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What items/brands/services will do well out of the recession?
drc
Posts: 2,057 Forumite
About 6 months ago I said to my OH that we should buy shares in one of the chocolate manufacturers as when people are down they indulge in chocolate as it makes them feel all warm and cosy. Well, we didn't do it but I heard on the news that Cadburys or some other chocolate manufacturer has made big profits so far in the recession as lots of people are turning to chocolate for comfort. Bah! :mad:
So, what items/brands/services do you think will do well/better from the recession?
So, what items/brands/services do you think will do well/better from the recession?
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Comments
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RM computers- as they rely on the government for investment and there is a massive 'building schools of the future' scheme running. They won't necessarily do 'well' however, they will survive. In addition, they own Dakta, which sell traditional and educational toys, which see an increase in sales during a recession.
hIf you aim for the moon if you miss at least you will land among the stars!0 -
Pawn shops. Bookies. Subway, Macdonalds, Pizza Things - people are trading down from buying food.0
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Anyone involved in servicing equipment, as companys will probably spend more on keeping old equipment going rather than buying new.Please remember other opinions are available.0
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Tourist industry, with weak Sterling.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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Charity shops, let's hope.0
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Primark and similar.I came in to this world with nothing and I've still got most of it left. :rolleyes:0
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Tobacco always does well, and look at companies like J D Wetherspoon, cheap drinking places.“I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse0
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Most leisure activities seem to be doing well, I guess if people are going away on holiday less, we can make up for it a little with a few extra family days out.0
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Tourist industry in UK, because of the weak £.0
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Especially camping0
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