May 13, 2009
As a wholesale supplier of natural bath and body products to small retailers, I wasn’t at all surprised to read the news this morning that “Retail sales fell for a second straight month in April.”
The Commerce Department said Wednesday that retail sales fell 0.4 percent last month, much worse than the flat reading economists expected. The April weakness followed a 1.3 percent drop in March that was worse than first estimated.
Cottage industries like my own have taken a big hit in this recession. My clients are all lagging in sales, as am I. Which brings me to another piece of news… (more…)
