Recession Retail Madness - The Positives In Fashion

I used to love to shop; that was before I started paying all my bills, had the time to browse through the racks for good deals and as of late, before the recession (or so I thought on this last point)....

Never in my young shopping years have I seen so many sales and great deals, especially before the biggest shopping day of the year, Black Friday. If I get one more email about my favorite retailers' special sales, I will begin the unsubscribing process. All of a sudden I'm every retailers' "friends and family." I remember when that discount actually applied to friends and family only and made you feel special. Thanks to the recession we are all special now...I urge you to TAKE ADVANTAGE of this one ironic double edge sword positive of the recession as I did at Saks Fifth Avenue yesterday.


Now I'm not your typical Saks Fifth Avenue Shopper. Once in a blue moon I might treat myself to that incredible designer dress (Diane Von Furstenberg is my woman of choice) or impossibly unique item that can not be duplicated by any design imposter retailer wannabe, whom my wallet and need for style are extremely thankful for. My typical shopping experience at Saks involves what I like to call "fashion shopping," browsing the beautiful windows and floors to get a taste of the latest trends and styles and then heading to H&M, the more affordable design imposter wannabe retailer, across the street to find them at an eighth of the price. That all changed yesterday when Black Friday came a week early with Saks sales prices equivalent to that of H&M. I'm talking up to 70% off almost all their inventory!!!!

The funny thing is that Saks' sale is the one email I didn't get and when I asked the sales associate about it she said "we're relying on word of mouth." Are times that tough that a huge retailer like Saks can't even afford advertising or emails about their huge pre-Black Friday sale?

According to an article published in the New York Times at about the start of Saks' huge sale, "Saks lost $42.8 million for the three months that ended Nov. 1, compared with a profit of $21.6 million for the period a year ago" or another way to look at it is "Saks sales fell 11.5% for the period compared with a sales gain of 11.4% for the same period last year."

Yes, these numbers are scary, but as always in life let's look at the bright side as I did yesterday when I left Saks with my Diane Von Furstenberg purchase that totaled $65.00, originally marked $325.00.

In my next article we'll take a look at how this recession is affecting less superficial fashion values in the world of organic and natural living, but in the spirit of Black Friday and Thanksgiving I wanted to make sure to share this sale information with you and extend some sort of thanks for once for the recession.

Happy Turkey Day!