In the first year that I lived in Alexandria (2007-2008), three home decor places opened in a three block stretch of the commercial street near my apartment.
Bad timing, no?
Two were new, one went into a small space, one into quite a large space. The third place moved from a location several blocks down the same street.
The place which moved, the space is now empty and for lease.
The small new place hasn't run through its capital yet and is still open.
The large new place is gone. The space is now occupied by a tarot card place.
There is only so much market for rugs, lamps, and ceramic roosters, after all, but everyone wants to know what the future holds.
123 words | September 1, 2009 08:05 PM | Real true storyI remember an article in the Times about six or eight months ago about how the fortunetelling business was pretty much recession-proof. Drove me up a wall, especially since it was about how financial industry types were some of their best customers. You have to take the Times slice-of-life pieces with a big grain of salt, but it's still pretty anti-modern.
Want to know the future? Wait for it....
Posted by: Jonathan Dresner at September 1, 2009 11:40 PM