Shoppers Showing No Valentine's Love for Retailers
http://www.time.com/time/business/article/0,8599,1878843,00.html?iid=tsmodule
Last year, this was the high-end room. Now, it's the markdown room. Everything's on sale — for example, a $2,500, 18-karat-gold, diamond and amethyst ring now costs $597. We're selling things at or even below cost. We have to adapt.
- Louis Martin Jewelers
Valentine's Day business may be down but I think people will still give their loved ones what they deserve.
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