JANY Special Delivery Show-Day 2: Bargain Buyers Reflect U.S. Economy
October 31, 06
After a booming opening day in which over 2,500 retailers took to the aisles at the JANY Special Delivery Show, the casual word from exhibitors on the floor was decidedly mixed. With over 400 diverse exhibiting companies, the show has something for everyone, but bargains and close-out sellers saw the most traffic and also seemed to be cashiering the most sales.
Buyers on the second day of the show, as on the first, primarily gravitated to price point dealers, close-out and surplus stock sellers. Even gold dealers noted that they were doing a brisk business in 10 karat white and yellow gold chains and bracelets, as well as lighter 14 karat gold items. Loose gemstone dealers and diamond dealers were not seeing the 'cash and carry' boon of the finished goods sellers.
As price seems to be the focus of most buyers, coupled with a lackluster month in October for many retailers, bargain-hunting appeared to be the order of the day.
The Hong Kong Pavilion's exhibitors seemed to have the most consistent traffic and retailer interest, which is understandable as the buyers are seeking value, quality, and good price points. Thailand appeared to be running a close second in buyer interest to
Despite the price-driven sales atmosphere, the overall vibe has been positive. As Drew Lawsky, Show Director for JA New York noted, "The buyer attendance and energy at the show opening day was very strong. Our numbers are up, and people are buying. We anticipate a successful show."
The JANY Special Delivery Show concludes on Tuesday, October 31 at 3 PM. Those retailers wishing to attend at the last minute may still register on-site.