A Recession Lesson
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A Recession Lesson

20090129yankeestuff1.jpg
Photo by Jamie Bradburn/Torontoist


The current economic situation has not been kind to American retailers. With sales sinking and several wobbly chains going the liquidation route, the U.S. retail landscape might not be the best model to emulate at the moment.
This brings us to Yankee Stuff, a store proudly displaying the red, white, and blue (and several small Canadian flags) on Bloor Street in Korea Town. While walking by the star-spangled storefront in December, we noticed a sign in the window for a sale honouring the state of the economy south of the border. Since it was billed as an ongoing offer we assumed that, based on reading the work of several economic pundits, this sale would last for at least a year or two.
And how has the recession sale gone?


20090129yankeestuff2.jpg
Photo by Jamie Bradburn/Torontoist


We returned after Christmas to find that, based on the wrapping paper covering the display window, the recession had claimed another victim.
The lesson? Be careful of naming your sale after an economic event, as said event may come back to bite you.

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