The Disappearing Mid-Market

Earlier this year, after comparing advertisements from the 1980s and the present day, I suggested that the consumption of luxury items has become more and more widespread in network culture

Recently, I ran across a story in the Economist on
The Disappearing Mid-Market that argues that consumers are finding new ways to save through eBay and other bargain outlets (buying used clothes is more acceptable than ever) while buying more and more luxury goods. The result is the end of the mid-market. Goodbye Sears and Macy’s.

Earlier this year, after comparing advertisements from the 1980s and the present day, I suggested that the consumption of luxury items has become more and more widespread in network culture

Recently, I ran across a story in the Economist on
The Disappearing Mid-Market that argues that consumers are finding new ways to save through eBay and other bargain outlets (buying used clothes is more acceptable than ever) while buying more and more luxury goods. The result is the end of the mid-market. Goodbye Sears and Macy’s.