Jan 13, 2011
Reinventing themselves: Shops fight off tough times by changingBy Jim TottenLivingstonDaily.com

As the economic downturn took hold several years ago, Mondi Miller watched the flow of customers slow to a trickle in her Heirloom Oriental Rugs shop in downtown Brighton.

“Nothing was happening,” she said.

The shop owner eventually realized she had to make a decision: change or close up.

“We’re reinventing ourselves,” she said.

During the vibrant economy of the 1990s, interior decorators from southeastern Michigan used to bring customers into her high-end shop to look at hand-knotted rugs which took workers in India up to two years to make. The rugs sold for $1,800 to $10,000 depending on size, and original oil paintings went for $180 to $2,300.

All that changed when the economy tanked. Mondi Miller said two local decorators moved out of state; no one was buying handmade wool rugs.

“With the economy, we could have hung in there a little longer,” she said. “But if we didn’t change, we would have had to close.”

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This year’s outlook is just peachy.The Pantone Color Institute named Peach Fuzz (PANTONE 13-1023) its 2024 Color of the Year, and the hue is already permeating retail. Here we present the latest products adorned in the peachy hue, as well as four complementary hues selected by Pantone for 2024. Read the Spring 2024 Trend Report here: giftshopmag.com/article/spring-2024-trend-report-peach-fuzz-and-its-supporting-cast/📸: Photo courtesy of Mud Pie. ... See MoreSee Less
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