I just returned from a quick trip to the Mall where I had volunteered to pick up a gift for someone else. I was dashing through Dillards and a pretty blouse caught my eye. I stopped to admire it and my jaw dropped when I saw the price tag: $148.00!! For a blouse! Give me a break! And I thought we were in an economic downturn!
The Mall incident made me think back to a meeting I attended recently where some builders were talking about bids for buildings and how they were coming in higher than expected. They knew that suppliers had lower material costs and the cost of labor is lower right now, but it seems that subcontractors are padding their bids anyway. Guess Dillards caught on and figured if the blouse did not sell at $148.00 this week, then they could mark it 50% off next week and still make a bundle selling it at $74.00 or mark it down to 70% off in a few weeks and still rake in more than $40 for a blouse that probably cost less than $20 to have it made in China.
I think I am going back to sewing! I used to make all my clothes and then I got busy doing other things. Now, with prices as outrageous as the blouse I saw in Dillards I can easily save a bundle of money! Or--do my shopping at resale shops where the $148.00 blouse will probably end up for about $20 if I wait long enough and stay vigilant!
3 days ago