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Rolex Recession at Somerset Collection deedsphotos

Updated on November 21, 2009

I had an errand near the Somerset Collection mall this morning and grabbed my camera as I went out the door. The Christmas decorations at Somerset are going up although Thanksgiving is two weeks away. Unemployment in Michigan is more than 15%, and some say it's headed for 20%. The pictures below were taken on the upscale side of the mall where sales people out-numbered buyers. 11-13-09 deedsphotos

11-10-09 Several weeks ago I took some pictures on the proletarian side of Somerset Collection where there were 40-70 percent discount signs at nearly every store and couple of bankruptcy fire sales in progress. When I took the pictures for this hub on the richistan side I wondered why I didn't see similar fire sale signs. Well, I found the answer in this morning's New York Times. (artilce linked below). Saks Fifth Avenue and other upscale merchants have decided to try to wean their clientele away from expectations of huge discounts. They have reduced their store inventories and claim they have no plans for big end-of-the-year discounts.

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    • Ralph Deeds profile image
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      Ralph Deeds 7 years ago from Birmingham, Michigan

      NYTimes 11-18-09 After a brutal year in which the nation’s luxury retailers were forced to offer their wares at stunning discounts, they are trying to get their magic back. And they may have found a way: deliberately running low on merchandise.

      Saks, the chic Manhattan department store, is a prime example. Its inventory is down by double digits compared with last year. That is partly a response to lower demand, of course, but it is also a business strategy aimed at weaning consumers from deep discounts. By carrying fewer goods and selling them at full price, Saks is essentially telling customers: buy it now or live without it.

    • profile image

      George Macon 7 years ago

      Not quite as extravagant a display as past years...Oh well.

    • Ralph Deeds profile image
      Author

      Ralph Deeds 7 years ago from Birmingham, Michigan

      GM re-opened an old assembly plant in Delaware. Joe Biden deal? I hadn't heard that, but politics is politics.

    • eovery profile image

      eovery 7 years ago from MIddle of the Boondocks of Iowa

      I have been meaning to ask, what is all this I hear about GM opening a new plant in Delaware? Couldn't they have reopened plants in Michigan, instead? Some say this a Joe Biden deal?

      Keep on hubbing!

    • blue dog profile image

      blue dog 7 years ago from texas hill country

      hi ralph,

      i agree with r. dente on the apple stores. unbelievable. their business plan is in full swing. of course, that "one to one" teaching program is even more unbelievable. they deserve the business.

      looks like the chocolate shop is doing okay there!

    • Ralph Deeds profile image
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      Ralph Deeds 7 years ago from Birmingham, Michigan

      Interesting observation, Robert. I'll see if I can find an Apple store on the other side of the mall and add a picture of it. Thanks and best regards.

    • profile image

      Robert Dente 7 years ago

      Have you noticed the contrast between the Apple Store at the Mall and all of the others? They have lines and people have to make appointments to buy their products.

      I hope Apple takes over the world--if only because they get it and know what they're doing.

    • Ralph Deeds profile image
      Author

      Ralph Deeds 7 years ago from Birmingham, Michigan

      Me too! I bought a couple of pairs of khakis on sale at Sears last week.

    • drcrischasse profile image

      drcrischasse 7 years ago from NH/Foxboro

      I just wonder if we are getting store overloads. How many stores do we actually need? I still love Sears!

    • Ralph Deeds profile image
      Author

      Ralph Deeds 7 years ago from Birmingham, Michigan

      We sure are in Michigan. More foreclosures also.

    • ethel smith profile image

      Eileen Kersey 7 years ago from Kingston-Upon-Hull

      We seem to be seeing more stores closing all the time

    • Ralph Deeds profile image
      Author

      Ralph Deeds 7 years ago from Birmingham, Michigan

      Thanks to everyone for the kind comments.

    • Hi-Jinks profile image

      Hi-Jinks 7 years ago from Wisconsin

      The rich are rich for a reason, they can stick it to the poor. While you were out did you happen to ask the clerks what kind of health insurance they had, or where you could buy same?

      I did like the photo of the naked angel.

    • breakfastpop profile image

      breakfastpop 7 years ago

      Dear Ralph,

      Your pictures are better than a thousand words. When will this end and how?

    • kartika damon profile image

      kartika damon 7 years ago from Fairfield, Iowa

      Wow! An eye opener to say the least! Kartika

    • SweetiePie profile image

      SweetiePie 7 years ago from Southern California, USA

      Great photos by the way. Scary times when the upscale side of the mall has that few shoppers!

    • Ralph Deeds profile image
      Author

      Ralph Deeds 7 years ago from Birmingham, Michigan

      I think they're in tough shape in Michigan. There are several vacant stores in the mall. The economic pain is gradually spreading outward from the automobile companies to the state, the counties and the cities whose budgets are in deficit and their pension and health care commitments to retirees are in trouble.

    • eovery profile image

      eovery 7 years ago from MIddle of the Boondocks of Iowa

      So how are the high businesses staying in business there in Michigan?

      Keep on Hubbing!