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To: Earlie who wrote (125701)9/26/2001 9:45:49 AM
From: reaper  Read Replies (2) | Respond to of 436258
 
<<I would also encourage others on the thread to post what they are seeing.>>

In Boston, things seem to be tough. I live in a "neuvo-riche" neighborhood (South End) and things have ground to a halt. My local corner convenience store is down 10% vs. last year (and things were tough before the WTC bombing). Neighborhood institution cafe / take-out prepared food was EMPTY at 4:00 on Saturday afternoon; owners are pretty good friends and they are "feeling it" and cutting staff (everything fine b4 the bombing). Two local $20-ish per person brunch places, usually w/ long lines at noon on Sunday, with empty tables this past weekend. Gap and Gap Kids both completely empty. One person in the Starbucks at 10:00 am Saturday. Local artists (SE was sort-of an artist colony before yuppie scum like me started moving in) complaining that business is down 40-50%. Home Depot (Bay Village) -- nobody in line at 10:30 Sunday.

That said, in the suburbs of Boston things seem to be fine. This is what a co-worker sent me on Monday:

At 08:33 AM 9/24/01 -0400, you wrote:
>Lara and I had friends visiting this weekend- couple of points to note.
>
>First, Lara and Erika apparently waited in line on the order of 15-20
>minutes at Panera Bread in Framingham on Saturday around 1pm and then waited
>again for a seat. According to Lara, "it was a zoo".
>
>Second, had the pleasure of visiting the Wrentham Factory Outlets yesterday
>afternoon. Despite my lack of enthusiasm for being there, I did manage to
>keep my eyes open. What I noticed was people- and lots of them. Christmas
>season type waits in checkout lines at various retailers- Banana Republic,
>Brooks Brothers, Polo, and SONY were all so packed with shoppers it was
>physically difficult to navigate around in the store.
>
>Bargains? I think so. No one was giving stuff away, but given the checkout
>lines people were definitely buying. Consumers may be putting off big
>ticket items, but it certainly would appear they're spending on apparel and
>smaller consumer electronics.
>

Not really sure how to read this; definitely mixed messages.

Cheers



To: Earlie who wrote (125701)9/26/2001 10:10:09 AM
From: David Semoreson  Read Replies (1) | Respond to of 436258
 
I have a very good source of info on total retail sales by major mall-based retailers in Canada ... they were down 40-60% in the week of the WTC attack, and were down 10-30% last week.