Catering to the Super-Rich to Weather a Downturn?

When big chains like Wal-Mart and Home Depot come to town, many small retailers flee to higher ground, that is, to the high end of the market. Competing on price is futile against the giants, and catering to the well-to-do seems good bet since these customers often don’t care how much they spend for a baby jumpsuit or evening bag.
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  24 January, 2008| Economy | @ 19:13

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