Articles by Tami Rose
Spring is upon us, and though winter seems reluctant to depart, beautiful weather will be here before we know it. I love this time of year and can’t wait to get out in the garden. Plus, as the days get longer and people’s moods improve, their thoughts will inevitably turn to pleasure.
In the early 2000s, economists coined the term “lipstick index” to describe the phenomenon of increased sales of beauty products during economic downturns.
The world is in a state of flux. First the pandemic upended life as we know it, and now an economic downturn once again has adult retailers facing an uncertain future as consumers shift their spending to essentials like food and health care.
There is no doubt that we are living in uncertain times. The leak of the Supreme Court decision on Roe v. Wade, the inflation caused by war, supply chain issues and labor shortages have left many people worrying about what the future holds.
There is no doubt that 2020 has left its mark and we have turned a corner into a whole new reality, but change always brings opportunity.
As a futurist, I’m always a glass-half-full kind of girl. When it comes to business, however, it isn’t just about keeping a positive mentality — the adult retail biz has provided plenty of evidence as to why I think we are looking at a bright future and an increase in profits.
I recently heard someone bemoaning the fact that retail stores were never going to be the same after the pandemic, and I just took that as a challenge to become better than ever.
I don’t know about you but it seems like more and more of my life goes online every day. In one way, it is wonderful because I can literally make friends all over the world.