CES: Retailers go into hiding
Were buyers shying away from the Consumer Electronics Show this year or did they just keep a really low profile?
Given the state of retailers — what with consumer electronics sellers like Circuit City filing for bankruptcy protection — it wouldn’t be surprising if they kept away. After all, who’s in the mood for bulk buys of fancy new gadgets when consumers are so tightfisted with their dollars?
There was no International Retail Power Panel, which has featured the CEOs of Best Buy and Circuit City in the past. And the one retail panel advertised on the CES website earlier — International Success Stories from Retail — was also cancelled today, without explanation.
Guess it’s hard to celebrate success in a recession.