Paper Topic:

Microeconomics

Summary : This is a 1-page on Microeconomics . The is in APA format and has 1 source . The gives a brief synopsis of a microeconomics article

Running Head : BED BATH BEYOND : AN ECONOMIC INDICATOR

Bed Bath Beyond : An Economic Indicator

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Bed Bath Beyond : An Economic Indicator

In this Time Magazine article Sean Gregory discusses the surprising rise in profit of Bed Bath Beyond , a prominent home-furnishing retailer in the United States . According to Gregory previously the retailer was badly hit by recession as

its profit fell to 18 .2 and sales dropped to 4 .3 in the fourth quarter of the fiscal in last year On the contrary the retailer showed a surprisingly remarkable progress as its profit for the first quarter rose to 13 .5

According to Gregory one should not be too quick to conclude that it is a sign of change in the wave of recession because according to many analysts the sales fall could be around 4 . Moreover , the current rise in profits may be the result of different factors . It may be the sign of a positive change in the mood of customers , as they seem more willing to spend their money . According to a NPD research majority of the shoppers wanted to spend on their homes first . A young shopper pointed out Your home is your place of comfort , the only thing you can count on According to experts this type of thinking indicates that though...

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