-Mart are doing better than most. "Groceries, health products and accessories remain the most popular sellers, as consumers continue to shop cautiously amid massive job cuts and tight credit." However, many analysts believe that the picture is not as bleak as the numbers indicate. Because Easter was later this year, it is believed that the numbers in March and April together will give a better indication of how retailers are doing. "On the surface, March is weaker than we've seen in recent months but I do not know which is the underlying trend," he said. "The tone and comments from retailers really reflect a better performance than reported, but the jury is still out if we really have stabilized." With the shops have closed or cut inventories to remain solvent, there is the possibility of great deals for the savvy shopper. The sale signs may be big and flashy, but this does not necessarily mean that everything is a bargain. Pay particular attention to how things are worded and not be overwhelmed by the hype, especially in case of liquidation sale. It would stand to reason that these dealers just want to get the products out of the soon-to-be-closing-store quickly and economically as possible, but usually not the case. These companies have closed their creditors to pay and they need every penny they can get for their remaining products. While something may be marked 70 percent off the original price that is typically high. [ABSTRACT] There are some obvious gaps along the windows of South Congress Avenue. Looking for Loft Furniture or Cowboy Cool on Second Street? Both shops have closed in recent months. Thinking of stopping long in clothing store on Barton Springs Road Flipnotics? Think again.Americans save more and spend less in general these days, and Austin seems to be no exception to this trend. With the economic outlook still gloomy and mixed news of the day, people think twice before signing up at the local mall or your favorite stores. Combine this with are not the freezing of financial markets, credit markets, and some companies in the small local shops business.And be the only victims. Giants such as the $ 192,000,000 Hill Country Galleria are facing foreclosure. Due to the stagnation of financial markets, banks are faced with obstacles difficult to refinance. The Bee Cave Shopping Center opened in October 2007 and included a public library and city hall. It is said that the mall has had a slow start but now has shops and restaurants in 70 percent of available space.The Hill Country Galleria has had problems earlier this year when a short term loan was due to the construction and there was no avenue for funding available to the Austin American-Statesman. However, the owners feel confident they can solve this problem, the first shopping mall leads block.Consumer auction sharp drop late last year, according to the Associated Press. Buyers seem to stick to necessities like food, falling to the same-store sales for the sixth consecutive month. The big discounters such as Wal-Mart are better developed than most. "Food, health products and accessories remain the most popular sellers, as consumers continued to order with attention to massive job cuts and tight credit markets." But many analysts believe that the picture is not as bleak as the numbers indicate. Because Easter was later this year, is believed to be in March and April combined figure a better indication as to retailers. "On the surface, March is weaker than seen in recent months, but we know that this is not the underlying trend," he said. "The tone and comments from retailers really reflect a better performance than reported, but the jury is still out if we really have stabilized." Stay with shopping activities or inventory reduction of solvents, there is the possibility of big business for the savvy shopper. The sales could be big and clear visible, but this does not necessarily mean that everything is a bargain. Pay particular attention to how things are put aside and not be overwhelmed by the hype, especially in case of liquidation sales. It would seem obvious that these dealers just want to make products stand out from the soon-to-be-close business more quickly and as cheaply as possible, but this is usually not the case. These companies still have to pay their creditors and need every penny they can get for its remaining products. Although some may be down 70 percent, which is typically characterized by higher initial price.
0 ความคิดเห็น:
แสดงความคิดเห็น