The Canadian Gift & Tableware Association's (CGTA) Spring Gift Show was held last week here in Toronto. During my five days there, I had the opportunity to speak to a number of retailers and suppliers. As a result of these conversations, I would characterize the overall mood at the show as one of positive pragmatism. Everyone knows these are challenging times and everyone is doing their best to meet those challenges. Suppliers at the show offered lots of new products, and retailers did their part by buying. It's business as usual with a watchful eye to spending and operational efficiencies.
In fact, the only laments I heard were directed at the relentless "doom and gloom" being dished out daily by the consumer media. It's too bad that some of those consumer scribes didn't visit the show and talk to the industry's retailers and suppliers. They might have learned that a lot of entrepreneurs might be feeling squeezed, even a bit down, but are light years from being out and are positive they'll survive 2009.