Tuesday, December 28, 2010

A Great 2011 for Opticians?

Will 2011 bring a retail rebound for opticians? If Christmas sales are a sign of things to come, then yes. "After a 6 percent free fall in 2008 and a 4 percent uptick last year, retail spending rose 5.5 percent in the 50 days before Christmas, exceeding even the more optimistic forecasts, according to MasterCard Advisors SpendingPulse, which tracks retail spending," according to a NYTimes post.

The Times also reported:
Analysts offered several theories for the rebound in spending while the unemployment rate remained stubbornly high.
Stocks have soared to their highest levels in more than two years...
Pent-up demand is also showing up among middle-income shoppers: in government surveys, consumers have been expressing rising confidence for the last five months.
The luxury segment started heating up in late summer, said Joel Bines, a director in the global retail practice at AlixPartners....
The sales figures were bolstered by improved inventory controls among many retailers.

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