July 2008
Intermediate to advanced
288 pages
4h 17m
English
Content preview from The Age Curve: How to Profit from the Coming Demographic Storm
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The Future of Other Retail
What about big-box hardware stores like Home Depot? Cooked. Toast. The Boomer “Do-It-Yourselfer” is doing fewer and fewer of the big projects as he or she bumps up against retirement. Gen Xers don’t have the critical mass to take up the slack, and Generation Y is too young. Immigrants don’t own homes. Couple this with the drop in new home sales, and you have a troubling formula.
On the other hand, I am told that when the number of new homes being built begins to wane, kitchens and bathrooms step up to the plate. Remodeling kitchens and bathrooms is very profitable.
The eyewear industry is also taking a hit because of Generation X. Have you heard of presbyopia? It is an ophthalmic term that describes a vision condition ...