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New home sales fell as outlined by a report by the Commerce Department released June 23. A slide in new home sales statistics was expected after the home buyer tax credit expired at the end of April. But the 32.7 percent drop in May was a lot more than expected. Existing home sales dropped as well, surprising forecasters who expected them to rise. Unemployment seems to be the primary reason the housing market is flagging without the tax credit. Sharp declines within the housing market, a critical component of consumer spending, are threatening the fitful U.S. economic recovery.

Source for this article: New home sales fall to record low in May after tax credit expires

New home sales are at a new low

I am a blog newbie to say the least!  Just looking for some successful events that other stores have done to create retail excitement!  What worked...what didn't. 

Bobbi Ogle has her hands full. She's getting used to a new location, figuring out a new clientele, building her Facebook presence and looking for new sources. Welcome to retail, right?

Ogle owns Interior Motives, an interior design business in Nevada, Mo., a city  of about 13,000 located between Kansas City, Kansas, and Joplin, Mo.  In February, she moved her studio and store from a historic area to a building she bought on the square downtown.

The increased visibility has meant a new clientele, one that seeks gifts. In response, Ogle has added more cash-and-carry items. While shoppers might find a design showroom intimidating, they aren't shy about browsing in a retail store, she said.

This weekend I had the pleasure of attending Ocean City, NJ's annual congregation of small retailers, its mile-long Block Party, where over 400 independent retailers set up stands and invited the public to stroll freely amongst them as the people ate, shopped, and perused the offerings.  Everything from cookies to clothing to crafts lined the street, and musicians played family-friendly music while kettle corn was popped and pizza was baked.  A first-class fireworks show ended the evening.  A full description of the event can be found here.

For New Yorker's, Fashion Week is a holiday. Whether you work in fashion or not, you can't help but be swept up in bustle of models, shows, beautiful apparel and celebrities.
When most think of fashion labels, we think of large, international corporations, but actually most fashion designers and labels in New York are independent retailers trying to make their business' profitable like any other independent retailer.

A focus on margins, not inventory

How to sell wall décor

A product I like

Retailer marketing

A new campaign for furniture

I.O. Metro is a retailer to know

Signs of life in the luxury market

A product I like

Companies and People in the news

Philly's craft show, NY's gift show

A retailer to know