The Recession Is Here. Sales Are Up

The official word came last week, to absolutely no one's surprise: the U.S. is in a recession. Tough times for retailers, right? It depends on what you're selling. In a tightened economy, everyone is looking for a bargain, which is bad for high-end stores but good for discounters like Target and Wal-Mart, both of which have seen sales spurts. It's also a boost for products that people turn to when times are tough.

--By Deirdre van Dyk

FIREPLACE LOGS People are spending more time at home, and it's cold outside. Sales of logs are up 23% over last year.

HOME ACCESSORIES...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!