We have had quite a large number of drastic markdown sells here in Charlotte. It is most likely because of the low-yield fiscal season the profit analysts seem to be predicting these days. Not to say they are wrong; America, in particular, is not spending as much of its disposable income in general as seen in previous years. In my opinion, we will not do so at the extent that we did in the mid to late 80's (the decade of excess), which seems to be most analyst's comparison point, in the near future. That being said, everyone I know, myself included, is taking full advantage of the falling economy and subsequent sale barrage being thrust on to the public. For example: I just bought a Baume & Mercier Hampton Chrono
(that is the exact watch and also shows you the price difference between this local jeweler and ashford.com) at one of the finer jewelers of Charlotte, Dainck Brothers, for about $900. The market is really pushing retailers and even specialty shops to be competitive, to avoid having that low-yield fiscal season mentioned before.