By Scott Nicholson
With the recession lingering and national retailers expecting
a modest holiday shopping season, the local retail scene is
similar to last years.
Dan Meyer, president of the Boone Area Chamber of Commerce,
said there were no hard statistics available for seasonal sales,
but the anecdotal evidence suggested people were shrugging off
bad economic news and continuing to spend, albeit cautiously,
this Christmas.
We were in the mall on Saturday and there was brisk business
going on, Meyer said.
I was really pleased with what was going on. There was
a special show there and my wife and I picked up a couple of
items we didnt know about. Sometimes being out shopping
means youll actually purchase more.
Meyer said people appear to be more selective in what they buy,
but he said one bed-and-breakfast establishment reported its
best year ever.
Some places appear to be doing very well and some are
a little flat, Meyer said.
Everybody seems to be in a little bit of a wait
and see attitude, but I expect it will be busy this weekend.
John Cooper, a Watauga County commissioner and owner of the
Mast General Store chain, said overall his eight-store company
had increases of about 1 percent this holiday season, while
the three stores in the High Country had holiday sales levels
about the same as last years.
November was down a little but, overall, Im very
pleased with the way its going, considering the economy
overall, Cooper said.
Hanes Boren, owner of Footsloggers in Boone and Blowing Rock,
said the recession was affecting everyone, even if they werent
eager to admit it. Our sales are not what they were last
year, he said. I think we had 14 straight years
of increases from Christmas and were 37 years old, but
also the biggest days are still ahead of us.
Boren also believes there could be a late surge as people gain
optimism from a change in presidential administrations.
I see people looking more for value, and I think thats
good, Boren said. Theyre looking for quality
and theyre looking for value, and thats good for
us. For us, its primarily outerwear and footwear.
Boren believes there has been a slight shift in social consciousness
this year as well. I think its fair to say were
obviously a very consuming society and it outpaced our income,
he said. It probably makes sense for some people to slow
down a little bit. We see a lot of interest in many of our recycled
products.
Hanes said businesses could have more gross sales if they lowered
prices, but with rising overhead and transportation costs, the
bottom line would not be much different. If somebody is
equal to the numbers that they had in 2007, its at the
expense of their (profit) margin, Boren said.
According to the National Retail Federation, retail industry
sales for November decreased 2 percent from 2007 levels, with
a late Thanksgiving weekend attributed to a missed opportunity
for strong sales. Month-to-month sales saw the first increase
in four months, however, with November retail sales up six-tenths
of a percent over October.
The merchandising industry fared better than other retail sectors.
November retail sales released Dec. 12 by the U.S. Commerce
Department show total retail sales, which include non-general
merchandise categories such as autos, gasoline stations and
restaurants, decreased 9 percent over last year and dropped
1.8 percent seasonally adjusted from October.
Electronics and appliance stores sales increased 2.8 percent
from October but decreased 5.4 percent from last November. Clothing
and clothing accessories stores sales increased 0.8 percent
from the previous month but fell 7.4 percent from November 2007.
Health and personal-care stores sales and general merchandise
stores had sales increases over last years of about 1
percent. The National Retail Federation, which is the worlds
largest retail trade association, forecast an overall holiday
sales growth of 2.2 percent. Because of a shorter window this
year between Thanksgiving and Christmas, retailers are counting
on December to make up a significant portion of the years
sales.
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