Another company bites the dust

As I listen to President Obama’s press conference and his pleas for passing the stimulus package, I read about another company closing its doors, or at least some of its doors.  Although I have never shopped at Shabby Chic, I have heard about it and seen references in magazines to the style.  The lady who owns it wrote in her blog that she has filed bankruptcy.  

I think this is another company which did not plan nor see an end to the frivolous spending.  Why did so many think we could just keep going the way we were?  Without credit, Americans cannot afford the lifestyle to which they had become accustomed.

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3 Responses to Another company bites the dust

  1. Last week I painted a bathroom upstairs. I went to Goodwill and bought a shower curtain ($4.99-it was new). Three days later I went back and found two pictures for the wall ($4 each).

    I can make my own Shabby Chic!

  2. I didn’t understand the appeal, but there were people who liked the brand and bought into the genre.

  3. I made the rounds of the going-out-of-business sales in my neck of the woods last weekend. Circuit City. Linens ‘n’ Things. World Market. Although I got some great bargains, the shopping trip wasn’t as fulfilling as one of those jaunts usually is. Bummer.

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