7.28.2009

sale sale sale!!!

Usually around the months of June and December, malls in the Kingdom offer great discounts on well-known American and European brands. Mom and I always look forward to this sale event because they seriously drop prices... I'm talking 75% off the tag tax-free!

Last night we went down to the mall to check if the stores have marked-down their items. To our disappointment, they haven't. Yeah Massimo Dutti's got their section of sale items, but unlike before, they were taking only SR50 off the tag... so much for the so-called sale. So mama and I settled with what we got: two pairs of shoes from Aldo, one from Nine West, and three dresses from Zara (mine!!)... better bargains in those stores.

I'm starting to guess this is due to the global economic crisis. Lots of stores are closing down and even huge family corporations (groups?? I don't know what to call them) are struggling to hold on to their assets. Putting more insult to the injury, many people are also losing their jobs. So I guess even if these stores put huge signboards screaming SALE!!!!!, it doesn't mean anything if the pricetag doesn't show much difference.

I sat down with baba after we got home and talked to him about this. He said that most retail stores aren't doing good these days and marking-down their merchandise would just knock them out. To attract buyers, they launched a 'buy 2 get 1 free' promo. Some buyers might think that it's for their advantage but actually it's for the store. Not only do they steer clear from a 50% markdown, they also get rid of end-of-season stock.

My advice to the shopaholics? Spend wisely, eat well and stay positive. Inshallah the global economy will recover this year.... and we could all go shopping like crazy again.

YAY! =)

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