Welcome to the first “RetailSpeaks IQ” blog post where retailers share their opinions about what’s really going on at the grass roots level.
Several weeks ago, stationery retailers received bone-rattling news: The Consortium, a collection of three major brands (Elite, Jansson and Chase), was closing the doors just as spring brides were beginning to select their stationery and invitations. Whether downmarket or upscale, those retailers felt the ground shake while watching up to 35% of their personalized selection disappear from the shelves on a moment’s notice.
Today’s question:
How concerned are you about the stability of your vendors in today’s financial climate?
Not a member of RetailSpeaks? Feel free to chime in. If you like the idea of discussing and learning about things that impact your business as an independent retailer, check out RetailSpeaks.com. Your aren’t alone out there.
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