Housing Crunch Crimping Retailers
Posted on June 28th, 2007 by Kemp
Bed, Bath and Beyond and other retailers that sell non-essential retail items have begun to feel the pinch caused by a slowdown in the housing sector and a close down of the home mortgage ATM. The linked article provides insight into the company’s operating history and projections and highlights that these companies are still relying on opening scores of new stores in order to maintain growth. The problem I see is that the market appears to already be saturated with these trinket shops and opening more stores is a shortsighted move destined for a reversal.
Filed under: Economics


