Comments on: Retail prices http://www.desmondelliott.co.uk/2008/12/24/retail-prices/ Mon, 14 Sep 2009 18:27:48 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Desmond Elliott http://www.desmondelliott.co.uk/2008/12/24/retail-prices/comment-page-1/#comment-34 Desmond Elliott Fri, 26 Dec 2008 13:00:49 +0000 http://www.desmondelliott.co.uk/?p=86#comment-34 Not quite. What I was thinking was that it feels like the supply of luxury items is changing on the High Street because the number of options is decreasing as retailers are placed into administration. During the process of retailers trying to stay in business, they will compete with other retailers to encourage consumers to spend their discretionary income at their stores. I was wondering if these acts from the retailers could change the consumer's perception of the value of luxury items over the long-term. Not quite. What I was thinking was that it feels like the supply of luxury items is changing on the High Street because the number of options is decreasing as retailers are placed into administration.

During the process of retailers trying to stay in business, they will compete with other retailers to encourage consumers to spend their discretionary income at their stores.

I was wondering if these acts from the retailers could change the consumer’s perception of the value of luxury items over the long-term.

]]> By: Mark http://www.desmondelliott.co.uk/2008/12/24/retail-prices/comment-page-1/#comment-33 Mark Wed, 24 Dec 2008 13:46:14 +0000 http://www.desmondelliott.co.uk/?p=86#comment-33 Supply hasn't particularly changed yet, but demand for luxury non-essential goods has dropped, so we should see their retail price drop. Necessities such as food probably won't change too much because there's still more or less the same demand. So we're seeing a shift in how consumers will spend their money. Does that help? Supply hasn’t particularly changed yet, but demand for luxury non-essential goods has dropped, so we should see their retail price drop. Necessities such as food probably won’t change too much because there’s still more or less the same demand. So we’re seeing a shift in how consumers will spend their money. Does that help?

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