Furniture bargains
OK, I'll admit it. My sofa is 10 years old and really needs replacement. But everytime I find something I like, the price scares me off.
If you are hankering for something new, the next few weeks may be a great time time to buy.
I'll try to spare you too much of the technical stuff, but retailers get a report from America's Research Group called the Furniture Buying Index (FBI). The latest report says it's down to 66. This means fewer folks surveyed could name a piece of furniture they wanted to buy within the next year. Bad news for stores. Good news for you.
The index hasn't dropped below it's critical level of 70 since Novemeber 2001 -- when it was 69.
Britt Beemer, the chairman of America's Research Group is advising retailers to "be extrememly promotional and resort to free promotions to get consumers to buy."
Let's hope they listen. And start looking for the bargains.
XOXO--- Shopper Girl