Small Business Marketing News

Teen Retail Store Experiences Gains

Written by Miriam Lamey
Published: 5/21/2009

Hot Topic sees more young consumers spend money.

While many stores have recently reported sales drops, the goth-inspired, alternative small chain Hot Topic has continued to experience an increase in profits, according to Reuters.

Entrepreneur Marketing Talk

Except for the month of April 2009, the stores have reported profit gains starting in October 2008 after a five-month drought.

This is good news for small businesses that may be worried about lower profits or have had to adjust their income expectations.

Hot Topic has only 681 stores nationwide and it began carrying merchandise linked to the popular teen movie and book set, Twilight, which could be the reason for its increase in sales, the news provider reports.

However, the NPD Group's analyst, Marshal Cohen, told the wire service that Hot Topic should not expect consistent high sales due to its clientele, which could provide a useful tip for small businesses who hope to cater to teenagers.

Cohen explained to Reuters that teens are "the most fickle consumer - they can love you today and forget about you tomorrow."

Share this article


About Our Small Business News

If you enjoyed this article, you can find plenty more like it on our site. We cover important news stories for entrepreneurs. In addition to breaking news for entrepreneurs, we also have tons of how-to articles that cover topics like writing a business plan, preparing a marketing plan, selling a business and much more.

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary