From Highland Park Village, Window Shopping a Fashionable Depression
On Friday, the very fashionable Nathan Branch posted to his blog several photos snapped during a Christmas Day walk through Highland Park Village. Branch, who kindly allowed Unfair Park to run the picture above, took note of the deep discounts being offered in almost every newly polished window and wondered whether "this kind of discounting and widespread sale-mongering isn't going to leave a permanent impression on consumers. Once you realize that retailers will mark their merchandise down 60%-75% to sell it, then why in the world would anyone in his/her right mind purchase it at full price ever again?" Hence, the price-tag waiting game that these experts fear could kill off "73,000 stores in the first half of 2009," including this chain, according to this unhappy new year's tale. --Robert Wilonsky
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