What recession? Gift retailers are confident and spending
Attendees at the Home and Giving Fair in Sydney over the last three days have been positive about business generally and their retail businesses in particular. In the mix with gift shop owners, there have been newsagents expanding their commitment to gifts.
My software company, Tower Systems, has a stand at the trade show and we have been talking with people about business, to get an understanding of how they are performing and what they see for the next six months. All bar one retailer we spoke with is enjoying good sales. People are buying plenty of product to take them through to Christmas. (They are also buying software which is great for us.)
This would have been an excellent trade fair for more newsagents to attend to see new product catgeories as well as to mix with a positive bunch of people investing in making their own success. We have certainly seen some new products we plan to bring into our newsagencies to expand our gift offer.



