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Industry: Email Alert RSS FeedRelishing the luxe consumer.
Home Accents Today, March, 2007
Becky Boswell Smith
Everyone, including us, seems to have discovered and embraced the luxury consumer. She's the current hot topic of conversation among retailers and vendors and she is the reason you are getting a copy of the second issue of Relish with this month's Home Accents Today .
After all, she's a dream come true - money to spend and the inclination to spend it. Add to that her democratic tendencies of liking to shop at Target as well as Neiman Marcus, Costco and Sam's Club, not to mention the local upscale shop.
According to the latest census, households with $100,000-plus incomes make up 17% of all U.S. households and that's projected to grow to 22% by 2010. A nice number, indeed.
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