BBA
From the Austin Business Journal, April 24, 2009
Dealing in used and refurbished goods and repair services may provide shelter from the economic storm. Robert Adams, a lecturer at the University of Texas’ McCombs School of Business, said there is an overall shift toward repair and resale, and away from new goods — a trend that can be seen in most any industry.
“The big picture trend … is refurbish and repair instead of replace,” Adams said. “People are forgoing the stainless steel refrigerator and keeping the old clunker a little longer.”
Read the full story from the Austin Business Journal.
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